montgomeryadvertiser.com :: Financial plan should include future generations: "Financial plan should include future generations
An important idea gets lost easily amid all the talk about the future of the estate tax. Intergenerational financial planning is about more than taxes. To be sure, preserving wealth for your family is a worthy goal. But creating a comprehensive plan can help you achieve even more. You efficiently can transfer both your assets and your values to future generations, and thus help prepare your loved ones to lead more fulfilling lives.
For now, at least, the estate tax remains an important though unpredictable planning consideration. Today, you can leave up to $1.5 million tax-free to your heirs. This estate-tax exemption is scheduled to increase to $2 million in 2006 and then to $3.5 million in 2009. Unless Congress repeals the federal estate tax altogether -- the House has approved a permanent repeal, but no one knows for certain if legislation will pass the Senate -- the tax will disappear in 2010, only to reappear the following year at the previous exclusion amount of $1 million."
Tuesday, November 01, 2005
Monday, October 31, 2005
The Sun News | 10/29/2005 | Philanthropy passed down
The Sun News | 10/29/2005 | Philanthropy passed down: "WACCAMAW FOUNDATION
Philanthropy passed down
By Johanna D. Wilson
The Sun News
'You don't have to be wealthy to be a philanthropist.'
Mike Gerald | Waccamaw Community Foundation
A little boy learned the essence of a big word - philanthropy - when he discovered his daddy wrote a check and saved a camp.
Jerry Bisgrove, now 60, was nine when John Bisgrove did what he had to do to save Camp Columbus in Auburn, N.Y.
'Nobody knew about what my father did except the good monsignor,' Bisgrove said. 'My father always did things in a very quiet way. If somebody in church was in trouble, you knew my father's hand was in it helping out in some way.'"
Philanthropy passed down
By Johanna D. Wilson
The Sun News
'You don't have to be wealthy to be a philanthropist.'
Mike Gerald | Waccamaw Community Foundation
A little boy learned the essence of a big word - philanthropy - when he discovered his daddy wrote a check and saved a camp.
Jerry Bisgrove, now 60, was nine when John Bisgrove did what he had to do to save Camp Columbus in Auburn, N.Y.
'Nobody knew about what my father did except the good monsignor,' Bisgrove said. 'My father always did things in a very quiet way. If somebody in church was in trouble, you knew my father's hand was in it helping out in some way.'"
AP Wire | 10/29/2005 | PGA Tour hits $1 billion mark in charity
AP Wire | 10/29/2005 | PGA Tour hits $1 billion mark in charity: "PGA Tour hits $1 billion mark in charity
DOUG FERGUSON
Associated Press
PALM HARBOR, Fla. - The PGA Tour hits a milestone this week that commissioner Tim Finchem believes is as noteworthy as Byron Nelson winning 11 in a row or Tiger Woods holding all the major trophies at the same time.
Charitable giving in golf is at the $1 billion mark"
DOUG FERGUSON
Associated Press
PALM HARBOR, Fla. - The PGA Tour hits a milestone this week that commissioner Tim Finchem believes is as noteworthy as Byron Nelson winning 11 in a row or Tiger Woods holding all the major trophies at the same time.
Charitable giving in golf is at the $1 billion mark"
The Chronicle, 10/28/2005: Senate Investigates Board of American University Over Compensation of President and Other Financial Matters
The Chronicle, 10/28/2005: Senate Investigates Board of American University Over Compensation of President and Other Financial Matters: "Senate Investigates Board of American University Over Compensation of President and Other Financial Matters
By Grant Williams
Washington
American University and its Board of Trustees are under investigation by the Senate Finance Committee over the severance pay and compensation paid to the institution's former president, Benjamin Ladner. The controversy over Mr. Ladner's remuneration is bolstering efforts by the committee's chairman, Sen. Charles E. Grassley, to impose new rules on charities and their boards. In a four-page letter to the board, Mr. Grassley, an Iowa Republican, said he was 'deeply troubled' by the way trustees handled Mr. Ladner's departure."
