The Los Angeles Lakers' All-Star guard announced Thursday he has offered eight college students a chance to go to Italy and discover the country where he spent part of his childhood."
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Friday, August 04, 2006
Kobe Bryant offers 8 college students free trip to Italy
Kobe Bryant offers 8 college students free trip to Italy: "Kobe Bryant is going into philanthropy.
The Los Angeles Lakers' All-Star guard announced Thursday he has offered eight college students a chance to go to Italy and discover the country where he spent part of his childhood."
The Los Angeles Lakers' All-Star guard announced Thursday he has offered eight college students a chance to go to Italy and discover the country where he spent part of his childhood."
New Wealth, and Worries, for the Salvation Army - New York Times
New Wealth, and Worries, for the Salvation Army - New York Times: "Published: August 4, 2006
SAN DIEGO — A Salvation Army center is an unlikely home for a $2.5 million Henry Moore sculpture, but here it stood, all but buried under summer campers using it as a jungle gym.
The sculpture and the center, an $87 million complex featuring three swimming pools, indoor ice skating and skateboarding, playing fields and a 600-seat theater, were gifts from Joan Kroc, wife of the McDonald’s Corporation founder, Ray Kroc."
SAN DIEGO — A Salvation Army center is an unlikely home for a $2.5 million Henry Moore sculpture, but here it stood, all but buried under summer campers using it as a jungle gym.
The sculpture and the center, an $87 million complex featuring three swimming pools, indoor ice skating and skateboarding, playing fields and a 600-seat theater, were gifts from Joan Kroc, wife of the McDonald’s Corporation founder, Ray Kroc."
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A Cause That Scares Business
A Cause That Scares Business: "A Cause That Scares Business
The ugliness recalled by a National Slavery Museum gives corporate donors the jitters
The idea first came to then-Virginia Governor L. Douglas Wilder in 1992 as he stood before the Door of No Return on Gorée Island, off the coast of Senegal, from which countless Africans were sent in shackles for enslavement in America. A year later, during a conference in Gabon, Wilder publicly disclosed his private obsession: creating a national museum of slavery. For the past 13 years he has been trying to transform his $200 million dream into a concrete-and-glass reality."
The ugliness recalled by a National Slavery Museum gives corporate donors the jitters
The idea first came to then-Virginia Governor L. Douglas Wilder in 1992 as he stood before the Door of No Return on Gorée Island, off the coast of Senegal, from which countless Africans were sent in shackles for enslavement in America. A year later, during a conference in Gabon, Wilder publicly disclosed his private obsession: creating a national museum of slavery. For the past 13 years he has been trying to transform his $200 million dream into a concrete-and-glass reality."
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GuideStar - News - Articles - CLEAR Circles: Supporting Nonprofit Leaders in a New Way
GuideStar - News - Articles - CLEAR Circles: Supporting Nonprofit Leaders in a New Way: "CLEAR Circles: Supporting Nonprofit Leaders in a New Way
Being a nonprofit executive director can be isolating. Trying to create an environment that attracts and maintains committed and talented people on shoestring budgets can be exhausting. Working with boards of directors who may be dedicated to the organization's mission but don't understand their true roles and responsibilities is frustrating. Confronting daunting social issues on a daily basis can be painful. Facing an increasingly competitive environment from a perspective that has not traditionally been competition oriented is daunting. With weighty issues like these bearing down on them daily, where can nonprofit leaders turn for support and problem solving?"
Being a nonprofit executive director can be isolating. Trying to create an environment that attracts and maintains committed and talented people on shoestring budgets can be exhausting. Working with boards of directors who may be dedicated to the organization's mission but don't understand their true roles and responsibilities is frustrating. Confronting daunting social issues on a daily basis can be painful. Facing an increasingly competitive environment from a perspective that has not traditionally been competition oriented is daunting. With weighty issues like these bearing down on them daily, where can nonprofit leaders turn for support and problem solving?"
