The Wealth Report - WSJ.com : The Dead, More Generous Than the Living in 2008

The Wealth Report - WSJ.com : The Dead, More Generous Than the Living in 2008: "The Dead, More Generous Than the Living in 2008

“Giving while living” became a mantra of philanthropy in recent years. Now, with the living running out of cash, it is the nonliving who are back in the lead as donors.

According to Slate magazine and the Chronicle of Philanthropy, 7 of the top 10 charitable donors in 2008 were from estates. That is a big change from 2007, when all of the top 10 donors were alive when they made their gifts."

Ticked off trust fund teens TP Madoff's home

Ticked off trust fund teens TP Madoff's home: "The Florida home of disgraced money manager Bernie Madoff has been toilet-papered.

It happened in Palm Beach."

RELIGION Blog | The Dallas Morning News

RELIGION Blog | The Dallas Morning News: "At least one Baptist group lost money as part of Bernard Madoff's alleged $50 billion Ponzi scheme. The Baptist Foundation of Oklahoma said it lost $1.4 million, less than 1 percent of its assets, when third-party money managers invested in two of Madoff's allegedly fraudulent hedge funds."

Capital Campaign to raise money for UT Martin - Campus News

Capital Campaign to raise money for UT Martin - Campus News: "The University of Tennessee's Office of Development is focusing on a major capital campaign at various campuses in the University's system including UTM.

Private dollars raised are used to fund programs of excellence and take advantage of new opportunities presented to the campuses or sites. These programs typically are focused on enhancing quality. These dollars are gifts that allow the UT system to offer additional scholarships; recruit and retain faculty; enhance or assist with buildings and/or the technology, equipment, furnishings or other features that maximize their usefulness."

Microfinance: Ready For Its Big Leap? - 02..2009 - U.S. Banker Article

Microfinance: Ready For Its Big Leap? - 02..2009 - U.S. Banker Article: "As the CEO of Accion Texas, Janie Barrera has plenty of lending success stories to tell. There’s the Colombian woman in Dallas who launched a translation business, and today counts the likes of 3M and Southwest Airlines as clients. Or the African-American man in Houston whose idea of leasing beds to nursing homes was met with skepticism by traditional banks and today is doing well. She also has some odd tales to share, including the one about the woman in southern Texas who pledged goats as collateral for a small loan to start a restaurant. “The next time I visited her, I asked to see the goats,” Barrera recalls. “She said, ‘What do you mean? We used them for lunch.’”"

Corporate Giving: Best of the Basics : By Kerri Cleghorn : FundRaising Success

Corporate Giving: Best of the Basics : By Kerri Cleghorn : FundRaising Success: "Corporate Giving: Best of the Basics
By Kerri Cleghorn
Jan 27, 2009


The key to successful corporate-giving partnerships lies in thoughtful planning, strategic execution and responsible stewardship.

Here are some tips on best practices for developing each phase of a corporate-giving partnership."

United Way cuts staff by 30%, will dip into reserve fund | CharlotteObserver.com

United Way cuts staff by 30%, will dip into reserve fund | CharlotteObserver.com: "United Way cuts staff by 30%, will dip into reserve fund
Combination of factors brings steep drop in '08 campaign, prompt action to meet increasing needs.
By Mark Price
msprice@charlotteobserver.com
Posted: Friday, Jan. 23, 2009

Charlotte's United Way will take up to $5 million out of reserves in hope of easing the impact of the major drop-off in donations to its 2008 campaign."

Coalition Cancels Nonprofit Congress Gathering - Philanthropy.com

Coalition Cancels Nonprofit Congress Gathering - Philanthropy.com: "Coalition Cancels Nonprofit Congress Gathering

By Nicole Wallace

The National Council of Nonprofits has called off the 2009 Nonprofit Congress conference, which had been scheduled to take place in New Orleans in May."

The NonProfit Times - The Leading Business Publication For Nonprofit Management

The NonProfit Times - The Leading Business Publication For Nonprofit Management: "January 26, 2009

Judge Adds To Lung Association Confusion

By Mark Hrywna

The Pacific Northwest has two local organizations that appear to be affiliated with the American Lung Association (ALA), but no permanent CEOs to run the organizations as of Feb. 1.

Clarifying an earlier preliminary injunction that essentially shut down an ALA affiliate, a Washington state judge allowed the ALA of the Northwest to resume operations. At the same time, the national ALA has started the process to create a new affiliate."

Osher Learning Center Gets Infusion

Osher Learning Center Gets Infusion: "TAMPA - Less than a year after getting a $1 million grant, the University of South Florida's lifelong learning program has received another million.