By Grant Williams
Washington
American University and its Board of Trustees are under investigation by the Senate Finance Committee over the severance pay and compensation paid to the institution's former president, Benjamin Ladner. The controversy over Mr. Ladner's remuneration is bolstering efforts by the committee's chairman, Sen. Charles E. Grassley, to impose new rules on charities and their boards. In a four-page letter to the board, Mr. Grassley, an Iowa Republican, said he was 'deeply troubled' by the way trustees handled Mr. Ladner's departure."
UPMC seeks nonprofit first - Pittsburgh - MSNBC.com
UPMC seeks nonprofit first - Pittsburgh - MSNBC.com: "UPMC seeks nonprofit first
A plainspoken man, who punctuates conversations with 'oh, golly,' 'super,' and 'wow,' is behind ambitious efforts to get the University of Pittsburgh Medical Center certified as the first nonprofit ever to meet new rigorous accounting rules that were intended for corporate America."
A plainspoken man, who punctuates conversations with 'oh, golly,' 'super,' and 'wow,' is behind ambitious efforts to get the University of Pittsburgh Medical Center certified as the first nonprofit ever to meet new rigorous accounting rules that were intended for corporate America."
Bill Gates' dad puts philanthropy in action through son's foundation: Financial News - Yahoo! Finance
Bill Gates' dad puts philanthropy in action through son's foundation: Financial News - Yahoo! Finance: "Bill Gates' dad puts philanthropy in action through son's foundation
Friday October 28, 5:38 pm ET
William H. Gates Sr., the father of Microsoft Chairman Bill Gates, Friday gave his views on philanthropy at the annual Social Venture Partners International conference held in Phoenix.
Gates, who heads up the massive Bill & Melinda Gates Foundation formed by his son, travels the world with people like Jimmy Carter and Nelson Mandela to help promote greater equity in global health and education. With an endowment of approximately $28.8 billion, it is the largest private charity in the world."
Friday October 28, 5:38 pm ET
William H. Gates Sr., the father of Microsoft Chairman Bill Gates, Friday gave his views on philanthropy at the annual Social Venture Partners International conference held in Phoenix.
Gates, who heads up the massive Bill & Melinda Gates Foundation formed by his son, travels the world with people like Jimmy Carter and Nelson Mandela to help promote greater equity in global health and education. With an endowment of approximately $28.8 billion, it is the largest private charity in the world."
CourierPostOnline - South Jersey's Web Site-Arts groups aim to reach new generation of donors
CourierPostOnline - South Jersey's Web Site: "PHILADELPHIA
Charitable people have opened their wallets more than once to help support relief efforts after this year's multiple natural disasters. Now, museums, theaters, dance companies and other arts organizations are taking a look at how people give their money and the future of philanthropy in the region.
The arts rely on contributions from donors to stay in business, and these gifts have typically come from people who are older and therefore have more discretionary funds, said Eileen Heisman, president and CEO of the National Philanthropic Trust at a recent seminar hosted by the Arts & Business Council of Greater Philadelphia.
"
Charitable people have opened their wallets more than once to help support relief efforts after this year's multiple natural disasters. Now, museums, theaters, dance companies and other arts organizations are taking a look at how people give their money and the future of philanthropy in the region.
The arts rely on contributions from donors to stay in business, and these gifts have typically come from people who are older and therefore have more discretionary funds, said Eileen Heisman, president and CEO of the National Philanthropic Trust at a recent seminar hosted by the Arts & Business Council of Greater Philadelphia.
"
Friday, October 28, 2005
Indicted On Fraud, Vilar Saluted By NYC's Met Opera - Forbes.com
Indicted On Fraud, Vilar Saluted By NYC's Met Opera - Forbes.com: "Faces In The News
Indicted On Fraud, Vilar Saluted By NYC's Met Opera
Liz Moyer, 10.26.05, 6:41 PM ET
NEW YORK - Alberto Vilar, once a high-flying tech fund manager and philanthropist, gained notoriety this spring after being charged with multiple counts of fraud, conspiracy and money laundering. But Vilar is still getting a puff of recognition from one of his old stomping grounds."
