The Chronicle, 9/22/2006: Pledges at Clinton Gathering Reach $7-Billion: "ledges at Clinton Gathering Reach $7-Billion
By Ian Wilhelm
New York
Political, corporate, and nonprofit leaders pledged more than $7-billion in business investments, charitable donations, and other commitments as part of a conference here organized by former President Bill Clinton on ways to fix global problems.
The event, which gathered about 1,000 world leaders, business executives, charity officials, and the occasional Hollywood celebrity, requires participants to make a commitment, usually monetary, to fight endemic poverty, religious strife, or other social ills."
Friday, September 22, 2006
The Super-Rich Get Richer: Forbes 400 Are All Billionaires - washingtonpost.com
The Super-Rich Get Richer: Forbes 400 Are All Billionaires - washingtonpost.com: "he Super-Rich Get Richer: Forbes 400 Are All Billionaires
By Frank Ahrens
Washington Post Staff Writer
Friday, September 22, 2006; Page A01
It's not news that Bill Gates is the richest person in America, according to Forbes magazine's annual list of the nation's 400 richest people, released yesterday. He has been for 13 years. Barring a second Stone Age in which computers are good only for hurling at other cavemen, Gates will always be rich.
The news is: On this list, $999 million is chump change."
By Frank Ahrens
Washington Post Staff Writer
Friday, September 22, 2006; Page A01
It's not news that Bill Gates is the richest person in America, according to Forbes magazine's annual list of the nation's 400 richest people, released yesterday. He has been for 13 years. Barring a second Stone Age in which computers are good only for hurling at other cavemen, Gates will always be rich.
The news is: On this list, $999 million is chump change."
News onPhilanthropy: Philanthropy at the Polls
News onPhilanthropy: Philanthropy at the Polls: "Philanthropy at the Polls
Any major gathering headed by a still-active former President is going to have its political side, and the Clinton Global Initiative is no exception. Although Bill Clinton clearly takes pains to frame this conference - and many of his activities - as post-electoral, the same can't be said of the attendees, whether they're from the United States or elsewhere.
Even as they discuss philanthropy as a change agent in partnership with business and government, many of the attendees as also keenly aware of their own political future; that said, the wide-ranging nature of the CGI (this is far from a Democratic Party outlet) creates some interesting moments. Here are a few"
Any major gathering headed by a still-active former President is going to have its political side, and the Clinton Global Initiative is no exception. Although Bill Clinton clearly takes pains to frame this conference - and many of his activities - as post-electoral, the same can't be said of the attendees, whether they're from the United States or elsewhere.
Even as they discuss philanthropy as a change agent in partnership with business and government, many of the attendees as also keenly aware of their own political future; that said, the wide-ranging nature of the CGI (this is far from a Democratic Party outlet) creates some interesting moments. Here are a few"
Forbes 400 Richest Americans: Special Edition - Yahoo! Finance
Forbes 400 Richest Americans: Special Edition - Yahoo! Finance: "The Billionaires' Club
Edited by Matthew Miller and Tatiana Serafin
Forbes.com
A nine-figure fortune won't get you much mention these days, at least not in these pages. This year, for the first time, everyone on The Forbes 400 has at least $1 billion. The collective net worth of the nation's wealthiest climbed $120 billion, to $1.25 trillion.
Surging real estate, oil and other asset prices paved the way for 28 new members. Developer John P. Manning used political savvy to build a $1.1 billion fortune, in part by brokering low-income housing projects.
Chesapeake Energy founders Aubrey McClendon and Tom L. Ward are two of the oil fortunes added to the list. Pouring 40 million caffeinated drinks a week landed Starbucks honcho Howard Schultz on our list of America's 400 richest."
Edited by Matthew Miller and Tatiana Serafin
Forbes.com
A nine-figure fortune won't get you much mention these days, at least not in these pages. This year, for the first time, everyone on The Forbes 400 has at least $1 billion. The collective net worth of the nation's wealthiest climbed $120 billion, to $1.25 trillion.
Surging real estate, oil and other asset prices paved the way for 28 new members. Developer John P. Manning used political savvy to build a $1.1 billion fortune, in part by brokering low-income housing projects.
Chesapeake Energy founders Aubrey McClendon and Tom L. Ward are two of the oil fortunes added to the list. Pouring 40 million caffeinated drinks a week landed Starbucks honcho Howard Schultz on our list of America's 400 richest."
He's The Financier Who Fathered Philanthropy - Yahoo! News
He's The Financier Who Fathered Philanthropy - Yahoo! News:
snip snip>>>
"After he made it big financially, Peabody gave away much of his fortune to help others and establish several museums. He's considered the father of modern philanthropy, giving away more than $8 million.