Both sums came from the Bernard Osher Foundation, a San Francisco-based organization that gives money to colleges and universities with special attention to programs for older people returning to school."

Brokaw speaks at annual donor gala

Brokaw speaks at annual donor gala: "Former NBC anchor Tom Brokaw headlined the Roper Xavier Society annual donor gala with the history he reported — tales from the Berlin Wall and jokes with Walter Cronkite.

More than 850 people, each contributing a minimum of $1,000 to the Roper St. Francis Foundation, attended the Saturday gala at Charleston Place."

Star power meets philanthropy

Star power meets philanthropy: "For today's celebs, charity work is almost as much a part of the job as walking the red carpet. Famous names have become affiliated with preventing domestic violence, curing breast cancer, fixing smiles and saving farms from development."

Nonprofits take hit from recession, too | Richmond Times-Dispatch

Nonprofits take hit from recession, too | Richmond Times-Dispatch: "By Robin Farmer

Published: January 25, 2009

The troubled economy has pushed many people close to the edge.

For those who lose their footing, area charities help soften a rocky landing with an array of free programs and services.

But what happens if the lifeline becomes overextended?

At a time when unemployment, foreclosures, food prices and bank collapses are on the rise, will donations to nonprofits dry up?"

Charity Ball keeps Boys & Girls Club rolling - Utica, NY - The Observer-Dispatch

Charity Ball keeps Boys & Girls Club rolling - Utica, NY - The Observer-Dispatch: "UTICA —

Much of the city’s high society gathered Saturday night for the mayor’s annual charity ball.

The funds raised from the event, in its second year, will benefit the Boys & Girls Clubs of the Mohawk Valley."

onPhilanthropy: Articles: The Stimulus and Philanthropy: Meaning Beyond Money

From oOnPhilanthropy
onPhilanthropy: Articles: The Stimulus and Philanthropy: Meaning Beyond Money: "The Stimulus and Philanthropy: Meaning Beyond Money
Friday, January 23, 2009
By: Susan Raymond, Ph.D

This week, America embarks on a new chapter in its history -- not simply with a new executive administration but with leadership that reflects to the world the diversity of this nation and the opportunity inherent in its principles."

The Talented Mr. Madoff - NYTimes.com

The Talented Mr. Madoff - NYTimes.com: "This Bernie also ran a money management business on the side for decades that he kept hidden far from colleagues, competitors and regulators.

While he managed billions of dollars for individuals and foundations, he shunned one-on-one meetings with most of his investors, wrapping himself in an Oz-like aura, making him even more desirable to those seeking access."

Giving goes away « The CityBusiness Blog

Giving goes away « The CityBusiness Blog: "Giving goes away
Monday, January 12, 2009 · No Comments

By Deon Roberts, Online Editor

These are not the easiest times to be a charity.

According to an Association of Fundraising Professionals survey released today, more than half of charities across North America raised less money during the 2008 holiday giving season — October through December — than they did during the same period last year.

“The survey underscores the extraordinary difficulties that charities face in a fundraising environment that is more challenging than anything we’ve seen in recent history,” said Paulette V. Maehara, president and CEO of AFP."

The Ellsworth American - New Tax Rules for Nonprofits Outlined

The Ellsworth American - New Tax Rules for Nonprofits Outlined: "New Tax Rules for Nonprofits Outlined Print E-mail
Written by James Straub
Thursday, January 22, 2009

ELLSWORTH — New rules from the Internal Revenue Service demand greater participation among board members serving nonprofit, tax-exempt organizations.

The rules, which go into effect with 2008 tax filings, are intended to provide the IRS and the public with more detailed information about how nonprofits conduct business."

Madoff: New victims, old scam - THE WEEK

Madoff: New victims, old scam - THE WEEK: "Madoff: New victims, old scam

Ponzi schemes are one of the oldest investment frauds, yet as the Bernard Madoff scandal demonstrates, their appeal never wanes. How do they work?"

Ohio.com - Ohio foundations cut back

Ohio.com - Ohio foundations cut back: "Ohio foundations cut back

Nonprofit groups less likely to receive grants at same time that need for help grows

By Rick Armon
Beacon Journal staff writer

Published on Friday, Jan 23, 2009

More than half of Ohio's charitable foundations plan to hand out fewer grants this year because of losses in the anemic financial markets, according to a new survey by the Ohio Grantmakers Forum.

Foundations reported their financial assets tumbled between 15 and 40 percent over the past year.

With less money available, about 60 percent of foundations in the state said they will cut back on giving this year — a blow to nonprofit groups that are seeing an increased demand for help in the slumping economy.