Indicted On Fraud, Vilar Saluted By NYC's Met Opera
Liz Moyer, 10.26.05, 6:41 PM ET
NEW YORK - Alberto Vilar, once a high-flying tech fund manager and philanthropist, gained notoriety this spring after being charged with multiple counts of fraud, conspiracy and money laundering. But Vilar is still getting a puff of recognition from one of his old stomping grounds."
Tax provision good news for rich donors | The San Diego Union-Tribune
Tax provision good news for rich donors | The San Diego Union-Tribune: "Feds may see bigger revenue loss
By Stephanie Strom
NEW YORK TIMES NEWS SERVICE
October 28, 2005
A little-noted provision in the tax-relief package to aid victims of Hurricane Katrina is shaping up as a windfall for charity and a drain on government coffers.
It allows wealthy donors who make substantial cash gifts to almost any charity by the end of this year to deduct an amount up to nearly 100 percent of their adjusted gross income – double the normal limit of 50 percent of income. The tantalizing prospect has set off a financial scramble among some wealthy donors and charities vying for their dollars."
By Stephanie Strom
NEW YORK TIMES NEWS SERVICE
October 28, 2005
A little-noted provision in the tax-relief package to aid victims of Hurricane Katrina is shaping up as a windfall for charity and a drain on government coffers.
It allows wealthy donors who make substantial cash gifts to almost any charity by the end of this year to deduct an amount up to nearly 100 percent of their adjusted gross income – double the normal limit of 50 percent of income. The tantalizing prospect has set off a financial scramble among some wealthy donors and charities vying for their dollars."
Emerging Issues: Philanthropy: Giving Circles: Past, Present, & Future
From the Council on Foundations
Emerging Issues: Philanthropy: Giving Circles: Past, Present, & Future: "Giving Circles: Past, Present, & Future
Giving Circles have emerged as a popular form of grassroots philanthropy. These are groups of individuals that pool their money and jointly decide how and where the money will be donated. Beginning in the early 1990’s, they are a way for people of all ages, backgrounds, and income levels to take an active and directed approach in their philanthropy. Women have been especially active through this mode of philanthropy"
Emerging Issues: Philanthropy: Giving Circles: Past, Present, & Future: "Giving Circles: Past, Present, & Future
Giving Circles have emerged as a popular form of grassroots philanthropy. These are groups of individuals that pool their money and jointly decide how and where the money will be donated. Beginning in the early 1990’s, they are a way for people of all ages, backgrounds, and income levels to take an active and directed approach in their philanthropy. Women have been especially active through this mode of philanthropy"
Keeping the Light on Katrina: In Hurricane Tax Package, a Boon for Wealthy Donors | MediaChannel.org
Keeping the Light on Katrina: In Hurricane Tax Package, a Boon for Wealthy Donors | MediaChannel.org: "But fund-raising experts have long said that the decline in charitable giving that followed the Sept. 11 attacks was smaller than nonprofit groups led the public to believe and driven more by economic factors than by exhausted donors.
'After 9/11, 65 percent of our members were raising the same or more, and the following year, the numbers went up again,' said Paulette V. Maehara, president of the Association of Fundraising Professionals. 'There wasn't the sky-is-falling impact that a lot of people thought there would be, and there won't be now, either, unless the economy does a nosedive.'"
'After 9/11, 65 percent of our members were raising the same or more, and the following year, the numbers went up again,' said Paulette V. Maehara, president of the Association of Fundraising Professionals. 'There wasn't the sky-is-falling impact that a lot of people thought there would be, and there won't be now, either, unless the economy does a nosedive.'"