Peabody spent much of his childhood helping on his father's farm and had just four or five years of formal schooling."
snip snip>>>
"After he made it big financially, Peabody gave away much of his fortune to help others and establish several museums. He's considered the father of modern philanthropy, giving away more than $8 million.
Peabody spent much of his childhood helping on his father's farm and had just four or five years of formal schooling."
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Thursday, September 21, 2006
News onPhilanthropy: Thinkin' About Tomorrow
News onPhilanthropy: Thinkin' About Tomorrow: "Thinkin' About Tomorrow
It's dangerous to get into the predictions business, but here at the Clinton Global Initiative I can't help thinking about future university courses in philanthropy, and what they'll be teaching about the way it all changed in the first decade of the 21st century. For all the hype about the new millennium, the dawning of 2000 has faded in memory with little more than a sigh of relief that Y2K wasn't a worldwide disaster. In reality, though, we've witnessed major transformations in what we think of as philanthropy as this decade has unfolded. And when they get into the business of writing textbooks on the topic, I would imagine the Clinton Global Initiative will require several chapters, if not volumes."
It's dangerous to get into the predictions business, but here at the Clinton Global Initiative I can't help thinking about future university courses in philanthropy, and what they'll be teaching about the way it all changed in the first decade of the 21st century. For all the hype about the new millennium, the dawning of 2000 has faded in memory with little more than a sigh of relief that Y2K wasn't a worldwide disaster. In reality, though, we've witnessed major transformations in what we think of as philanthropy as this decade has unfolded. And when they get into the business of writing textbooks on the topic, I would imagine the Clinton Global Initiative will require several chapters, if not volumes."
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By Lincoln Caplan - Slate Magazine-Premium BlendIs Google.org the future of philanthropy?
By Lincoln Caplan - Slate Magazine: "Premium BlendIs Google.org the future of philanthropy?
By Lincoln Caplan
Posted Thursday, Sept. 21, 2006, at 7:48 AM ET
Spend some time listening to leading philanthropists and you might think they were business executives. The talk is of investments, rather than grants or donations, and of how to measure their performance. The foundations and nonprofits these philanthropists support are increasingly using tools of the market to help solve the problems of society. Google's decision to do much of its philanthropy through a for-profit company called Google.org, which the mother company has seeded with about $1 billion, is a theatrical step in this direction—and has the potential to solve a major problem for philanthropy."
By Lincoln Caplan
Posted Thursday, Sept. 21, 2006, at 7:48 AM ET
Spend some time listening to leading philanthropists and you might think they were business executives. The talk is of investments, rather than grants or donations, and of how to measure their performance. The foundations and nonprofits these philanthropists support are increasingly using tools of the market to help solve the problems of society. Google's decision to do much of its philanthropy through a for-profit company called Google.org, which the mother company has seeded with about $1 billion, is a theatrical step in this direction—and has the potential to solve a major problem for philanthropy."
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New York Daily News - World & National Report - Donors give 1B in Bubba bucks
New York Daily News - World & National Report - Donors give 1B in Bubba bucks: "Donors give 1B in Bubba bucks
BY PAUL H.B. SHIN
DAILY NEWS STAFF WRITER
Former President Bill Clinton rallied his coalition of the giving once again, persuading corporate honchos, philanthropists, do-gooders and even the U.S. government to ante up at least $1 billion to tackle some of the world's most stubborn problems.
The Clinton Global Initiative, which was on track to match the $2.5 billion raised during its inaugural gathering last year, kicked off a three-day conference yesterday with a $10 million pledge of government funds from First Lady Laura Bush to fund a project designed to provide clean drinking water for millions of Africans by 2010."
BY PAUL H.B. SHIN
DAILY NEWS STAFF WRITER
Former President Bill Clinton rallied his coalition of the giving once again, persuading corporate honchos, philanthropists, do-gooders and even the U.S. government to ante up at least $1 billion to tackle some of the world's most stubborn problems.
The Clinton Global Initiative, which was on track to match the $2.5 billion raised during its inaugural gathering last year, kicked off a three-day conference yesterday with a $10 million pledge of government funds from First Lady Laura Bush to fund a project designed to provide clean drinking water for millions of Africans by 2010."
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Wednesday, September 20, 2006
Harvard's endowment up to $29.2 billion - Boston.com
Harvard's endowment up to $29.2 billion - Boston.com: "Harvard's endowment up to $29.2 billion
By Melissa Trujillo, Associated Press Writer | September 19, 2006
BOSTON --Harvard University said Tuesday its endowment rose by 16.7 percent to $29.2 billion in its latest fiscal year, extending its longtime growth despite recent changes in management."
