Just a note that postings may be somewhat less frequent but will continue during my vacation.
Reed
Thanks for your continued patronage.
Friday, June 29, 2007
Jean Chatzky: Make your good deed count for more - Jun. 28, 2007
Jean Chatzky: Make your good deed count for more - Jun. 28, 2007: "Make your good deed count for more
Want to have the most impact with your donations or your time? Pick a cause and stick with it.
Money Magazine
By Jean Chatzky, Money Magazine editor at large
June 28 2007: 5:32 AM EDT
(Money Magazine) -- Makeup entrepreneur Bobbi Brown wasn't looking for another charity to support when she was invited to a breakfast for Dress for Success, a group that provides professional clothing for disadvantaged women so they can go on job interviews.
She went because she figured it would be early and quick enough 'not to take a chunk out of my day.' Then she heard DFS founder Nancy Lublin speak about how she'd started the charity with the $5,000 her great-grandfather Poppy Max had left her."
Want to have the most impact with your donations or your time? Pick a cause and stick with it.
Money Magazine
By Jean Chatzky, Money Magazine editor at large
June 28 2007: 5:32 AM EDT
(Money Magazine) -- Makeup entrepreneur Bobbi Brown wasn't looking for another charity to support when she was invited to a breakfast for Dress for Success, a group that provides professional clothing for disadvantaged women so they can go on job interviews.
She went because she figured it would be early and quick enough 'not to take a chunk out of my day.' Then she heard DFS founder Nancy Lublin speak about how she'd started the charity with the $5,000 her great-grandfather Poppy Max had left her."
Bids on Warren Buffett lunch auction for charity disappoint - Jun. 28, 2007
Bids on Warren Buffett lunch auction for charity disappoint - Jun. 28, 2007: "With one day to go, an online charity auction for the right to dine with billionaire Warren Buffett has fetched a top bid of $300,100, less than half of last year's winning bid of $620,100.
The winning bidder may take up to six friends to dine with Buffett at a Manhattan steakhouse owned by Smith & Wollensky Restaurant Group (Charts)."
The winning bidder may take up to six friends to dine with Buffett at a Manhattan steakhouse owned by Smith & Wollensky Restaurant Group (Charts)."
The NonProfit Times - From Watchdog to Watched:
The NonProfit Times - The Leading Business Publication For Nonprofit Management: "he first thing that a long-time observer of the American Red Cross (ARC) notices when it comes to the organization's new chief executive is the lack of an entourage. It was standard procedure for several of Mark Everson's predecessors to travel with four or five staff in tow. Everson has been making the rounds nearly solo during his first days on the job."
BoardSource Welcomes New President and CEO Linda C. Crompton
PRESS RELEASE
BoardSource Welcomes New President and CEO Linda C. Crompton: "The board and staff of BoardSource, the national voice of nonprofit governance, welcome Linda C. Crompton as the new President and CEO. Linda takes the helm on September 1, continuing a tradition of strong leadership for the organization"
BoardSource Welcomes New President and CEO Linda C. Crompton: "The board and staff of BoardSource, the national voice of nonprofit governance, welcome Linda C. Crompton as the new President and CEO. Linda takes the helm on September 1, continuing a tradition of strong leadership for the organization"
Nonprofits asked to work together - Examiner.com
Nonprofits asked to work together - Examiner.com: "BALTIMORE (Map, News) - For nonprofits to get money from Annapolis, two organizations working together is better than one.
That was the message to about a dozen Annapolis-based nonprofits attending a forum Thursday sponsored by the city that emphasized teamwork and better communication with elected officials."
That was the message to about a dozen Annapolis-based nonprofits attending a forum Thursday sponsored by the city that emphasized teamwork and better communication with elected officials."
Rollins College - Philanthropy & Nonprofit Leadership Center Releases First Nonprofit Compensation Survey
Rollins College - Philanthropy & Nonprofit Leadership Center Releases First Nonprofit Compensation Survey: "Survey Shows Important Findings Regarding Nonprofit Executive Positions
The Rollins College Philanthropy and Nonprofit Leadership Center is releasing significant information found during a compensation and benefits survey of local nonprofits. The 2007 Central Florida Nonprofit Compensation and Benefits Survey is the first one of its kind for the nonprofit sector in Central Florida.