Arkansas Times- Philanthropy storms in to aid Katrina casualties
Arkansas Times:
snip snip>
"Fran Carter, president of the Arkansas Association of Fundraising Professionals, said the response to the UA “changes the expectation of what individual donors can do for an organization.” But when donors make multi-year commitments to achieve their gift, or have made what she called “sacrifice” donations, there’s less to go around to other causes.
"
snip snip>
"Fran Carter, president of the Arkansas Association of Fundraising Professionals, said the response to the UA “changes the expectation of what individual donors can do for an organization.” But when donors make multi-year commitments to achieve their gift, or have made what she called “sacrifice” donations, there’s less to go around to other causes.
"
FJC | News | FJC makes top charities list in the USA
FJC | News | FJC makes top charities list in the USA: "FJC makes top charities list in the USA
Friday, October 28 2005
More than 25 Jewish groups made the list. The United Jewish Communities was the top Jewish group on the Chronicle of Philanthropy’s list of the top 400 charities in America. The top five Jewish groups include the Jewish Joint Distribution Committee at 60, the Jewish Communal Fund at 82, the UJA-Federation of New York at 83 and the Jewish Federation/Jewish United Fund of Metropolitan Chicago at 133."
Friday, October 28 2005
More than 25 Jewish groups made the list. The United Jewish Communities was the top Jewish group on the Chronicle of Philanthropy’s list of the top 400 charities in America. The top five Jewish groups include the Jewish Joint Distribution Committee at 60, the Jewish Communal Fund at 82, the UJA-Federation of New York at 83 and the Jewish Federation/Jewish United Fund of Metropolitan Chicago at 133."
Online Research Tool Now Free to Nonprofits :: PNNOnline ::
Online Research Tool Tow Free to Nonprofits :: PNNOnline ::: "Online Research Tool Now Free to Nonprofits
Posted by: scovillepr on Thursday, October 27, 2005
Topic Special Features
QuestionPro, a leader in online survey hosting and delivery since 2002, announced today the QuestionPro Nonprofit Waiver Program. This new program gives registered nonprofit organizations one free account at the Professional license level of QuestionPro free of charge for up to a year (a $499 value).
While there is a prevalence of free online research tools, none offers the rich feature set of QuestionPro. Due to budget constraints, many nonprofit organizations use these low-end services then become frustrated with their limitations or simply don’t get high enough quality of information to make smart business decisions.
QuestionPro now makes it possible for these organizations to leverage the full feature set of QuestionPro’s online survey service for free for up to a year. In exchange, nonprofits simply need to acknowledge QuestionPro in their surveys and on their Web site.
According to Carolyne Swaine, President of MPRES, a federally funded nonprofit agency that provides health care education and research services, their ability to gather the data they need had been severely hampered by increasing costs and declining response rates associated with telephone and mail surveys. QuestionPro’s turnkey hosted survey service gives them the ability to improve response rates and overall quality of data.
"
Posted by: scovillepr on Thursday, October 27, 2005
Topic Special Features
QuestionPro, a leader in online survey hosting and delivery since 2002, announced today the QuestionPro Nonprofit Waiver Program. This new program gives registered nonprofit organizations one free account at the Professional license level of QuestionPro free of charge for up to a year (a $499 value).
While there is a prevalence of free online research tools, none offers the rich feature set of QuestionPro. Due to budget constraints, many nonprofit organizations use these low-end services then become frustrated with their limitations or simply don’t get high enough quality of information to make smart business decisions.
QuestionPro now makes it possible for these organizations to leverage the full feature set of QuestionPro’s online survey service for free for up to a year. In exchange, nonprofits simply need to acknowledge QuestionPro in their surveys and on their Web site.
According to Carolyne Swaine, President of MPRES, a federally funded nonprofit agency that provides health care education and research services, their ability to gather the data they need had been severely hampered by increasing costs and declining response rates associated with telephone and mail surveys. QuestionPro’s turnkey hosted survey service gives them the ability to improve response rates and overall quality of data.