By Melissa Trujillo, Associated Press Writer | September 19, 2006
BOSTON --Harvard University said Tuesday its endowment rose by 16.7 percent to $29.2 billion in its latest fiscal year, extending its longtime growth despite recent changes in management."
Harvard's endowment up to $29.2 billion - Boston.com
Harvard's endowment up to $29.2 billion - Boston.com: "Harvard's endowment up to $29.2 billion
By Melissa Trujillo, Associated Press Writer | September 19, 2006
BOSTON --Harvard University said Tuesday its endowment rose by 16.7 percent to $29.2 billion in its latest fiscal year, extending its longtime growth despite recent changes in management."
By Melissa Trujillo, Associated Press Writer | September 19, 2006
BOSTON --Harvard University said Tuesday its endowment rose by 16.7 percent to $29.2 billion in its latest fiscal year, extending its longtime growth despite recent changes in management."
Alum gives Syracuse money for students - Newsday.com
Alum gives Syracuse money for students - Newsday.com: "Alum gives Syracuse money for students
September 14, 2006, 5:03 PM EDT
SYRACUSE, N.Y. (AP) _ The estate of the former chairman and CEO of Bristol-Myers Co. donated $26.5 million to Syracuse University _ the largest gift ever given to the school for student scholarship support, officials said Thursday.
The money was given by the estate of the late Frederic N. Schwartz, a 1931 graduate of Syracuse's College of Arts and Sciences. "
September 14, 2006, 5:03 PM EDT
SYRACUSE, N.Y. (AP) _ The estate of the former chairman and CEO of Bristol-Myers Co. donated $26.5 million to Syracuse University _ the largest gift ever given to the school for student scholarship support, officials said Thursday.
The money was given by the estate of the late Frederic N. Schwartz, a 1931 graduate of Syracuse's College of Arts and Sciences. "
Corporate Giving: Philanthropy Journal Special Report
Corporate Giving: Philanthropy Journal Special Report: "Corporate philanthropy has become strategic.
In this special report, PJ examines how companies are integrating their giving, volunteerism and marketing, and aligning their philanthropy with their business."
In this special report, PJ examines how companies are integrating their giving, volunteerism and marketing, and aligning their philanthropy with their business."
Becoming Fearless | Sherry Lansing: A Season for Everything | The Huffington Post
Becoming Fearless | Sherry Lansing: A Season for Everything | The Huffington Post:
snip snip>>
"Somewhere in my midfifties I realized that I was seeing a line of sorts -- and that line was sixty. So, with sixty looming, I did it. It just felt right. I knew it was the right time, and so I retired from the entertainment business and committed myself to a career in philanthropy. I formed my own foundation dedicated to cancer research and education. I serve on the board of the Carter Center and the California Institute for Regenerative Medicine, which disburses $3 billion in funds for stem cell research. I am a regent of the University of California and chair of its Health Services Committee. With my partner, Civic Ventures, I'm starting a movement, Primetime, for those sixty and older to retire and give something back to the community. The funny thing is that I'm busier than I've ever been."
snip snip>>
"Somewhere in my midfifties I realized that I was seeing a line of sorts -- and that line was sixty. So, with sixty looming, I did it. It just felt right. I knew it was the right time, and so I retired from the entertainment business and committed myself to a career in philanthropy. I formed my own foundation dedicated to cancer research and education. I serve on the board of the Carter Center and the California Institute for Regenerative Medicine, which disburses $3 billion in funds for stem cell research. I am a regent of the University of California and chair of its Health Services Committee. With my partner, Civic Ventures, I'm starting a movement, Primetime, for those sixty and older to retire and give something back to the community. The funny thing is that I'm busier than I've ever been."
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FT.com / Comment & analysis / Comment - The serious business of philanthropy
FT.com / Comment & analysis / Comment - The serious business of philanthropy: "The serious business of philanthropy
By Charles Handy
Published: September 19 2006 19:49 | Last updated: September 19 2006 19:49
Adam Smith famously argued that the pursuit of self-interest in a free market would benefit all in society. What is less well remembered is that he also said sympathy, by which he meant a concern for one’s fellows, was essential for the cohesion and stability of that society. Business eagerly embraced the self-interest part of the equation, leaving sympathy for others to deal with. In the long run that has undermined the spirit of capitalism, which many see as an invitation to selfishness on the part of companies and individuals. Altruism and capitalism seemed unlikely bedfellows."