'

Financing the future: the role of philanthropy : columnists : Estes Park Trail-Gazette

Financing the future: the role of philanthropy : columnists : Estes Park Trail-Gazette: "ESTES PARK, Colo. — “The great use of a life is to spend it for something that will outlast it.”- William James

Philanthropy is defined as “the effort to advance human well-being, as through charitable gifts or endowments.” The dictionary, however, does not define a mistaken notion many people have about philanthropy: a pursuit undertaken only by the very wealthy."

Fannie Mae, Freddie Mac Resume Charitable Activities :: PNNOnline ::

Fannie Mae, Freddie Mac Resume Charitable Activities :: PNNOnline ::: "Fannie Mae, Freddie Mac Resume Charitable Activities
Posted by: philcrosby on Wednesday, January 21, 2009
Topic General Fundraising


The philanthropic arms of mortgage giants Fannie Mae and Freddie Mac, formerly the top two givers to charity in the Washington, D.C., region, have received a green light from the federal government to restart their giving after a three-month hiatus, the Washington Business Journal reports."

Arthur C. Brooks: Conservatives Have Answered Barack Obama's Call - WSJ.com

Arthur C. Brooks: Conservatives Have Answered Barack Obama's Call - WSJ.com: "Unfortunately, we nonprofit leaders, like our for-profit counterparts, are laying awake nights. The end of 2008 was disappointing for philanthropy, and some believe that 2009 will be difficult as well. Indiana University's Center on Philanthropy publishes the Philanthropic Giving Index (PGI), which tracks the predictions of nonprofit leaders about charitable giving. Like the more-famous Consumer Confidence Index, it shows a level of gloom not seen in years, falling from 83 to 65 (on a 0-100 scale) in just six months."

Nonprofit groups need reserve cash, too - Business - San Luis Obispo

Nonprofit groups need reserve cash, too - Business - San Luis Obispo: "Most financial planners use this same guideline for individuals and families. Lenders cite such reserves in calculating creditworthiness.

So shouldn’t a reserve fund at least one indicator of a well-run nonprofit organization? Shouldn’t donors be attracted to well-run organizations?"

Charity Organization Helps With Inaugural Meals : NPR

Charity Organization Helps With Inaugural Meals : NPR: "All Things Considered, January 19, 2009 · DC Central Kitchen, a charity organization, got its start 20 years ago this week by collecting leftover food from the inaugural balls of George H. W. Bush and giving it to the homeless. Now, the group's culinary arts students — many of whom have been homeless themselves or in prison — are helping with some of the cooking for this year's inaugural festivities."

Sickles Student Helps Lead National 'Souper Bowl' Charity

Sickles Student Helps Lead National 'Souper Bowl' Charity: "Daigneault, a senior at Sickles High School, is one of 19 students nationally serving on the youth advisory board for the Souper Bowl of Caring. The 20th annual event coordinates food drives on Super Bowl weekend for local charities through schools, churches, businesses and organizations."

Belmont Student Starts New Charity - News- msnbc.com

Belmont Student Starts New Charity - News- msnbc.com: "At a kick-off event on Monday, students gathered their spare change, which will be donated to help children living in poverty.

Maisner said that as a college student, it's hard to write a big check once a month, but if more people donate, each can give less.

'At a school like Belmont University, with 5,000 of us, if each of us gave $1 a week over a 20-week period, we'd be able to give $100,000,' said Maisner."

Bloomberg.com: Worldwide

Bloomberg.com: Worldwide: "an. 21 (Bloomberg) -- The Bernard Madoff scandal has intensified efforts to hold investment advisers more accountable for their clients’ interests, as the Obama administration considers an overhaul of financial regulation."

The stage is reset in New Orleans - Los Angeles Times

The stage is reset in New Orleans - Los Angeles Times: "New Orleans, hammered by Hurricane Katrina 3 1/2 years ago and still lurching toward a full recovery, received a helping hand -- and voice -- Saturday.

Superstar tenor Plácido Domingo culminated a 10-day grand reopening of the city-owned Mahalia Jackson Theater for the Performing Arts, which has undergone $22 million in renovations after being severely damaged by the hurricane flood waters. The arts center had been closed since it took on 14 feet of water in the 2005 storm and left the New Orleans Opera, Louisiana Philharmonic Orchestra and New Orleans Ballet Assn. without a home."

BillingsGazette.com :: Montanans answer call to service

BillingsGazette.com :: Montanans answer call to service: "Across Montana, people are honoring the president-elect's call to service on Martin Luther King Day with nearly 60 events in 30 cities and towns. In Sidney, they're writing letters to Montana soldiers. In Circle, they're building a wheelchair ramp for a man injured in a car accident. In Fishtail, they're compiling a list of volunteer opportunities in Stillwater County and contacting volunteers to get the work done."