"
Lumina Foundation Funds Fellowships for Doctoral Students :: PNNOnline ::
Lumina Foundation Funds Fellowships for Doctoral Students :: PNNOnline ::: "Lumina Foundation Funds Fellowships for Doctoral Students
Posted by: laurakujawski on Thursday, October 27, 2005
Topic Education
Lumina Foundation for Education has awarded a grant to the Center on Philanthropy at Indiana University to establish a fellowship program for students earning a Ph.D. in Philanthropic Studies.
The funding will support for three years two fellows focused either on research in philanthropy and higher education or on research related to private foundations. The two fellowships will provide opportunities in which respected scholars guide exceptional, creative minds to a new level of intellectual growth and will heighten their future contributions to academia and to nonprofit professionals’ work.
“We are grateful to Lumina Foundation for their generous underwriting of these fellowships,” said Gene Tempel, executive director of the Center on Philanthropy. “They will make a huge difference financially to our students, and enable them to do important research to advance the field. This support will enhance our ability to attract the best students to this unique doctoral program.”
"
Posted by: laurakujawski on Thursday, October 27, 2005
Topic Education
Lumina Foundation for Education has awarded a grant to the Center on Philanthropy at Indiana University to establish a fellowship program for students earning a Ph.D. in Philanthropic Studies.
The funding will support for three years two fellows focused either on research in philanthropy and higher education or on research related to private foundations. The two fellowships will provide opportunities in which respected scholars guide exceptional, creative minds to a new level of intellectual growth and will heighten their future contributions to academia and to nonprofit professionals’ work.
“We are grateful to Lumina Foundation for their generous underwriting of these fellowships,” said Gene Tempel, executive director of the Center on Philanthropy. “They will make a huge difference financially to our students, and enable them to do important research to advance the field. This support will enhance our ability to attract the best students to this unique doctoral program.”
"
master event calendar
master event calendar:
snip snip>
"“We want it to be used,” Ross said. “A planning calendar like this is only as good as the users. It’s a continuous calendar, and we hope people will put events on a year or more out. That’s when it will be most valuable.”
Ross said the calendar software is only the tip of Kintera’s iceberg. The technology also allows nonprofit organizations to create “mini websites” to promote events and accept registrations or donations."
snip snip>
"“We want it to be used,” Ross said. “A planning calendar like this is only as good as the users. It’s a continuous calendar, and we hope people will put events on a year or more out. That’s when it will be most valuable.”
Ross said the calendar software is only the tip of Kintera’s iceberg. The technology also allows nonprofit organizations to create “mini websites” to promote events and accept registrations or donations."
Thursday, October 27, 2005
Public Sets High Standards for Nonprofits - 27 Oct 2005
Public Sets High Standards for Nonprofits - 27 Oct 2005: "Public Sets High Standards for Nonprofits
AccountingWEB.com - October 27, 2005 - Two recent surveys of perceptions of nonprofits, conducted before Hurricane Katrina, suggest some skepticism among donors and the public at large about large national charitable organizations. One survey, The Charitable Impulse, conducted by Public Agenda, a nonpartisan research organization, surveyed two distinct groups. of Americans They conducted six focus groups of �civically engaged� donors who had given at least $300 to charities and had volunteered at least once in the past year, and separately interviewed 15 charity leaders around the country.
Donors in the focus groups were generally �enthusiastic and positive�, especially when it came to smaller local charities, according to the Public Agenda report, but had �a long memory for scandal and waste.� Focus group participants expressed concern about marketing costs and big business approaches to sales. Givers had a �long memory for scandal and waste� and took past misdeeds �quite personally, and the breach is nearly impossible to repair,� the report says."
AccountingWEB.com - October 27, 2005 - Two recent surveys of perceptions of nonprofits, conducted before Hurricane Katrina, suggest some skepticism among donors and the public at large about large national charitable organizations. One survey, The Charitable Impulse, conducted by Public Agenda, a nonpartisan research organization, surveyed two distinct groups. of Americans They conducted six focus groups of �civically engaged� donors who had given at least $300 to charities and had volunteered at least once in the past year, and separately interviewed 15 charity leaders around the country.