By Charles Handy
Published: September 19 2006 19:49 | Last updated: September 19 2006 19:49
Adam Smith famously argued that the pursuit of self-interest in a free market would benefit all in society. What is less well remembered is that he also said sympathy, by which he meant a concern for one’s fellows, was essential for the cohesion and stability of that society. Business eagerly embraced the self-interest part of the equation, leaving sympathy for others to deal with. In the long run that has undermined the spirit of capitalism, which many see as an invitation to selfishness on the part of companies and individuals. Altruism and capitalism seemed unlikely bedfellows."
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Tuesday, September 19, 2006
Civic Involvement Tied to Education - washingtonpost.com
Civic Involvement Tied to Education - washingtonpost.com: "Civic Involvement Tied to Education
High School Dropouts Unlikely to Vote
By Amy Goldstein
Washington Post Staff Writer
Tuesday, September 19, 2006; Page A19
High school dropouts are significantly less likely than better-educated Americans to vote, trust government, do volunteer work, or go to church, according to a new report that reveals a widening gap in 'civic health' between the nation's upper and lower classes."
High School Dropouts Unlikely to Vote
By Amy Goldstein
Washington Post Staff Writer
Tuesday, September 19, 2006; Page A19
High school dropouts are significantly less likely than better-educated Americans to vote, trust government, do volunteer work, or go to church, according to a new report that reveals a widening gap in 'civic health' between the nation's upper and lower classes."
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$10 million donor to Boston's Museum of Fine Arts drops his anonymity in effort to inspire more donors - The Boston Globe
$10 million donor to Boston's Museum of Fine Arts drops his anonymity in effort to inspire more donors - The Boston Globe: "$10m donor to MFA drops his anonymity
Boost seen for fund-raising
By Geoff Edgers, Globe Staff | September 19, 2006
The Museum of Fine Arts announced yesterday that George D. Behrakis, with a gift of more than $10 million, has become the biggest identified contributor yet to the MFA's planned $500 million expansion campaign."
Boost seen for fund-raising
By Geoff Edgers, Globe Staff | September 19, 2006
The Museum of Fine Arts announced yesterday that George D. Behrakis, with a gift of more than $10 million, has become the biggest identified contributor yet to the MFA's planned $500 million expansion campaign."
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COF - Council on Foundations - Council - Council on Foundations Calls for “Revolutionary Philanthropy”
PRESS RELEASE
COF - Council on Foundations - Council - Council on Foundations Calls for “Revolutionary Philanthropy”: "Council on Foundations Calls for “Revolutionary Philanthropy”
Date: September 18, 2006
Jeff Martin
Director, Media Relations
202/467-0265
jeff.martin@cof.org
Council on Foundations
Washington , DC
Speaking to the largest assembly of community foundation leaders in America, Council on Foundations President and CEO Steve Gunderson today called for America's philanthropists, both modest and affluent, to promote the role of their community foundations as catalysts for strong communities.
Gunderson urged attendees at the annual community foundation fall conference in Boston to join the Council in a 'town-by-town, county-by-county campaign to education members of the House and Senate not just about our institutions, but about philanthropy the movement."
COF - Council on Foundations - Council - Council on Foundations Calls for “Revolutionary Philanthropy”: "Council on Foundations Calls for “Revolutionary Philanthropy”
Date: September 18, 2006
Jeff Martin
Director, Media Relations
202/467-0265
jeff.martin@cof.org
Council on Foundations
Washington , DC
Speaking to the largest assembly of community foundation leaders in America, Council on Foundations President and CEO Steve Gunderson today called for America's philanthropists, both modest and affluent, to promote the role of their community foundations as catalysts for strong communities.
Gunderson urged attendees at the annual community foundation fall conference in Boston to join the Council in a 'town-by-town, county-by-county campaign to education members of the House and Senate not just about our institutions, but about philanthropy the movement."
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Monday, September 18, 2006
The Daily Journal-Will ordinary altruism be enough for Gen Y?
The Daily Journal: "Will ordinary altruism be enough for Gen Y?
Health insurance deductibles. Tuition. Gasoline. Road tolls. As the 1980s laundry detergent ad lamented, 'Calgon, take me away!'
The problem is, even Calgon will dent a pocketbook these days: 20 cents per ounce compared with four cents for Borax and five for Arm & Hammer. Who knew it cost so much to spell relief?
America's young know. While economic indicators show stability, they are rightfully watchful. Reports on Social Security and the War on Terror may sound like mere news bites to most, but ring a loud cha-ching to Generation Y. Off their checks will such debts be paid, worthy as they are, for many years to come."