One hundred fifty-three eligible nonprofit organizations that employ 9,700 employees completed the survey. Data was complied on over 5,600 individual salaries, which were categorized into 100 job titles. Hundreds of nonprofit organizations rely on accurate data to set salaries and benefits for their employees"
The Rollins College Philanthropy and Nonprofit Leadership Center is releasing significant information found during a compensation and benefits survey of local nonprofits. The 2007 Central Florida Nonprofit Compensation and Benefits Survey is the first one of its kind for the nonprofit sector in Central Florida.
One hundred fifty-three eligible nonprofit organizations that employ 9,700 employees completed the survey. Data was complied on over 5,600 individual salaries, which were categorized into 100 job titles. Hundreds of nonprofit organizations rely on accurate data to set salaries and benefits for their employees"
Thursday, June 28, 2007
Clooney: Cast Raises Millions for Darfur - washingtonpost.com
Clooney: Cast Raises Millions for Darfur - washingtonpost.com: "Clooney: Cast Raises Millions for Darfur
By EDITH M. LEDERER
The Associated Press
Wednesday, June 27, 2007; 1:03 PM
UNITED NATIONS -- 'Ocean's Thirteen' stars have donated $5.5 million to humanitarian efforts in Sudan's Darfur region, according to actor George Clooney.
Clooney told The Associated Press in a telephone interview from Rome that he was joined by Brad Pitt, Matt Damon, Don Cheadle and producer Jerry Weintraub in raising $9.3 million for Darfur, most of which was contributed at a dinner during the film's premiere last month at the Cannes Film Festival."
By EDITH M. LEDERER
The Associated Press
Wednesday, June 27, 2007; 1:03 PM
UNITED NATIONS -- 'Ocean's Thirteen' stars have donated $5.5 million to humanitarian efforts in Sudan's Darfur region, according to actor George Clooney.
Clooney told The Associated Press in a telephone interview from Rome that he was joined by Brad Pitt, Matt Damon, Don Cheadle and producer Jerry Weintraub in raising $9.3 million for Darfur, most of which was contributed at a dinner during the film's premiere last month at the Cannes Film Festival."
Petersburg People’s News » The Phoenix Project's Nonprofit Leadership Program students kick off summer outreach to Petersburg - Petersburg, Virginia
Petersburg People’s News » The Phoenix Project's Nonprofit Leadership Program students kick off summer outreach to Petersburg - Petersburg, Virginia: "This Saturday, thirty students from the Phoenix Project’s Nonprofit Leadership Program will kick off their summer outreach to the community by joining Petersburg’s children for a day of fun and games at the House of Restoration Church at 210 South Market Street, Petersburg, VA.
House of Restoration runs a free program for youth in Petersburg ranging from six to eighteen years of age. Phoenix Project students will spend the afternoon playing games with the children and running various indoor and outdoor activities.
Saturday’s event will be held from 2 p.m. to 6 p.m., and it is the first time that the Phoenix Project will be teaming up with Sonya Brown, who has been running the House of Restoration Community Development Programs for the past eleven years.
“It’s very exciting to be working with the Phoenix Project,” said Brown. “It will be great for the kids to meet these students and enjoy a special day of fun!”"
House of Restoration runs a free program for youth in Petersburg ranging from six to eighteen years of age. Phoenix Project students will spend the afternoon playing games with the children and running various indoor and outdoor activities.
Saturday’s event will be held from 2 p.m. to 6 p.m., and it is the first time that the Phoenix Project will be teaming up with Sonya Brown, who has been running the House of Restoration Community Development Programs for the past eleven years.
“It’s very exciting to be working with the Phoenix Project,” said Brown. “It will be great for the kids to meet these students and enjoy a special day of fun!”"