Donors in the focus groups were generally �enthusiastic and positive�, especially when it came to smaller local charities, according to the Public Agenda report, but had �a long memory for scandal and waste.� Focus group participants expressed concern about marketing costs and big business approaches to sales. Givers had a �long memory for scandal and waste� and took past misdeeds �quite personally, and the breach is nearly impossible to repair,� the report says."
Wichita Eagle | 10/27/2005 | Philanthropist to be honored at annual ceremony
Wichita Eagle | 10/27/2005 | Philanthropist to be honored at annual ceremony: "Philanthropist to be honored at annual ceremony
Wichitan Joan Beren, a philanthropist known for her work with Wichita State University and the Mid-Kansas Jewish Federation, will be honored as the area's top philanthropist Nov. 11."
Wichitan Joan Beren, a philanthropist known for her work with Wichita State University and the Mid-Kansas Jewish Federation, will be honored as the area's top philanthropist Nov. 11."
Wednesday, October 26, 2005
Relief agency faced with frustrations - Delaware Coast Press - delmarvanow.com
Relief agency faced with frustrations - Delaware Coast Press - delmarvanow.com: "Relief agency faced with frustrations
In 1978, a group of concerned Lewes-area citizens lead by George Chappell, a lifelong resident of Sussex County, organized Lewes Aid Services Inc. to 'aid those in need, regardless of race, color or creed' by providing emergency funding for food and necessary 'cost of living' expenses; rent, electric bills, home-heating fuel, etc.
Established as a 'voluntary community organization,' our only operating expenses are the costs of our answering service and postage to mail checks. Our current staff consists of eight Lewes-area volunteers who take turns screening calls for help. Originally, our operational funds came from area churches, service organizations and local businessmen. We still receive regular donations from the Lewes-Rehoboth Association of Churches, St. Andrew's Church Women and St. Jude's R.C. Church but as local businesses have changed hands or re-organized, contributions have died off while calls for assistance have increased. "
In 1978, a group of concerned Lewes-area citizens lead by George Chappell, a lifelong resident of Sussex County, organized Lewes Aid Services Inc. to 'aid those in need, regardless of race, color or creed' by providing emergency funding for food and necessary 'cost of living' expenses; rent, electric bills, home-heating fuel, etc.
Established as a 'voluntary community organization,' our only operating expenses are the costs of our answering service and postage to mail checks. Our current staff consists of eight Lewes-area volunteers who take turns screening calls for help. Originally, our operational funds came from area churches, service organizations and local businessmen. We still receive regular donations from the Lewes-Rehoboth Association of Churches, St. Andrew's Church Women and St. Jude's R.C. Church but as local businesses have changed hands or re-organized, contributions have died off while calls for assistance have increased. "
Bangkok Post Thursday 27 October 2005 - Joy is in giving
Bangkok Post Thursday 27 October 2005 - Joy is in giving: "Joy is in giving
A businesswoman sets aside a part of her company's earnings for the less fortunate and travels around the country to deliver it
People derive satisfaction from travelling for many reasons. For Vikanda Swasdiburi, it's the joy of giving.
Vikanda is the managing director of Marketing Integration and it's been her company's policy to contribute part of her earnings to the less fortunate, which she channels by arranging annual staff outings to provinces that need most help. She usually caps off the donation-giving with a barbecue party to thank her staff for their contribution."
A businesswoman sets aside a part of her company's earnings for the less fortunate and travels around the country to deliver it
People derive satisfaction from travelling for many reasons. For Vikanda Swasdiburi, it's the joy of giving.
Vikanda is the managing director of Marketing Integration and it's been her company's policy to contribute part of her earnings to the less fortunate, which she channels by arranging annual staff outings to provinces that need most help. She usually caps off the donation-giving with a barbecue party to thank her staff for their contribution."