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Thursday, August 03, 2006
NP Times / NPT’s Power and Influence Top 50 2006
NP Times / Special Report: 2006 Salary Survey:
"Paulette V. Maehara
President & CEO
Association of Fundraising Professionals
Alexandria, Va.
Maehara doesn’t just lead the largest and growing organization of fundraisers on the planet (yes, AFP is international), she is also sought after for the sector’s most influential boards, such as American Society of Association Executives and the Panel on the Nonprofit Sector."
NPT’s Power and Influence Top 50 2006
snip snip>>"Paulette V. Maehara
President & CEO
Association of Fundraising Professionals
Alexandria, Va.
Maehara doesn’t just lead the largest and growing organization of fundraisers on the planet (yes, AFP is international), she is also sought after for the sector’s most influential boards, such as American Society of Association Executives and the Panel on the Nonprofit Sector."
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St. Helena Star .::. CommunityFeatures-Inspired by families
St. Helena Star .::. CommunityFeatures: "Inspired by families
'As long as I can remember my mother has been involved in the Red Cross in the valley,' Dixon said. 'I remember waking up at 2 in the morning when I was younger to help people who might have been in a fire or a flood or whatever. She was always available. I went at times.'
Their parents' examples of community service has been inspirational, the two men agreed. And it was time to step up their own involvement.
Last month they donated a percentage of their real estate commissions -- they are associates with Up Valley Real Estate -- to St. Helena High School science teacher Chris O'Connor's biodiesel project. Toller and Dixon, not only intrigued with the concept of creating fuel from cooking oil, are tickled by the thought that there may be a hint of French fries in the air once the project gets underway."
'As long as I can remember my mother has been involved in the Red Cross in the valley,' Dixon said. 'I remember waking up at 2 in the morning when I was younger to help people who might have been in a fire or a flood or whatever. She was always available. I went at times.'
Their parents' examples of community service has been inspirational, the two men agreed. And it was time to step up their own involvement.
Last month they donated a percentage of their real estate commissions -- they are associates with Up Valley Real Estate -- to St. Helena High School science teacher Chris O'Connor's biodiesel project. Toller and Dixon, not only intrigued with the concept of creating fuel from cooking oil, are tickled by the thought that there may be a hint of French fries in the air once the project gets underway."
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Non-profits operating like a business
Non-profits operating like a business: "Non-profits operating like a business
Kristin Park
Special for The ABG
Aug. 3, 2006 12:00 AM
Arizona's non-profits have a history of being grass-roots organizations that stem from heartfelt motivation and passionate missions. But strong emotional ties to a particular mission can push finances to the background.
That's changing.
As non-profits become more affected by business trends, from a falling stock market to inconsistent government funding, some are pursuing outside business planning services to help them increase their financial sustainability. "
Kristin Park
Special for The ABG
Aug. 3, 2006 12:00 AM
Arizona's non-profits have a history of being grass-roots organizations that stem from heartfelt motivation and passionate missions. But strong emotional ties to a particular mission can push finances to the background.
That's changing.
As non-profits become more affected by business trends, from a falling stock market to inconsistent government funding, some are pursuing outside business planning services to help them increase their financial sustainability. "
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Jewish Charities Seek $300 Million for Israel
Jewish Charities Seek $300 Million for Israel: "Jewish Charities Seek $300 Million for Israel
Activist Rabbi Criticizes Fund Drive, Says U.S. Jews Should Help Lebanon, Too
By Alan Cooperman
Washington Post Staff Writer
Thursday, August 3, 2006; Page A23
An umbrella organization of North American Jewish charities said yesterday that it will seek to raise a minimum of $300 million in emergency humanitarian funds for Israel this year, one of the largest short-term goals in its history.
The fund drive drew immediate criticism from at least one prominent rabbi who called on American Jews to raise money for the reconstruction of Lebanon, not just Israel. But experts on Jewish philanthropy predicted that the campaign would receive broad support, following a well-established pattern of giving by U.S. Jews in times of crisis for the Jewish state."
