Community Foundations’ Gifts, Grants, and Assets in 1997
Also see: Increase in Gifts to Community Foundations Falls Short of Past Years’ Gains Market Value of Assets | Grants Paid | Gifts Received
Employees Say They Want to Volunteer
Three out of four people say they would participate in community-service activities sponsored by their employer, a new survey has found. Prudential Insurance Company of America paid for the telephone survey of approximately 1,000 Americans. The survey also found that while Americans seem ready and…
Japanese Companies Won’t Cut Gifts
Many Japanese companies operating in the United States say that they will not cut their giving, even if their parent companies face sagging profits in the economic turmoil at home, a new survey has found. The survey was conducted by the Japan External Trade Organization, a group sponsored by the…
Fund Seeks to Aid the Chronically Ill
The Robert Wood Johnson Foundation says it will spend $25-million in a five-year effort to improve the quality of health care that chronically ill patients receive from hospitals and other health-care systems. The National Program for Improving Chronic Illness Care will help up to 120 health-care…
Merged Bank Pledges $100-Million a Year
The new Bank of America -- created by the merger of NationsBank Corporation, in Charlotte, N.C., and BankAmerica Corporation, in San Francisco -- has announced that it will give $100-million annually. The foundation also has made its first set of grants. One hundred non-profit groups, located near…
Survey on Role of Ethics at Foundations
Many foundations agree that ethics is a growing topic of public concern these days. But a new survey of officials at 50 foundations found that only 22 said that ethics plays a “very extensive role” in the day-to-day activities of their organizations. The Institute for Global Ethics, in Camden, Me.,…
By MARINA DUNDJERSKI
Contributor
Increase in Gifts to Community Foundations Falls Short of Past Years’ Gains
Community foundations continue to see large increases in giving, although their growth rate is slowing, according to a new survey. ALSO SEE:Community Foundations’ Gifts, Grants, and Assets in 1997 Gifts to community foundations increased by 9.9 per cent in 1997, to more than $2.4-billion, according…
By Paul Demko
Contributor
Literacy Advocate, 18 Others Receive ‘Points of Light’ Awards
Following are the people and organizations that have most recently been named to receive President Clinton’s Daily Points of Light Award. The awards, which are given to those who have done exemplary volunteer work, take their name from President Bush’s description of people who do community service…
Spate of Big Gifts to Benefit Johns Hopkins U., Others
Several donors have pledged big gifts to higher-education institutions. The business-news mogul Michael R. Bloomberg has given $45-million to the Johns Hopkins University, in Baltimore. Mr. Bloomberg founded Bloomberg Financial Markets, in New York, which provides stock-market quotes and runs a…
At a Glance: The J. Paul Getty Trust
History: The J. Paul Getty Trust was established by the legendary oil tycoon in 1953, when he set up a museum at his house in Malibu, Cal. At his death, in 1976, Mr. Getty left $700-million in Getty Oil stock to the museum. In 1980, the museum’s trustees received court approval to pursue activities…
Medical-Aid Charity Gets Hilton Award
An international medical-aid organization that sends physician volunteers to provide medical care to victims of war, civil strife, epidemics, or natural disasters in more than 80 countries has received the 1998 Conrad N. Hilton Humanitarian Prize. Doctors Without Borders/Medecins Sans Frontieres…
By Stephen G. Greene
Contributor
Conservation Group Receives $35-Million for Biology Center; Other Gifts
Several non-profit institutions have received big gifts. * Conservation International, a Washington organization dedicated to preserving biological diversity, has received $35-million from Gordon Moore, co-founder of Intel Corporation, and his wife, Betty. The gift will establish the Center for…
Salvation Army’s San Diego Division Gets $80-Million from McDonald’s Heiress
The Christmas bell-ringing season has yet to begin, but the red kettle at the Salvation Army’s San Diego division is already overflowing, thanks to an $80-million gift from Joan Kroc, heiress to the McDonald’s fortune. The gift is the largest in the 118-year history of the Salvation Army and is one…
By DOMENICA MARCHETTI
Contributor