Memphis Commercial Appeal - Memphis' Source for News and Information: Business
Memphis Commercial Appeal - Memphis' Source for News and Information: Business: "Generosity is a strong trait for Memphians
© Copyright Morningstar, Inc.
By David Flaum
Contact
June 27, 2007
Memphians gave more generously to charity last year than people in other cities, according to a survey of Association of Fundraising Professionals members.
The average increase in giving to groups reported by the 46 members who answered the survey was 12 percent, nearly three times greater than the 4.1 percent national increase noted in the Giving USA report released earlier this week."
© Copyright Morningstar, Inc.
By David Flaum
Contact
June 27, 2007
Memphians gave more generously to charity last year than people in other cities, according to a survey of Association of Fundraising Professionals members.
The average increase in giving to groups reported by the 46 members who answered the survey was 12 percent, nearly three times greater than the 4.1 percent national increase noted in the Giving USA report released earlier this week."
Car-show charity hasn't filed tax forms, IRS says - Nashville, Tennessee - Thursday, 06/28/07 - Tennessean.com
Car-show charity hasn't filed tax forms, IRS says - Nashville, Tennessee - Thursday, 06/28/07 - Tennessean.com: "Car-show charity hasn't filed tax forms, IRS says
Selmer tragedy touches off investigations
By SHEILA WISSNER
Staff Writer
A charity involved in a deadly car show in Selmer is under investigation by the state for failing to register to raise funds and has not filed required forms with the Internal Revenue Service, officials said.
The state Charitable Solicitations and Gaming Division is investigating the group Cars for Kids-Southern Style for failing to register and is asking the charity to stop asking on its Web site for donations to help accident victims, said Todd Kelley, the agency's director."
Selmer tragedy touches off investigations
By SHEILA WISSNER
Staff Writer
A charity involved in a deadly car show in Selmer is under investigation by the state for failing to register to raise funds and has not filed required forms with the Internal Revenue Service, officials said.
The state Charitable Solicitations and Gaming Division is investigating the group Cars for Kids-Southern Style for failing to register and is asking the charity to stop asking on its Web site for donations to help accident victims, said Todd Kelley, the agency's director."
Atlanta's rich become richer in number | ajc.com
Atlanta's rich become richer in number | ajc.com: "Wider world view
Looking at the bigger picture, the World Wealth Report detected some major shifts in attitude and sentiment among the wealthy.
The wealth report said HNWIs became more global in their approach to making money last year, 'driven by awareness of international developments, portfolio performance and risk mitigation.'
But they also have become more sensitive to social issues:
• 'HNWIs are increasing the amount of resources and time they apply to philanthropy, treating their charitable pursuits as investments with social returns.'"
Looking at the bigger picture, the World Wealth Report detected some major shifts in attitude and sentiment among the wealthy.
The wealth report said HNWIs became more global in their approach to making money last year, 'driven by awareness of international developments, portfolio performance and risk mitigation.'
But they also have become more sensitive to social issues:
• 'HNWIs are increasing the amount of resources and time they apply to philanthropy, treating their charitable pursuits as investments with social returns.'"
World's wealthy worth $37.2 trillion: report | Reuters
World's wealthy worth $37.2 trillion: report | Reuters: "NEW YORK (Reuters) - The wealth of the world's rich and super rich surged 11.2 percent to $37.2 trillion last year but the elite group gave less than 1 percent of their net worth to charity, a study released on Wednesday said.
For the first time, the 11th annual World Wealth Report detailed philanthropic giving, and estimated that high net worth individuals turned over $285 billion to charitable causes in 2006. That's equivalent to someone worth $100,000 giving about $766 to charity, or 0.76 percent of their wealth.
The 11th annual report said, however, that rich people -- led by the ultra wealthy -- are increasing the financial resources, time and thought that they donate to charities."
For the first time, the 11th annual World Wealth Report detailed philanthropic giving, and estimated that high net worth individuals turned over $285 billion to charitable causes in 2006. That's equivalent to someone worth $100,000 giving about $766 to charity, or 0.76 percent of their wealth.