Activist Rabbi Criticizes Fund Drive, Says U.S. Jews Should Help Lebanon, Too
By Alan Cooperman
Washington Post Staff Writer
Thursday, August 3, 2006; Page A23
An umbrella organization of North American Jewish charities said yesterday that it will seek to raise a minimum of $300 million in emergency humanitarian funds for Israel this year, one of the largest short-term goals in its history.
The fund drive drew immediate criticism from at least one prominent rabbi who called on American Jews to raise money for the reconstruction of Lebanon, not just Israel. But experts on Jewish philanthropy predicted that the campaign would receive broad support, following a well-established pattern of giving by U.S. Jews in times of crisis for the Jewish state."
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Wednesday, August 02, 2006
SAN FRANCISCO / Citywide program on volunteerism is started by Newsom from afar
SAN FRANCISCO / Citywide program on volunteerism is started by Newsom from afar: "San Francisco Mayor Gavin Newsom launched a program Tuesday evening encouraging San Franciscans to give back to the city through volunteerism, but also managed to fit in a simultaneous schmooze session with high profile dignitaries in Los Angeles.
Using the power of technology to endorse the power of giving in San Francisco, Newsom addressed a crowd of about 2,000 at the Bill Graham Civic Auditorium through a video recording he produced earlier in the day."
Using the power of technology to endorse the power of giving in San Francisco, Newsom addressed a crowd of about 2,000 at the Bill Graham Civic Auditorium through a video recording he produced earlier in the day."
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MercuryNews.com | 08/02/2006 | Silicon Valley Community Foundation names first chief
MercuryNews.com | 08/02/2006 | Silicon Valley Community Foundation names first chief: "Silicon Valley Community Foundation names first chief
By Sal Pizarro
Mercury News
Emmett Carson, a prominent African-American philanthropy executive who has led the Minneapolis Foundation since 1994, was named the first chief executive and president of the Silicon Valley Community Foundation.
Carson, 46, served a two-year term as chair of the national Council on Foundations' board of directors that ended this spring. In October, he was named to serve as interim CEO of the Louisiana Disaster Recovery Foundation, a non-profit agency established to accept donations to help victims of hurricanes Katrina and Rita."
By Sal Pizarro
Mercury News
Emmett Carson, a prominent African-American philanthropy executive who has led the Minneapolis Foundation since 1994, was named the first chief executive and president of the Silicon Valley Community Foundation.
Carson, 46, served a two-year term as chair of the national Council on Foundations' board of directors that ended this spring. In October, he was named to serve as interim CEO of the Louisiana Disaster Recovery Foundation, a non-profit agency established to accept donations to help victims of hurricanes Katrina and Rita."
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The Chronicle, 8/3/2006: Voicing Support for Charity
The Chronicle, 8/3/2006: Voicing Support for Charity: "Voicing Support for Charity
When it comes to giving, musicians look toward home
By Michael Anft, Brennen Jensen, and Ian Wilhelm
After Hurricane Katrina swept through the Gulf Coast last summer, scores of New Orleans musicians raised money to help victims of the disaster. While the Crescent City's arts tradition certainly helped spur that outpouring of generosity, the city isn't the only place to benefit from the charitable impulses of musicians."
When it comes to giving, musicians look toward home
By Michael Anft, Brennen Jensen, and Ian Wilhelm
After Hurricane Katrina swept through the Gulf Coast last summer, scores of New Orleans musicians raised money to help victims of the disaster. While the Crescent City's arts tradition certainly helped spur that outpouring of generosity, the city isn't the only place to benefit from the charitable impulses of musicians."
Won't ya' hep me? - Greater Baton Rouge Business Report
Won't ya' hep me? - Greater Baton Rouge Business Report: "Won't ya' hep me?
