Health-Care Endowments See Earnings Grow by 6.3%
Endowment investments at nonprofit health-care organizations grew by 6.3 percent in 2005 — slower growth than in past years and a mirror of how the stock market has been faring, according to a new study by the Commonfund Institute. Last year’s returns were down from an average of 8.2 percent in…
By Harvy Lipman
Contributor
‘Forbes’: Stem-Cell Research Depends on Private Donors
By Elizabeth Schwinn The $25-million gift to the University of Southern California from the billionaire philanthropist Eli Broad is just one of several recent large private donations that support human embryonic stem-cell research, reports Forbes magazine (September 4). Private donors — including…
By Elizabeth Schwinn
Contributor
‘Washington Monthly’: College-Rankings Twist
For a second year, Washington Monthly seeks to turn the industry of college rankings on its head with its September guide to the top “patriotic” colleges. Instead of rating universities based on freshmen SAT scores or alumni giving, the magazine ranks institutions of higher education according to…
By Caroline Preston
Contributor
New efforts train trustees to serve cultural institutions When Michael Zahler moved with his wife, Cindy, and their family to Colorado Springs six years ago, they were excited about their new city. Following stints in San Francisco, Seattle, and California’s Silicon Valley, the couple hoped to find…
By Noelle Barton
Contributor
Why Is a Mystery Man Making Prank Donation Calls?
It begins as a planned-giving officer’s dream: A gentleman rings up out of the blue with an elaborate and emotional story about how he is prepared to give the charity an estate worth millions of dollars. It ends as a minor annoyance and a head-scratching mystery when the would-be donor is rather…
By BRENNEN JENSEN
Contributor
A nonprofit coalition wants to make sure rescue workers never go through another September 11 More than 340 New York firefighters lost their lives on September 11, 2001, as they responded to the terrorist ALSO SEE:Special Report: Renewal and Reckoning attacks on the World Trade Center. Most…
By Scott Westcott
Contributor
An American charity pushes Israel to treat its Arab citizens with respect When Israel and Hezbollah began bombing each other last month, Ami Nahshon didn’t know how long the fighting ALSO SEE:Special Report: Renewal and Reckoning would last or how many casualties to expect. But he knew one thing…
By Rebecca Gardyn
Contributor
Attacks on Ford Foundation Hamper Grant Making to Middle-East Causes
Long before the 2001 terrorist attacks focused foundations’ attention on the Middle East, the Ford Foundation, ALSO SEE:Special Report: Renewal and ReckoningArticle: Struggling to Get Along in New York, made a considerable number of grants to charities in the region. By some estimates, the…
By Michael Anft
Contributor
Foundations move cautiously to promote better relations between the Middle East and West When M. Zuhdi Jasser talks about Islam, he also talks about Western political values. The nonprofit group ALSO SEE:Special Report: Renewal and ReckoningArticle: Attacks on Ford Foundation Hamper Grant Making to…
By Michael Anft
Contributor
Small museums collaborate to attract visitors and strengthen their fund raising The Museum of Chinese in the Americas, in the heart of New York’s Chinatown, was never regarded as a major ALSO SEE:Special Report: Renewal and Reckoning tourist destination, but its staff of six made the most of a…
By Rebecca Gardyn
Contributor
Five years after the attacks, raising money for September 11 memorials was fraught with emotions and politics.
By PETER PANEPENTO
Contributor
Charities and the Terrorist Attacks: Where the Money Went
American Red Cross
By Jennifer C. Berkshire
Contributor
Charities have distributed almost all of the $2.2-billion donated to help people who suffered after the terrorist attacks Almost all of the $2.2-billion that American charities raised to help victims of the September 11, ALSO SEE:List: Charities and the Terrorist Attacks: Where the Money…
By Harvy Lipman
Contributor
Twin Towers Orphan Fund: With Needs Mounting, Money Issues Loom
The Twin Towers Orphan Fund was created just one day after the September 11 attacks. The charity was the project of ALSO SEE:Special Report: Renewal and ReckoningArticle: In Tragedy’s WakeArticle: Windows of Hope: Mission Accomplished, a Nonprofit Group Takes StockArticle: Our Voices Together:…
By Jennifer C. Berkshire
Contributor
Heroic Choices: A High-Profile Group Charts a Less-Glamorous Course
Of all of the charities begun in honor of the victims of September 11, the Todd M. Beamer Foundation, in ALSO SEE:Special Report: Renewal and ReckoningArticle: In Tragedy’s WakeArticle: Windows of Hope: Mission Accomplished, a Nonprofit Group Takes StockArticle: Our Voices Together: Fighting…
By Jennifer C. Berkshire
Contributor
Tuesday’s Children: After a Crisis, a Charity Turns a Corner
It was one of the worst days of his life, recalls Jonathan Barnett, chairman of the board of Tuesday’s ALSO SEE:Special Report: Renewal and ReckoningArticle: In Tragedy’s WakeArticle: Windows of Hope: Mission Accomplished, a Nonprofit Group Takes StockArticle: Our Voices Together: Fighting…
By Jennifer C. Berkshire
Contributor