Foundations Triple Support for Grants in Health-Care Policy, New Report Says
Public debate about the U.S. health-care system spurred foundations to triple their support for grants dealing with health-care policy during the first half of the 1990s, a new report says. Foundations awarded $99.8-million in grants for health-care policy in 1995 compared with $30.9-million in…
By DOMENICA MARCHETTI
Contributor
Twenty years ago, Tom Goodwin, a Sacramento businessman and pilot, started a volunteer program to transport donated organs and other emergency medical cargo to hospitals in northern California. Today the program, now a charity called AirLifeLine, has grown to include 900 pilots, and the cargo they…
NATHAN CUMMINGS FOUNDATION 1926 Broadway, Suite 600 New York 10023 (212) 787-7300 World-Wide Web: http://www.ncf.org Period covered: Year ending December 31, 1997. Finances (in millions) 1996 1997 Assets $356.4 $403.7 Interest & dividends 12.5 14.5 Net investment income 11.1 12.8 Net realized gain…
Donor Adds $30-Million to His Pledge to Ariz. Law School; Other Gifts
Several non-profit institutions have received big gifts. * The University of Arizona’s College of Law, in Tucson, will receive an additional $30-million from James E. Rogers, augmenting a $20-million pledge Mr. Rogers made five months ago (The Chronicle, May 7). Mr. Rogers, owner of Sunbelt…
Survey Details Big-Business Ties to Local Economic Development
A significant portion of corporate America is investing money in downtrodden areas near their operations -- and many plan to increase their spending. A new Conference Board survey of 119 large corporations found that 80 per cent are involved in such economic-development work. The Conference Board,…
By Susan Gray
Contributor
Americans Place High Value on Non-Cash Corporate Gifts
Americans are not very impressed by companies that just give money to charities, according to a new survey. They look more favorably upon corporations that donate products and give their employees opportunities to volunteer. The survey of about 1,000 people was commissioned by Hill and Knowlton’s…
By Paul Demko
Contributor
At a Glance: The Wallace Alexander Gerbode Foundation
History: Established in 1961 by Martha Alexander Gerbode, a descendant of the Alexander missionary family, which traveled from New England to Hawaii in 1830. The family later helped create Alexander & Baldwin, one of the biggest sugar companies in Hawaii. She named the foundation after a son who…
Gerbode fund mixes personal touch with support of unpopular causes Nearly every weekday morning, Tom Layton, executive director of the Wallace Alexander Gerbode Foundation, has coffee with local charity leaders at Caffe Roma, just steps away from the foundation’s offices here in the city’s North…
By MARINA DUNDJERSKI
Contributor
When elderly people debilitated by diseases like Parkinson’s and Alzheimer’s get together with youngsters from Advocate Health Care’s preschool center, the adults are treated with a kind of respect that they don’t always get from their peers. “Kids don’t traditionally look at these people and see…
DePauw U., Ole Miss Get Large Gifts
Two universities have received big gifts: An anonymous donor has given $39.2-million to DePauw University, in Greencastle, Ind., for scholarships. The donation increases the university’s endowment to $340-million and pushes the capital campaign past its $153-million goal, to $191-million. Richard…
Survey Finds Giving in Silicon Valley Is Strong, but Not Among Wealthy
Silicon Valley is proving to be fertile ground for philanthropy, but not among the wealthiest households, according to the findings of a new survey. Commissioned by the Community Foundation Silicon Valley, in San Jose, the study found that more than 8 in 10 households in the area give to charity.…
By Paul Demko
Contributor
Charitable accounts add to assets of people breaking free of poverty Putting several hundred dollars in the bank paid rich dividends for Zelinda Davis-Kirk. For two years, every $1 that Ms. Davis-Kirk saved was matched with $2 by the Women’s Self-Employment Project, a Chicago charity that, with…
By Paul Demko
Contributor
Reading to young children helps stimulate their development in many positive ways and makes them more likely to become good readers themselves. But many poor children have access to few books and live in families that may place little emphasis on reading. Reach Out and Read has been working to…