Sean O'Keefe was brought to LSU for one simple reason: to oversee the university's ambitious $750 million capital campaign. The goal by 2010 is to raise enough money to improve facilities, academic performance and LSU's national ranking.
By Scott Sternberg
Posted: 08.01.06 - 09:36 AM
It started over a thousand miles away from the Parade Ground in a room overlooking Central Park in New York City. James Carville, the famed political strategist who made Bill Clinton our president, exchanged backslaps and laughs with powerful friends and fellow LSU graduates. A small live band provided the score, and free-flowing wine and hors d'oeuvres served to both relax and get the crowd of Wall Street insiders, business leaders and powerful attorneys in a receptive mood."
Sean O'Keefe was brought to LSU for one simple reason: to oversee the university's ambitious $750 million capital campaign. The goal by 2010 is to raise enough money to improve facilities, academic performance and LSU's national ranking.
By Scott Sternberg
Posted: 08.01.06 - 09:36 AM
It started over a thousand miles away from the Parade Ground in a room overlooking Central Park in New York City. James Carville, the famed political strategist who made Bill Clinton our president, exchanged backslaps and laughs with powerful friends and fellow LSU graduates. A small live band provided the score, and free-flowing wine and hors d'oeuvres served to both relax and get the crowd of Wall Street insiders, business leaders and powerful attorneys in a receptive mood."
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Universities' policies on donor confidentiality vary widely
Universities' policies on donor confidentiality vary widely: "Universities' policies on donor confidentiality vary widely
Little-known amendment allows contributors' names to be kept secret
By Ralph K.M. Haurwitz
AMERICAN-STATESMAN STAFF
Wednesday, August 02, 2006
When somebody gives the University of Texas money, the university routinely keeps the donor's name to itself.
By contrast, Texas Tech University, when asked, routinely provides donors' names, unless they have asked for anonymity. Texas A&M University takes yet another approach, asking donors when they make contributions whether they want their names disclosed or kept under wraps."
Little-known amendment allows contributors' names to be kept secret
By Ralph K.M. Haurwitz
AMERICAN-STATESMAN STAFF
Wednesday, August 02, 2006
When somebody gives the University of Texas money, the university routinely keeps the donor's name to itself.
By contrast, Texas Tech University, when asked, routinely provides donors' names, unless they have asked for anonymity. Texas A&M University takes yet another approach, asking donors when they make contributions whether they want their names disclosed or kept under wraps."
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Nike chairman donates $105M to Stanford - Yahoo! News
Nike chairman donates $105M to Stanford - Yahoo! News: "Nike Inc. Chairman Phil Knight pledged $105 million to Stanford University Tuesday in what philanthropy experts said was the largest gift to a business school."
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Richmond.com - Feature Story: 'No Thank-you Notes Needed ' for
Richmond.com - Feature Story: 'No Thank-you Notes Needed ' for: "Eleven-year-old Cole Hodges doesn't receive presents for his birthday - he gives them.
Cole established this tradition on his fifth birthday, when his friend's younger sister had cancer. Cole wanted to give the girl his birthday presents and his mom suggested that he donate money to the family instead.
As March 13 rolled around, Cole asked for money instead of presents and raised $121. For Cole, this was not a one-time deal. Every year since, Cole has picked a different organization to donate his birthday money to.
'I feel good about doing it,' Cole said, describing the birthday tradition that has become commonplace. 'Since I've been doing it for more than half my life now, it doesn't seem like anything really big to me.'"
Cole established this tradition on his fifth birthday, when his friend's younger sister had cancer. Cole wanted to give the girl his birthday presents and his mom suggested that he donate money to the family instead.
As March 13 rolled around, Cole asked for money instead of presents and raised $121. For Cole, this was not a one-time deal. Every year since, Cole has picked a different organization to donate his birthday money to.
'I feel good about doing it,' Cole said, describing the birthday tradition that has become commonplace. 'Since I've been doing it for more than half my life now, it doesn't seem like anything really big to me.'"