The 11th annual report said, however, that rich people -- led by the ultra wealthy -- are increasing the financial resources, time and thought that they donate to charities."
Wednesday, June 27, 2007
Super-rich get wealthier faster | | Guardian Unlimited Business
Super-rich get wealthier faster | | Guardian Unlimited Business: "Super-rich get wealthier faster
Angela Balakrishnan
Wednesday June 27, 2007
Guardian Unlimited
The US billionaire Warren Buffett. Photograph: AP
Warren Buffett, the world's second-richest man, last year donated 85% of the $45bn earned from his lifetime of investments to a foundation established by Microsoft's Bill Gates and his wife Melinda. Photograph: AP
The wealth of the world's super-rich soared last year at the fastest rate for seven years. The rise in riches was accompanied by a surge in charitable giving to $285bn - believed to be a record."
Angela Balakrishnan
Wednesday June 27, 2007
Guardian Unlimited
The US billionaire Warren Buffett. Photograph: AP
Warren Buffett, the world's second-richest man, last year donated 85% of the $45bn earned from his lifetime of investments to a foundation established by Microsoft's Bill Gates and his wife Melinda. Photograph: AP
The wealth of the world's super-rich soared last year at the fastest rate for seven years. The rise in riches was accompanied by a surge in charitable giving to $285bn - believed to be a record."
Channelnewsasia.com-New accounting standards likely to tailor to needs of charities
This story is an example of the stories we follow regularly on the AFP International News Blog.
Channelnewsasia.com: "New accounting standards likely to tailor to needs of charities
By Jasmine Yin, TODAY | Posted: 27 June 2007 0724 hrs
SINGAPORE: Those keeping the books for charities may play by rules that are different from their corporate counterparts, when the new Accounting Standards Council (ASC) gets up and running in September."
Channelnewsasia.com: "New accounting standards likely to tailor to needs of charities
By Jasmine Yin, TODAY | Posted: 27 June 2007 0724 hrs
SINGAPORE: Those keeping the books for charities may play by rules that are different from their corporate counterparts, when the new Accounting Standards Council (ASC) gets up and running in September."
Tuesday, June 26, 2007
delawareonline ¦ The News Journal, Wilmington, Del. ¦ Pa. nonprofits inherit millions from long-dead Civil War vet
delawareonline ¦ The News Journal, Wilmington, Del. ¦ Pa. nonprofits inherit millions from long-dead Civil War vet: "Pa. nonprofits inherit millions from long-dead Civil War vet
Associated Press
Posted Tuesday, June 26, 2007 at 9:01 am
BETHLEHEM, Pa. — The last wishes of a Civil War veteran are being fulfilled almost 80 years after his death, as three nonprofits split a nest egg now worth nearly $10 million.
Authorities had to sort out a complex money trail before awarding the money, some two years after the death of the soldier’s last named beneficiary, a grandchild."
Associated Press
Posted Tuesday, June 26, 2007 at 9:01 am
BETHLEHEM, Pa. — The last wishes of a Civil War veteran are being fulfilled almost 80 years after his death, as three nonprofits split a nest egg now worth nearly $10 million.
Authorities had to sort out a complex money trail before awarding the money, some two years after the death of the soldier’s last named beneficiary, a grandchild."
Bloomberg.com: U.S.-"Buffett Says Wealthy `Making Big Plans' for Charity (Update2)
Bloomberg.com: U.S.: "Buffett Says Wealthy `Making Big Plans' for Charity (Update2)
By Brian Sullivan and Helen Stock
June 25 (Bloomberg) -- Berkshire Hathaway Inc. Chairman Warren Buffett, the billionaire investor who pledged most of his fortune to charity last year, predicted the world will become increasingly philanthropic as the wealthy donate more of their assets.
``I've heard from a lot of people since last year that are making big plans,'' Buffett, 76, said in an interview today about his annual charity auction for the Glide Foundation. ``I know of one fellow that's just been involved in a public offering. I think he's going to be setting up a billion-dollar foundation.''"
