Growth in ‘Supporting Organizations’ at Community Funds
ALSO SEE: Community Foundations See Sharp Growth in Assets Community Foundations’ Assets, Gifts, and Grants in 1998 Copyright © 1999 The Chronicle of Philanthropy
How to Avoid Potential Pitfalls When Giving Donors Their Due
Displays that honor donors by name sometimes do double duty for charities: ALSO SEE:Beyond RecognitionPhoto gallery They thank people who gave to a specific fund-raising campaign, and they help motivate additional gifts long afterward. The National Science Center/Fort Discovery, in Augusta, Ga.,…
By Holly Hall
Contributor
Childhood Vaccinations and Prison Literacy Are Among Goals of ‘Points of Light’ Honorees
Following are the people and organizations that have most recently been named to receive President Clinton’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…
Post Office Honors George Peabody
The United States Postal Service has issued a special pictorial cancellation commemorating the 130th anniversary of the death of the philanthropist George Peabody. Mr. Peabody, who was born in 1795 in Massachusetts to a poor family, made his fortune in commerce and trade. He established numerous…
$20-Million Pledged to Israeli University
A Michigan businessman who earlier this year stopped payment on a $30-million pledge to one university in Israel has promised $20-million to another institution there. William Davidson, owner of the Detroit Pistons basketball team and chief executive officer of Guardian Industries, in Auburn Hills,…
Corporate-Gifts Bill Advances in Congress
A Congressman’s effort to require corporations to tell their shareholders how much money they give to charities each year -- and to name the largest recipients -- has taken a step toward becoming law. Rep. Paul E. Gillmor, an Ohio Republican, introduced the measure, known as H.R. 887. It has been…
Woman Executives Said to Give More
Senior-ranking female executives and business owners both volunteer and give to charity at a significantly higher rate than do other women, a survey by the National Foundation for Women Business Owners has found. A survey of 184 women -- executives who manage at least $100-million and business…
MIT Announces 2 Big Gifts, Billion-Dollar Campaign; Other Recent Donations
The Massachusetts Institute of Technology, in Cambridge, has announced a $1.5-billion capital campaign and gifts of $100-million and $25-million -- all in a span of eight days. Kenan E. Sahin, a 1963 alumnus and founder of Kenan Systems, a maker of commercial accounting software that was acquired…
Community Foundations See Sharp Growth in Assets
Community foundations nationwide, buoyed by a strong stock market that has boosted endowments and encouraged more donors to give big gifts, together held more than $25-billion in assets last year, according to an annual survey by the Columbus Foundation, in Ohio. ALSO SEE:Community Foundations’…
By Debra E. Blum
Contributor
To Live Forever, Foundations Should Give Away the Minimum, Reports Say
Two new reports on foundation spending policies recommend that those that want to exist in perpetuity should give away only the minimum amount that is legally required. ALSO SEE:How Different Payout Rates Affect a Foundation’s Assets and Spending Under federal law, foundations must distribute at…
By MARINA DUNDJERSKI
Contributor
The Foundations of Andrea and Charles Bronfman
History: Charles R. Bronfman, co-chairman of Seagram’s, established the CRB Foundation in 1986 to support Jewish causes and to promote Canadian heritage and culture. ALSO SEE:A New Era for Jewish PhilanthropyFor Billionaire Couple, Equal Partnership Fuels Passion for Philanthropy He started the…
For Billionaire Couple, Equal Partnership Fuels Passion for Philanthropy
In their art collecting, their philanthropy, and in just about everything else they do, ALSO SEE:A New Era for Jewish PhilanthropyThe Foundations of Andrea and Charles Bronfman Charles and Andrea Bronfman prefer to work as a team. Part of their success together is that they share certain passions…
By Meg Sommerfeld
Contributor
Photograph by John Sherman On a trip organized by the non-profit group Wilderness Volunteers, vacationers might take a lazy dip in a cool river. But before they do, they probably will have helped to restore a spawning ground for the river’s salmon population or to re-plant vegetation that had been…
A New Era for Jewish Philanthropy
‘Super Bowl’ of conferences to mark first meeting of newly merged group Charles R. Bronfman, the 68-year-old Canadian billionaire and philanthropist, is midway through a tour of North America, ALSO SEE:For Billionaire Couple, Equal Partnership Fuels Passion for PhilanthropyThe Foundations of Andrea…
By Meg Sommerfeld
Contributor
Companies Link Business, Volunteering
More and more companies are linking their employee-volunteering programs to their business goals, according to a new survey. The survey, released last month by the Points of Light Foundation, in Washington, found that eight out of 10 companies connect volunteering to their overall business…
By Debra E. Blum
Contributor