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MercuryNews.com | 08/02/2006 | Pizarro: ID of Mr. or Ms. X gets revealed today
MercuryNews.com | 08/02/2006 | Pizarro: ID of Mr. or Ms. X gets revealed today: "Pizarro: ID of Mr. or Ms. X gets revealed today
By Sal Pizarro
Mercury News
Silicon Valley Community Foundation, the new entity created by the merger of two Bay Area philanthropy giants, will take its next big step today when it introduces its first chief executive officer.
The identity of the new CEO, who will essentially replace longtime Community Foundation Silicon Valley leader Peter Hero and Peninsula Community Foundation interim CEO Vera Bennett, has been closely guarded and even potential candidates have been tight-lipped since word of the merger broke in the spring."
By Sal Pizarro
Mercury News
Silicon Valley Community Foundation, the new entity created by the merger of two Bay Area philanthropy giants, will take its next big step today when it introduces its first chief executive officer.
The identity of the new CEO, who will essentially replace longtime Community Foundation Silicon Valley leader Peter Hero and Peninsula Community Foundation interim CEO Vera Bennett, has been closely guarded and even potential candidates have been tight-lipped since word of the merger broke in the spring."
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Tuesday, August 01, 2006
The NonProfit Times - "Breaking News: Salamon/Foundation Center Deal Dead
The NonProfit Times - The Leading Business Publication For Nonprofit Management - Weekly: "Breaking News: Salamon/Foundation Center Deal Dead
By Paul Clolery
A deal that would have launched a new center for civil society at the Foundation Center in New York City headed by respected academic and researcher Lester Salamon is dead.
Salamon will remain at Johns Hopkins University in Baltimore running its Center for Civil Society Studies. The plan for the new Alexis Institute for Civil Society and Philanthropy is being reconfigured, said Sara L. Engelhardt, president of The Foundation Center.
Announced with great fanfare just this past May, the plan was to move Salamon and his staff from Johns Hopkins to New York City and raise $10 million for the Alexis Institute. In comparison, the dissolution was quietly made public via a one-paragraph joint statement.
“We discovered that we had different interpretations of some very crucial terms,” said Salamon."
By Paul Clolery
A deal that would have launched a new center for civil society at the Foundation Center in New York City headed by respected academic and researcher Lester Salamon is dead.
Salamon will remain at Johns Hopkins University in Baltimore running its Center for Civil Society Studies. The plan for the new Alexis Institute for Civil Society and Philanthropy is being reconfigured, said Sara L. Engelhardt, president of The Foundation Center.
Announced with great fanfare just this past May, the plan was to move Salamon and his staff from Johns Hopkins to New York City and raise $10 million for the Alexis Institute. In comparison, the dissolution was quietly made public via a one-paragraph joint statement.
“We discovered that we had different interpretations of some very crucial terms,” said Salamon."
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The Chronicle, 7/31/2006: House Passes Charitable-Giving Legislation
The Chronicle, 7/31/2006: House Passes Charitable-Giving Legislation: "House Passes Charitable-Giving Legislation
By Elizabeth Schwinn
Washington
The House of Representatives on Friday passed several measures designed to stimulate charitable giving and curb abuses of tax laws by donors and nonprofit organizations. The provisions were included in legislation that would tighten rules that protect America's private pension system.
Among the provisions included in the House bill: Donors would be allowed to withdraw up to $100,000 from their individual retirement accounts tax-free if they gave the money directly to charity. The tax break, which would be available for two years under the legislation, has long been a priority for charitable groups. They say that making it easier for people to donate their retirement funds to charities could cause a significant amount of money to flow to charity."
By Elizabeth Schwinn
Washington
The House of Representatives on Friday passed several measures designed to stimulate charitable giving and curb abuses of tax laws by donors and nonprofit organizations. The provisions were included in legislation that would tighten rules that protect America's private pension system.
