U. of Va. Gets Pledge of $20-Million to Help Build Basketball Arena; Other Gifts
An anonymous donor has pledged $20-million to the athletics department at the University of Virginia, in Charlottesville, to help design and construct a basketball arena. The arena, which will also be used for concerts and other special events, is expected to cost $125-million. Other nonprofit…
Founders Give Gates Foundation $2-Billion, Raising Philanthropy’s Assets to $23.5-Billion
By LAURA HRUBYMicrosoft’s co-founder, Bill Gates, and his wife, Melinda, have donated an additional ALSO SEE: Assets of the Nation’s Wealthiest Foundations $2-billion in Microsoft stock to their private foundation, raising its endowment to $23.5-billion. The Gateses made the gift to the Bill &…
By Laura Hruby
Contributor
Charities Hope British Tax-Law Changes Will Inspire Greater Giving
By STEPHEN G. GREENEBritish charities are hoping that major changes in the nation’s tax laws that have improved the incentives for charitable giving will lead to a big jump in donations. ALSO SEE:Britain’s Philanthropy Empire The Charities Aid Foundation, a leading British charity that promotes and…
By Stephen G. Greene
Contributor
Photograph by Lisa PooleEvery Saturday, a small band of volunteers spends part of the day scrubbing, painting, and repairing the Adventure, a 1926 fishing schooner docked in Gloucester, Mass. The volunteers belong to the Gloucester Adventure, a nonprofit organization that is trying to raise…
Britain’s Philanthropic Empire
Charities Aid Foundation plays lead role in globalization of givingLondon Philanthropy, like politics, remains for many people primarily a local phenomenon. But as the interconnectedness of many social issues becomes increasingly apparent, and as images of disasters, civil strife, and environmental…
By Stephen G. Greene
Contributor
New ‘Points of Light’ Include Founder of Music Program
Following are the people and organizations that have most recently been named to receive President Bush’s Daily Points of Light Award. The Points of Light Foundation, a Washington charity, assists the president in making the choices and carrying out the award program. More information about the…
Survey Finds Drop in Percentage of Donors to Churches and in Their Average Yearly Gifts
Sixty-one percent of adults made cash donations to one or more churches or other places of worship last year, down from 66 percent in 1999, according to a new survey. The average amount of a donor’s annual church contributions also slipped during that period, from $806 to $649, the survey found.…
U. of Va. Gets Land Worth $45-Million; Other Gifts
John W. Kluge, a telecommunications and media executive, has given the University of Virginia real estate worth $45-million in Albemarle County, Va. The donation includes 7,378 acres of land, including 10 working farms. Mr. Kluge, the chairman of Metromedia Company, will retain use of a portion of…
Not by Bread Alone: Soup Kitchen’s Exhibit Feeds the Human Spirit
More than 40 photojournalists from around the world donated their time and ALSO SEE:View the complete photo essay online photographs to help the Capuchin Soup Kitchen of Detroit raise money through an online auction and photo exhibit. Photographers were asked to donate two prints that illustrate…
Each spring, a parade of young players in baseball uniforms marches through Boston’s South End neighborhood to mark the beginning of the season for South End Baseball, a recreational league for youths ages 5 to 18. Adult volunteers for the nonprofit organization teach kids how to hit and catch,…
Dallas Woman Who Designed Way to Help Children’s Caseworkers Among ‘Points of Light’
Following are the people and organizations that have most recently been named to receive President Bush’s Daily Points of Light Award. The Points of Light Foundation, a Washington charity, assists the president in making the choices and carrying out the award program. More information about the…
$11-Million Trust to Benefit 2 Pa. Schools; Other Gifts
Compiled by LAURA HRUBYMary Watt Van Dusen, of Philadelphia, has left a trust worth $11-million to two Pennsylvania schools, for endowment. Springside School, in Philadelphia, and the School at Church Farm, in Paoli, Pa., will split the proceeds from the trust. Mrs. Van Dusen, who died in January,…
Gift to Research Center Puts Mo. Couple in Billion-Dollar-Donor Club
A Kansas City, Mo., couple has donated more than $1-billion to a genetic-research center they established in 1994. ALSO SEE: Gifts of $1-Billion or More Made by Living Americans Jim Stowers, who founded American Century Companies, a mutual-fund company formerly known as Twentieth Century…
By Laura Hruby
Contributor
Nonprofit Leaders Urged to Seek Greater Support From Black Donors
By MICHAEL ANFTDetroit Black nonprofit executives need to do more to recruit African American donors and rely less on white donors and predominantly white organizations, Randall Robinson, president of the TransAfrica Forum, told the 500 attendees at the third National Conference on Black…
By Michael Anft
Contributor