Survey Reveals Income Gap Between Male and Female Fund Raisers
JOB MARKET By Heather Joslyn Female fund raisers at U.S. nonprofit organizations earn a median salary of $25,000 less per year than their male counterparts, according to the first comprehensive compensation and benefits survey of fund raisers in North America conducted by the Association of…
By Heather Joslyn
Contributor
ALSO SEE:Health-Charity Executive Takes Responsibility to Heart Advertising Council (New York): Appointed Isabel Caicedo, a campaign manager, to be campaign director. African Wildlife Foundation (Washington): Appointed Patrick J. Bergin, vice president for African operations, based in Nairobi, to…
Charity Executives’ Median Pay Is $42,000, Report Says
The median salary for chief executives of nonprofit organizations is $42,000 -- less than what ALSO SEE: Pay Increases at Foundations Salaries and Benefits at Foundations Salaries of Chief Executives at Charities, by Field private companies typically pay people in jobs carrying far less…
By Harvy Lipman
Contributor
Charities pursue minority giving as incomes rise among blacks, Hispanics, and other groupsFrustrated by watching Hispanic wealth pour out of their neighborhoods and ALSO SEE: A Changing Palette Seeking a Bigger Share Minority Homeowners Give More to Charity Than Whites, Study Finds Cultivating…
By Michael Anft
Contributor
The nation’s minority population is reshaping the nonprofit landscapeETHNIC CHARITIES, feeling slighted by many mainstream donors, increasingly are seeking not only to raise money but also to develop a culture of giving among members of minority groups. MOST FOUNDATIONS fall far short when it comes…
Write-Offs: Rulings on a Tax Deduction and on Oversight of Donor-Advised Funds
A donor who swapped a charitable remainder trust for a charitable gift annuity is entitled to a charitable income-tax deduction as long as the present value of the money the donor would have earned from the trust is greater than the present value of the payments the donor will receive from the…
By Debra E. Blum
Contributor
IRS Urges Charity Web Sites to Avoid Political Links
In response to a recent proposal by the Federal Election Commission, the IRS has reiterated its view that charities that include links to partisan materials on their Web sites could face tax penalties. The FEC recently proposed that labor unions and corporations, including incorporated nonprofit…
By Elizabeth Schwinn
Contributor
Congress Eases Rules on Corporate Disaster Aid
Corporate foundations would be able to provide direct financial assistance to employees of the company or their families who suffered losses as the result of a disaster, under legislation passed by Congress last month. The legislation was prompted by a desire to help corporate funds make grants to…
By Elizabeth Schwinn
Contributor
Tax Agency Adjusts Rules on Allowable Deductions
The Internal Revenue Service has announced several changes for the 2002 tax year that adjust tax laws to reflect inflation. One change affects the way donors calculate their charitable deductions. Federal law allows donors to take deductions only for the portions of their contributions that are…
By Elizabeth Schwinn
Contributor
The following awards have been presented for achievement in leadership, management, research, and volunteerism: Community development. The Women’s Center and Shelter of Greater Pittsburgh has received the 2001 Community Partnership Award from the Mutual of America Life Insurance Company (New York).…
Supporting the Public-Policy Activities of Neighborhood Organizations
A Seat at the Table: Keeping the “Public” in Public Policy, by Ami Nagle, discusses the importance of public-policy activities to the work of neighborhood organizations. The publication suggests ways in which grant makers can support the advocacy efforts of grass-roots groups, and briefly explains…
By Laura Hruby
Contributor
What Difference Endowments Can Make — and How to Build Them
Endowments and How to Grow Them: Practical Ideas, Survey Results, Practical Anecdotes, by Joseph O. Bull, is a booklet designed for fund raisers, board members, and donors who want to know how building an endowment can help improve the fiscal health of a charity. Among the “seven endowment…
By Janine E. Guglielmino
Contributor
‘Business Week’: Donor-Advised Funds
Though many fund raisers and others fear that people who set up donor-advised funds with help from financial companies like Fidelity Investments, Charles Schwab, and Vanguard would be encouraged to keep their money in their accounts -- and not give it to charity -- that has not been the case, says…
‘Forbes’: Protecting Donors’ Wishes
Donors won a major court victory in April, notes Forbes magazine (January 7), when the widow of a benefactor won the right to pursue a lawsuit against St. Luke’s Roosevelt Hospital, in New York. The widow was angry that the hospital sold a mansion her husband had donated to house an…
‘The New York Times Magazine’: Red Cross’s Troubles
The chairman of the American Red Cross doesn’t want to look for a new chief executive to replace Bernadine P. Healy, who resigned in October, until the organization’s governance system is revised, says The New York Times Magazine (December 23, 2001) in a cover story. David T. McLaughlin, the board…
Former Senator Chosen to Direct Red Cross Fund
The American Red Cross has named former Senate Majority Leader George Mitchell as “independent overseer” of its $667-million Liberty Disaster Fund, which pays for disaster-relief efforts stemming from the September 11 terrorist attacks. The decision to bring in the well-known Mr. Mitchell as an…
By GRANT WILLIAMS
Contributor