Among the provisions included in the House bill: Donors would be allowed to withdraw up to $100,000 from their individual retirement accounts tax-free if they gave the money directly to charity. The tax break, which would be available for two years under the legislation, has long been a priority for charitable groups. They say that making it easier for people to donate their retirement funds to charities could cause a significant amount of money to flow to charity."
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New Orleans CityBusiness -- The Business Newspaper of Metropolitan New Orleans-Nonprofits work to make own money
New Orleans CityBusiness -- The Business Newspaper of Metropolitan New Orleans: "Nonprofits work to make own money
by April Capochino
07/31/2006
Business partners Briann Shear, left, and Kelli Mascaro began baking and selling Blue Roof Cookies to make up for lost business after Hurricane Katrina. The women co-own Shear Grafix LLC, a graphic design business in Harahan. (Photo by Frank Aymami)
Business partners Briann Shear, left, and Kelli Mascaro began baking and selling Blue Roof Cookies to make up for lost business after Hurricane Katrina. The women co-own Shear Grafix LLC, a graphic design business in Harahan. (Photo by Frank Aymami)
For Briann Shear and her business partner Kelli Mascaro, creating “Blue Roof Cookies” shortly after Hurricane Katrina was a way to stay busy, raise money to rebuild the community and make each other laugh.
The two co-own Shear Grafix, a graphic design business in Harahan where business fell off post-Katrina."
by April Capochino
07/31/2006
Business partners Briann Shear, left, and Kelli Mascaro began baking and selling Blue Roof Cookies to make up for lost business after Hurricane Katrina. The women co-own Shear Grafix LLC, a graphic design business in Harahan. (Photo by Frank Aymami)
Business partners Briann Shear, left, and Kelli Mascaro began baking and selling Blue Roof Cookies to make up for lost business after Hurricane Katrina. The women co-own Shear Grafix LLC, a graphic design business in Harahan. (Photo by Frank Aymami)
For Briann Shear and her business partner Kelli Mascaro, creating “Blue Roof Cookies” shortly after Hurricane Katrina was a way to stay busy, raise money to rebuild the community and make each other laugh.
The two co-own Shear Grafix, a graphic design business in Harahan where business fell off post-Katrina."
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Fax Advertising: What You Need to Know
A related article from the AFP website FCC Adopts Rules to Implement Junk Fax Prevention Act
Fax Advertising: What You Need to Know: "Background
In April 2006, the Federal Communications Commission (FCC) implemented changes to the facsimile (fax) advertising rules of the Telephone Consumer Protection Act of 1991 (TCPA). The new rules: (1) codify an established business relationship (EBR) exemption to the prohibition on sending unsolicited fax advertisements; (2) define EBR as used in the context of unsolicited fax advertisements; (3) require the sender of fax advertisements to provide specified notice and contact information on the fax that allows recipients to “opt-out” of any future transmissions from the sender; and (4) specify the circumstances under which a request to “opt-out” complies with the Act. The new rules take effect on August 1, 2006."
Fax Advertising: What You Need to Know: "Background
In April 2006, the Federal Communications Commission (FCC) implemented changes to the facsimile (fax) advertising rules of the Telephone Consumer Protection Act of 1991 (TCPA). The new rules: (1) codify an established business relationship (EBR) exemption to the prohibition on sending unsolicited fax advertisements; (2) define EBR as used in the context of unsolicited fax advertisements; (3) require the sender of fax advertisements to provide specified notice and contact information on the fax that allows recipients to “opt-out” of any future transmissions from the sender; and (4) specify the circumstances under which a request to “opt-out” complies with the Act. The new rules take effect on August 1, 2006."
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Monday, July 31, 2006
Solicitations for worthy causes becoming too much of good thing
Solicitations for worthy causes becoming too much of good thing: "Solicitations for worthy causes becoming too much of good thing
Monday, July 31, 2006
Checkout-lane charity requests
Remember when the biggest decision customers faced in the supermarket checkout was: Paper or plastic?"
