Surge of Remainder Trusts Seen as Baby Boomers Age
The approach could regain popularity as a result of tax changes and rising income.
By Holly Hall
Contributor
Giving From Donor-Advised Funds Climbs in 2013, Says Fidelity Report
Fidelity Charitable made $2.1-billion worth of grants in 2013, and the average grant size was more than $4,000, up 6 percent from the previous year.
By Debra E. Blum
Contributor
Judge OKs Plan to Sell Iranian Charity’s Forfeited Assets
A federal judge in New York has approved a settlement that will see U.S. authorities sell a 36-story Manhattan office tower and other properties owned by a charity implicated as a front for the government of Iran, Bloomberg and the Associated Press report.
Nonprofits and Those Who Support Them Should Talk Openly About Finances
Financial health is often the last thing nonprofit leaders want to talk about, but without that conversation, supporters miss a chance to structure funding in a way that does the most long-term good.
By Peter Kramer
Contributor
2 Small Endowments Take Different Paths to Growth
Advocate Charitable Foundation Endowment’s market value: $45.5-million Fiscal year ends: December 31 Growth in market value from 2011 to 2012: 27 percent Growth in market value from 2008 to 2012: 155 percent, after inflation Behind the numbers: Despite the downturn, the Advocate Charitable…
Reliance on Stocks and Alternatives Produce Disparate Results
Chicago Symphony Orchestra Endowment’s market value: $232.6-million Fiscal year ends: June 30 Decline in market value from 2011 to 2012: 6 percent Decline in market value from 2008 to 2012: 6 percent, after inflation Behind the numbers: The Chicago Symphony Orchestra places more than half of its…
Endowments Are Starting to Surpass Pre-Recession Levels
Nonprofits earned 7 to 11 percent returns in 2012, according to a Chronicle study of 255 organizations.
By Sarah Frostenson and Doug Donovan
Impact Investing Requires Foundations to Think and Act in New Ways
It’s more complicated than grant making, and evaluating its effectiveness can be difficult.
By Ben Gose
Senior Editor
Nonprofits Get Creative in Raising Money for the Long-Term
Charities are finding intriguing ways to encourage donors to support endowments, even young people.
By Doug Donovan
Contributor
How the Market Boosted One Big Foundation and Hurt Another
Carnegie Corporation of New York Endowment’s market value: $2.76-billion Fiscal year ends: September 30 Growth in market value from 2011 to 2012: 6 percent Decline in market value from 2008 to 2012: 2 percent, after inflation Behind the numbers: The Carnegie Corporation’s endowment has yet to…
University Endowments Balance Risk, With Differing Results
University of Chicago Endowment’s market value: $6.57 billion Fiscal year ends: June 30 Decline in market value from 2011 to 2012: 2 percent Decline in market value from 2008 to 2012: 7 percent, after inflation Behind the numbers: The University of Chicago has yet to replace the losses it…
How The Chronicle Compiled Its Survey of Endowments at Nonprofit Organizations
The Chronicle gathered data from 255 foundations and other nonprofit organizations.
By Sarah Frostenson
Contributor
Pension Loophole Costs Staff at Religious-Affiliated Hospitals and Charities
Workers at some religiously affiliated hospitals and social-service agencies could lose much of their retirement money because their employers took advantage of a provision of federal pension law allowing them to adopt uninsured church pension plans, according to the Associated Press.
Navigating Tough Trade-Offs in the Era of Scarcity
How do we enable a healthy balance between short-term and long-term thinking and investment among nonprofit groups?
By Antony Bugg-Levine
Contributor
Sizing Up the Biggest Donor-Advised Funds
See the change in total assets at the 10 largest funds between the end of the 2012 fiscal year and now.
Donor-Advised Funds Keep Up Rapid Growth
The funds are now worth over a third more than they were before the recession started, a Chronicle study finds.
By Sarah Frostenson
Contributor