The Statesman
The Statesman: "Cherie�s charity event questioned
Nigel Morris in London
Oct. 26. � Cherie Blair faced embarrassment last night after it emerged that a children�s cancer charity received only a fraction of the cash raised when she spoke at a charity dinner. The Tories called for her to end her lucrative international speaking commitments, accusing her of bringing the office of Prime Minister into disrepute. Following an inquiry, state investigators in Australia concluded that the event in Melbourne had raised �81,500 but that only �6,700 found its way into cancer research. The other �74,785 was swallowed up in paying for the dinner and covering guest speakers� fees, consumer protection officers from the state of Victoria. "
Nigel Morris in London
Oct. 26. � Cherie Blair faced embarrassment last night after it emerged that a children�s cancer charity received only a fraction of the cash raised when she spoke at a charity dinner. The Tories called for her to end her lucrative international speaking commitments, accusing her of bringing the office of Prime Minister into disrepute. Following an inquiry, state investigators in Australia concluded that the event in Melbourne had raised �81,500 but that only �6,700 found its way into cancer research. The other �74,785 was swallowed up in paying for the dinner and covering guest speakers� fees, consumer protection officers from the state of Victoria. "
Arkansas Times
Arkansas Times: "Philanthropy storms in to aid Katrina casualties
Wal-Mart Foundation tops national giving.
Leslie Newell Peacock
Updated: 10/27/2005
HELP BY THE TRUCKLOAD: From Wal-Mart.
Nature has battered the globe in the past year, sending devastating earthquakes and hurricanes East and West. Seldom have natural forces cre-ated so much havoc in such a short period of time. "
Wal-Mart Foundation tops national giving.
Leslie Newell Peacock
Updated: 10/27/2005
HELP BY THE TRUCKLOAD: From Wal-Mart.
Nature has battered the globe in the past year, sending devastating earthquakes and hurricanes East and West. Seldom have natural forces cre-ated so much havoc in such a short period of time. "
Tuesday, October 25, 2005
Yawkey Foundation spreads proceeds from sale - The Boston Globe
Yawkey Foundation spreads proceeds from sale - The Boston Globe: "Yawkey Foundation spreads proceeds from sale
By Bob Hohler, Globe Staff | October 24, 2005
The 2002 sale of the Red Sox turned into the greatest boon for charities in the history of New England sports philanthropy.
Article Tools
Overnight, the Yawkey Foundation II, created by the late Sox owner Jean R. Yawkey, swelled to a $368 million endowment from $30 million thanks to proceeds from the sale of the team and became one of the largest private foundations in the region. Attorney General Thomas F. Reilly also reached an agreement with the new Sox owners that they would create a charitable foundation and distribute at least $20 million within 10 years."
By Bob Hohler, Globe Staff | October 24, 2005
The 2002 sale of the Red Sox turned into the greatest boon for charities in the history of New England sports philanthropy.
Article Tools
Overnight, the Yawkey Foundation II, created by the late Sox owner Jean R. Yawkey, swelled to a $368 million endowment from $30 million thanks to proceeds from the sale of the team and became one of the largest private foundations in the region. Attorney General Thomas F. Reilly also reached an agreement with the new Sox owners that they would create a charitable foundation and distribute at least $20 million within 10 years."
Women and philanthropy forum to spotlight the power of giving (Oct 25, 2005)
Women and philanthropy forum to spotlight the power of giving (Oct 25, 2005): "Women and philanthropy forum to spotlight the power of giving
October 25, 2005
by Chris DuPre
Well-known activist and philanthropic leader Hannah Rosenthal will keynote the daylong Seventh Biennial Forum on Women and Philanthropy, presented by the UW Foundation and the Women's Philanthropy Council on Thursday, Nov. 10.
Most presentations will be at The Madison Club. A luncheon address by Rosenthal will be at Monona Terrace.
