Monday, March 28, 2005

Las Vegas Business Press-"Philanthropy takes off in Las Vegas

Las Vegas Business Press: "Philanthropy takes off in Las Vegas

BY VALERIE MILLER

BUSINESS PRESS

The city of Las Vegas turns 100 this year, and its residents might finally be learning to share. The signs are abundant. Seven years after its formation, an organization with the mission of improving corporate giving in Las Vegas is finally hitting its stride. Not surprisingly, the success of the local Business Community Investment Council coincides with a flurry of record-breaking donations to causes in the Las Vegas Valley.

Gifts like the record $50 million donation from the Donald W. Reynolds Foundation a week ago for a performing arts center downtown, and the recent $25 million pledge by gaming executive William S. Boyd to the law school bearing his name, give organizations such as the Business Community Investment Council [BCIC] renewed assurance that the philanthropic tide is turning in Southern Nevada."

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