Report Looks at Risks and Rewards of Venture Philanthropy
Venture Philanthropy: Landscape and Expectations examines the benefits and the risks of applying investment-management practices to charitable giving. The Morino Institute, in Reston, Va., commissioned the Washington consulting firm Community Wealth Ventures to analyze efforts nationwide to create…
By C. Quinn Hanchette
Contributor
Scholar Extols Benefits of Programs for Kids
Community Counts: How Youth Organizations Matter for Youth Development, by Milbrey W. McLaughlin, argues that kids who attend clubs and other programs outside of school earn higher grades and demonstrate more self-confidence than kids who do not. From 1987 to 1999, Ms. McLaughlin, a professor of…
By C. Quinn Hanchette
Contributor
Charity’s Ex-Chief Admits to Stealing
The founder of the Marine Toys for Tots Foundation has pleaded guilty in federal court in Buffalo, N.Y., to stealing $1.8-million from the foundation. Jerry L. King deposited money from the foundation into a bank account in Hong Kong from 1991 to 1993, when he was president of the organization,…
More Charges Filed in Pa. Health Case
Three top officials of the Allegheny Health Education and Research Foundation have been indicted on theft and conspiracy charges for allegedly misspending more than $52-million in charitable donations. Allegheny was the non-profit parent company of a string of hospitals in Philadelphia and…
IRS Did Not Put Conservative Groups Under Special Scrutiny, Panel Concludes
A key Congressional committee has concluded that the Internal Revenue Service has not unfairly singled out conservative non-profit organizations for audits or other actions. The Joint Committee on Taxation’s three-year review followed news reports in 1997 that the I.R.S. was examining several…
By GRANT WILLIAMS
Contributor
Texas’s First Couple Roll Up Their Sleeves for Churches and Charities
Sarah Wilke, executive director of the Wesley-Rankin Community Center, in Dallas, ALSO SEE:The Bush Brand of CharityGeorge W. and Laura Bush’s Charitable Giving, 1991-98Causes George W. and Laura Bush SupportedGeorge W. Bush: Charity Pledges says she learned a lot about the philanthropic style of…
By GRANT WILLIAMS
Contributor
Texas governor’s policies reflect personal approach to philanthropy When George W. Bush was asked to serve as honorary chairman of Hearts & Hammers, a Dallas charity that renovates homes for the poor, he was happy to oblige. ALSO SEE:Texas’s First Couple Roll Up Their Sleeves for Churches and…
By GRANT WILLIAMS
Contributor
A Territory Resource (Seattle): Appointed Janis L. Strout, development officer at the Funding Exchange (New York), to be executive director. ATR supports community-based organizations in efforts to improve social, economic, and environmental conditions. Abilities of Florida (Clearwater, Fla.):…
Non-Profit Leaves: a Sampling of Programs
Year started: Offered every other year since 1993 Location: 18 weeks in residence at the foundation’s Baltimore headquarters; ALSO SEE:A Break Between Good DeedsCharities Should Plan Carefully for the Time That a Leader Is Away remainder of time spent at seminars and working at non-profit groups…
Congressional Committee Analyzes President’s Budget
The Joint Committee on Taxation has published a detailed review of President Clinton’s recent tax proposals aimed at promoting philanthropy (The Chronicle, February 10). The joint committee estimates that the Treasury would lose about $20.6-billion in revenue from 2001 through 2010 if Congress…
By GRANT WILLIAMS
Contributor
Charity Coalition Opposes Key Disclosure Proposals
Independent Sector, a national coalition of charities and grant makers, is asking Congress to reject several recommendations made by the Joint Committee on Taxation that would require non-profit organizations to make public new information about their operations. Some of the ideas from the…
By GRANT WILLIAMS
Contributor
The following awards have been presented for work in philanthropy, fund raising, volunteerism, and non-profit management: Fund raising. The Direct Marketing Association (New York) has presented its 2000 Fund Raising Achievement Award to Claude Grizzard Sr., past chairman and chief executive officer…
Workers Prefer Employer-Provided Health Insurance, Survey Finds
Listening to Workers: Findings From The Commonwealth Fund 1999 National Survey of Workers’ Health Insurance, reports a consensus among adults aged 18 to 64 that employers are the best candidates to provide health coverage to Americans. The Commonwealth Fund commissioned Princeton Survey Research…
By C. Quinn Hanchette
Contributor
Report Gives Mixed Reviews to Internet Discount Plan
The E-Rate in America: A Tale of Four Cities, edited by Andy Carvin, analyzes the effects of a federal program that enables public schools and libraries to buy telecommunications technology at a discount. This “e-rate,” which was created in 1997 to help schools connect to the World Wide Web, has…
By C. Quinn Hanchette
Contributor
Author Urges Donors to Do Research on Charities Before Giving
Don’t Just Give It Away: How to Make the Most of Your Charitable Giving
By C. Quinn Hanchette
Contributor
Bits: An Online News Service, an Internet Sing-Along, and a Group for Charity Web Masters
* The A.J. Fletcher Foundation, in Raleigh, N.C., has started a new Web site, Nonprofitxpress, which provides news about fund raising, non-profit management, giving, and volunteerism. The site, which also includes a section on non-profit news in North Carolina, is edited by Todd Cohen, who founded…
By NICOLE WALLACE
Features Editor