Monday, July 31, 2006
Checkout-lane charity requests
Remember when the biggest decision customers faced in the supermarket checkout was: Paper or plastic?"
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Portrait of a tycoon as driven benefactor - Business - International Herald Tribune
Portrait of a tycoon as driven benefactor - Business - International Herald Tribune: "t takes a singular sense of purpose to turn a lone Michigan pizza joint into a multibillion-dollar global brand. Yet the founder of Domino's Pizza, Thomas Monaghan, certainly had it more than four decades ago, when he bought his first restaurant in Ypsilanti, Michigan, near Detroit - and he has brought that same sense of mission to the task of giving his pizza fortune away.
Since netting about $1 billion from the 1998 sale of Domino's to Bain Capital, Monaghan, 69, has become one of the leading U.S. philanthropists and the biggest benefactor of conservative Roman Catholic institutions.
In the past eight years, his Ave Maria Foundation, based in Ann Arbor, Michigan, has donated $140 million to promote conservative Catholic education, media and other organizations, including Detroit-area parochial grade schools, a law school and small regional colleges in Michigan and Nicaragua, along with radio stations and a fellowship group for Catholic business leaders."
Since netting about $1 billion from the 1998 sale of Domino's to Bain Capital, Monaghan, 69, has become one of the leading U.S. philanthropists and the biggest benefactor of conservative Roman Catholic institutions.
In the past eight years, his Ave Maria Foundation, based in Ann Arbor, Michigan, has donated $140 million to promote conservative Catholic education, media and other organizations, including Detroit-area parochial grade schools, a law school and small regional colleges in Michigan and Nicaragua, along with radio stations and a fellowship group for Catholic business leaders."
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International Charities Attract Donations Through Internet
International Charities Attract Donations Through Internet: "International Charities Attract Donations Through Internet
Americans increasingly open their wallets for overseas causes
Overseas giving by Americans is on the rise, charities say, as people focus on the plights of victims of military conflicts and natural disasters in other countries and as fund-raisers use the power of the Internet.
While less than 1 percent of Americans donate money internationally, said Heather Simpson, an executive director of the Atlanta-based humanitarian organization CARE USA, there has been 'an awakening of the U.S. population to global issues and what they can do to make a difference.'"
Americans increasingly open their wallets for overseas causes
Overseas giving by Americans is on the rise, charities say, as people focus on the plights of victims of military conflicts and natural disasters in other countries and as fund-raisers use the power of the Internet.
While less than 1 percent of Americans donate money internationally, said Heather Simpson, an executive director of the Atlanta-based humanitarian organization CARE USA, there has been 'an awakening of the U.S. population to global issues and what they can do to make a difference.'"
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Philadelphia Inquirer | 07/30/2006 | For boomers, not-so-great expectations of a windfall
Philadelphia Inquirer | 07/30/2006 | For boomers, not-so-great expectations of a windfall: "For boomers, not-so-great expectations of a windfall
By Rita Giordano and Lini S. Kadaba
Inquirer Staff Writers
Remember those headlines of the 1990s that suggested baby boomers would reap a mega-windfall of trillions of dollars - one of the largest intergenerational transfers of wealth in history?
As many are learning, it's not quite panning out that way.
A recent AARP study based on 2004 federal data has found that nearly 81 percent of boomers - the oldest of whom are turning 60 this year - have yet to receive an inheritance, and less than 15 percent expect to ever get one, down from more than 27 percent in 1989."
By Rita Giordano and Lini S. Kadaba
Inquirer Staff Writers
Remember those headlines of the 1990s that suggested baby boomers would reap a mega-windfall of trillions of dollars - one of the largest intergenerational transfers of wealth in history?
As many are learning, it's not quite panning out that way.
A recent AARP study based on 2004 federal data has found that nearly 81 percent of boomers - the oldest of whom are turning 60 this year - have yet to receive an inheritance, and less than 15 percent expect to ever get one, down from more than 27 percent in 1989."
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