By Brian Sullivan and Helen Stock
June 25 (Bloomberg) -- Berkshire Hathaway Inc. Chairman Warren Buffett, the billionaire investor who pledged most of his fortune to charity last year, predicted the world will become increasingly philanthropic as the wealthy donate more of their assets.
``I've heard from a lot of people since last year that are making big plans,'' Buffett, 76, said in an interview today about his annual charity auction for the Glide Foundation. ``I know of one fellow that's just been involved in a public offering. I think he's going to be setting up a billion-dollar foundation.''"
Foundation Lets Public Help Award Money - New York Times
Foundation Lets Public Help Award Money - New York Times: "Foundation Lets Public Help Award Money
By STEPHANIE STROM
Published: June 26, 2007
In a first, a major foundation is offering the public a direct role in deciding who should receive some of its money, a process typically shrouded in mystery.
“We’re looking for new ways forward, and this program is an example of that,” Jean Case said.
The Case Foundation, started by the founder of America Online, Steve Case, and his wife, Jean, is announcing the program today."
By STEPHANIE STROM
Published: June 26, 2007
In a first, a major foundation is offering the public a direct role in deciding who should receive some of its money, a process typically shrouded in mystery.
“We’re looking for new ways forward, and this program is an example of that,” Jean Case said.
The Case Foundation, started by the founder of America Online, Steve Case, and his wife, Jean, is announcing the program today."
Monday, June 25, 2007
Rocky Mountain News Foundation assets rise tenfold in decade
Rocky Mountain News - Denver and Colorado's reliable source for breaking news, sports and entertainment: Other Business: "Foundation assets rise tenfold in decade
By Joanne Kelley, Rocky Mountain News
June 22, 2007
The Denver Foundation's assets topped the half-billion-dollar mark this month, a milestone for the 82-year-old organization, which had less than $50 million in its portfolio a decade ago."
By Joanne Kelley, Rocky Mountain News
June 22, 2007
The Denver Foundation's assets topped the half-billion-dollar mark this month, a milestone for the 82-year-old organization, which had less than $50 million in its portfolio a decade ago."
Kosair Charities giving $19 million
Kosair Charities giving $19 million: "Kosair Charities giving $19 million
Record amount will aid 85 groups
By Sheldon S. Shafer
sshafer@courier-journal.com
The Courier-Journal
A center to help children learn to live with Down syndrome, more rooms at the Ronald McDonald House for parents of hospitalized youngsters and a day-care center for disabled kids.
Those projects are sponsored by three of the 85 nonprofit groups that Kosair Charities will give a total of $19.17 million -- a record one-year amount for the charity."
Record amount will aid 85 groups
By Sheldon S. Shafer
sshafer@courier-journal.com
The Courier-Journal
A center to help children learn to live with Down syndrome, more rooms at the Ronald McDonald House for parents of hospitalized youngsters and a day-care center for disabled kids.
Those projects are sponsored by three of the 85 nonprofit groups that Kosair Charities will give a total of $19.17 million -- a record one-year amount for the charity."
Warren Buffett Auctions Another Lunch | Chron.com - Houston Chronicle
Warren Buffett Auctions Another Lunch | Chron.com - Houston Chronicle: "Warren Buffett Auctions Another Lunch
By JOSH FUNK AP Business Writer
© 2007 The Associated Press
OMAHA, Neb. — Last year's bidding for lunch with legendary investor Warren Buffett topped $620,000, so who knows how much it will cost this year.
The online bidding begins at $25,000 Sunday night in a charity auction that benefits the Glide Foundation, which provides social services to the poor and homeless in San Francisco. The bids will likely escalate significantly before the auction closes Friday at 9 p.m. CDT."
By JOSH FUNK AP Business Writer
© 2007 The Associated Press
OMAHA, Neb. — Last year's bidding for lunch with legendary investor Warren Buffett topped $620,000, so who knows how much it will cost this year.