Health insurance deductibles. Tuition. Gasoline. Road tolls. As the 1980s laundry detergent ad lamented, 'Calgon, take me away!'
The problem is, even Calgon will dent a pocketbook these days: 20 cents per ounce compared with four cents for Borax and five for Arm & Hammer. Who knew it cost so much to spell relief?
America's young know. While economic indicators show stability, they are rightfully watchful. Reports on Social Security and the War on Terror may sound like mere news bites to most, but ring a loud cha-ching to Generation Y. Off their checks will such debts be paid, worthy as they are, for many years to come."
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Need for house gutting seems endless in N.O.
Need for house gutting seems endless in N.O.: "Need for house gutting seems endless in N.O.
Nonprofits taxed by a shortage of labor
Monday, September 18, 2006
By Valerie Faciane
The telephone at New Orleans ACORN has been ringing off the hook.
Stephen Bradberry, head organizer of the nonprofit community service agency, said his office has received about 1,000 requests for the free house-gutting service offered by ACORN since he went on the radio in late August to talk about the program. The thousand requests are on top of the 1,000 or so homes that were already on the organization's waiting list for gutting -- a full year's work, Bradberry said -- with applications still being accepted."
Nonprofits taxed by a shortage of labor
Monday, September 18, 2006
By Valerie Faciane
The telephone at New Orleans ACORN has been ringing off the hook.
Stephen Bradberry, head organizer of the nonprofit community service agency, said his office has received about 1,000 requests for the free house-gutting service offered by ACORN since he went on the radio in late August to talk about the program. The thousand requests are on top of the 1,000 or so homes that were already on the organization's waiting list for gutting -- a full year's work, Bradberry said -- with applications still being accepted."
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Charity Village® Research: Think a nonprofit fundraising job is just asking for money? Think again!
Charity Village® Research: Think a nonprofit fundraising job is just asking for money? Think again!: "Think a nonprofit fundraising job is just asking for money? Think again!
By Matthew Hugg
September 18, 2006
“I can’t ask for money.”
How many times have I heard that? With those simple words, thousands of people each day take themselves out of a career that could easily be one of the most rewarding, interesting, and passionate experiences of their life.
To be sure, not everyone is cut out to be what is known in professional circles as a 'development officer'. But what they don’t know, and what most development officers find out the hard way, is that a ridiculously small percentage of their time is spent actually making 'the ask'. In fact, if you do your job right, the person or organization is so enthusiastic about your mission that it is not as much a request for funds as it is their offer to help a critical mission."
By Matthew Hugg
September 18, 2006
“I can’t ask for money.”
How many times have I heard that? With those simple words, thousands of people each day take themselves out of a career that could easily be one of the most rewarding, interesting, and passionate experiences of their life.
To be sure, not everyone is cut out to be what is known in professional circles as a 'development officer'. But what they don’t know, and what most development officers find out the hard way, is that a ridiculously small percentage of their time is spent actually making 'the ask'. In fact, if you do your job right, the person or organization is so enthusiastic about your mission that it is not as much a request for funds as it is their offer to help a critical mission."
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Inside Clinton's annual meeting: Financial News - Yahoo! Finance
Inside Clinton's annual meeting: Financial News - Yahoo! Finance: "Fortune
Inside Clinton's annual meeting
Monday September 18, 5:46 am ET
By Bethany McLean, Fortune editor-at-large
By far the glossiest, most glamorous part of the Clinton Foundation is an offshoot called the Clinton Global Initiative, a celebrity and CEO-studded conference held in New York City each September. This year's event, Sept. 20 to 22, will be the second CGI, and it's expected to draw some 1,000 eminences, ranging from executives (Rupert Murdoch, Josef Ackermann) to activists (Carl Pope of the Sierra Club) to governmental types (Jacques Chirac, Laura Bush, and most likely Hank Paulson, whose wife, Wendy, went to college with Hillary Clinton)."
Inside Clinton's annual meeting
Monday September 18, 5:46 am ET
By Bethany McLean, Fortune editor-at-large
By far the glossiest, most glamorous part of the Clinton Foundation is an offshoot called the Clinton Global Initiative, a celebrity and CEO-studded conference held in New York City each September. This year's event, Sept. 20 to 22, will be the second CGI, and it's expected to draw some 1,000 eminences, ranging from executives (Rupert Murdoch, Josef Ackermann) to activists (Carl Pope of the Sierra Club) to governmental types (Jacques Chirac, Laura Bush, and most likely Hank Paulson, whose wife, Wendy, went to college with Hillary Clinton)."
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