The online bidding begins at $25,000 Sunday night in a charity auction that benefits the Glide Foundation, which provides social services to the poor and homeless in San Francisco. The bids will likely escalate significantly before the auction closes Friday at 9 p.m. CDT."
Americans set new mark for giving - CNN.com
One of the many articles today about Giving USA survey.
Americans set new mark for giving - CNN.com: "EW YORK (AP) -- Americans gave nearly $300 billion to charitable causes last year, setting a new record and besting the 2005 total that had been boosted by a surge in aid to victims of hurricanes Katrina, Rita and Wilma -- and the Asian tsunami.
Donors contributed an estimated $295.02 billion in 2006, a 1 percent increase when adjusted for inflation, up from $283.05 billion in 2005. Excluding donations for disaster relief, the total rose 3.2 percent, inflation-adjusted, according to an annual report released Monday by the Giving USA Foundation at Indiana University's Center on Philanthropy."
Americans set new mark for giving - CNN.com: "EW YORK (AP) -- Americans gave nearly $300 billion to charitable causes last year, setting a new record and besting the 2005 total that had been boosted by a surge in aid to victims of hurricanes Katrina, Rita and Wilma -- and the Asian tsunami.
Donors contributed an estimated $295.02 billion in 2006, a 1 percent increase when adjusted for inflation, up from $283.05 billion in 2005. Excluding donations for disaster relief, the total rose 3.2 percent, inflation-adjusted, according to an annual report released Monday by the Giving USA Foundation at Indiana University's Center on Philanthropy."
PostStar.com-Group to swim for a cause
PostStar.com: "What do a 112-mile swim and children's mental health have in common?
Swimmer Steven Kirk hopes the answer is around $20,000, as the second annual Swim the Canal for Kids' Mental Health fundraiser is currently accepting donations for the July 18 swim.
Six Capital Region residents will swim a 112-mile stretch of Lake Champlain, the Champlain Canal and the Hudson River from July 18 to July 22."
Swimmer Steven Kirk hopes the answer is around $20,000, as the second annual Swim the Canal for Kids' Mental Health fundraiser is currently accepting donations for the July 18 swim.
Six Capital Region residents will swim a 112-mile stretch of Lake Champlain, the Champlain Canal and the Hudson River from July 18 to July 22."
Absence of Major Disaster in ’06 Affected Giving | theledger.com
Absence of Major Disaster in ’06 Affected Giving | theledger.com: "Given the media and nonprofit sector buzz around what we’re calling the megagifts made last year, it is maybe a little surprising that giving did not increase more dramatically,” said Patrick M. Rooney, director of research at the Center on Philanthropy at Indiana University. “I think what we’re seeing is philanthropy growing in a steadier, more linear way, when everyone has been hoping for a pattern more like the roaring 1990s.”
The Giving USA Foundation, which produces an annual report on giving together with the center, attributed the lackluster growth in giving to the absence of major disasters."
The Giving USA Foundation, which produces an annual report on giving together with the center, attributed the lackluster growth in giving to the absence of major disasters."
Democrat & Chronicle: Editorials
Democrat & Chronicle: Editorials: "Arts and prosperity
There is a link, and this community must use it as leverage
(June 25, 2007) — There's now quantifiable evidence that not only do Monroe County's nonprofit cultural and arts groups contribute substantially to the region's high quality of life, but that they're also a huge boost to the local economy.
A national survey by Americans for the Arts, the nation's premier arts advocacy group, found that the nonprofits generate $198.9 million annually in Monroe County. For perspective, consider that similar groups pumped $198.5 million into the Nashville region, which is known worldwide as a mecca for country music."
There is a link, and this community must use it as leverage
(June 25, 2007) — There's now quantifiable evidence that not only do Monroe County's nonprofit cultural and arts groups contribute substantially to the region's high quality of life, but that they're also a huge boost to the local economy.
A national survey by Americans for the Arts, the nation's premier arts advocacy group, found that the nonprofits generate $198.9 million annually in Monroe County. For perspective, consider that similar groups pumped $198.5 million into the Nashville region, which is known worldwide as a mecca for country music."
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