The Biennial Forum on Women and Philanthropy is a special symposium for women who view philanthropy as leadership and as an investment in the future. Outstanding UW-Madison faculty members, alumnae, national leaders and students will take part in the day's sessions, which will focus on women as initiators, beneficiaries and sustainers of positive change."
October 25, 2005
by Chris DuPre
Well-known activist and philanthropic leader Hannah Rosenthal will keynote the daylong Seventh Biennial Forum on Women and Philanthropy, presented by the UW Foundation and the Women's Philanthropy Council on Thursday, Nov. 10.
Most presentations will be at The Madison Club. A luncheon address by Rosenthal will be at Monona Terrace.
The Biennial Forum on Women and Philanthropy is a special symposium for women who view philanthropy as leadership and as an investment in the future. Outstanding UW-Madison faculty members, alumnae, national leaders and students will take part in the day's sessions, which will focus on women as initiators, beneficiaries and sustainers of positive change."
The Community Foundation Survey
The Community Foundation Survey: "Community Foundation Survey
The Columbus Foundation Survey of Community Foundations was launched in 1988 to provide an overview and comparison of U.S. community foundations.
The survey reports on gifts received, grants paid, and the market value for U.S. community foundations, along with rankings of the top 100 community foundations in those categories. It includes data from 2004 or the most recent fiscal year for which market value information was available; only current gift and grant data is included in the results. The survey includes funds, supporting organizations, and other public charities controlled by community foundations. The information sources used to generate the survey findings include results provided by individual community foundations, community foundation annual reports, and Guidestar.org"
The Columbus Foundation Survey of Community Foundations was launched in 1988 to provide an overview and comparison of U.S. community foundations.
The survey reports on gifts received, grants paid, and the market value for U.S. community foundations, along with rankings of the top 100 community foundations in those categories. It includes data from 2004 or the most recent fiscal year for which market value information was available; only current gift and grant data is included in the results. The survey includes funds, supporting organizations, and other public charities controlled by community foundations. The information sources used to generate the survey findings include results provided by individual community foundations, community foundation annual reports, and Guidestar.org"
San Luis Obispo Tribune | 10/25/2005 | Dave Edwards/Nonprofit Strategies
San Luis Obispo Tribune | 10/25/2005 | Dave Edwards/Nonprofit Strategies: "Dave Edwards/Nonprofit Strategies
Not-for-profits must invest in leadership
The Tribune
WANTED: 'Visionary, energetic leader to run resource-starved nonprofit, trying to solve complex social problems. Low pay, long hours, no benefits but great intrinsic rewards. Must play multiple roles simultaneously in rapidly changing environment while competing directly for resources with other deserving agencies.'
Interested?
Leadership matters. It matters in the for-profit sector, and it certainly matters a lot in the not-for-profit sector. Yet funding good leadership for our local organizations is increasingly difficult."
Not-for-profits must invest in leadership
The Tribune
WANTED: 'Visionary, energetic leader to run resource-starved nonprofit, trying to solve complex social problems. Low pay, long hours, no benefits but great intrinsic rewards. Must play multiple roles simultaneously in rapidly changing environment while competing directly for resources with other deserving agencies.'
Interested?
Leadership matters. It matters in the for-profit sector, and it certainly matters a lot in the not-for-profit sector. Yet funding good leadership for our local organizations is increasingly difficult."
newsobserver.com | Lifestyles
newsobserver.com | Lifestyles:
snip snip>
"'Schools are finding challenges with state and local budgets,' says Walter Sczudlo, executive vice presidents of the Association of Fundraising Professionals. 'Private fund raising is being looked at more and more as one of the ways to supplement those budgets.'
The practice has its critics."
snip snip>
"'Schools are finding challenges with state and local budgets,' says Walter Sczudlo, executive vice presidents of the Association of Fundraising Professionals. 'Private fund raising is being looked at more and more as one of the ways to supplement those budgets.'
The practice has its critics."
The Chronicle, 10/27/2005: Giving Bounces Back
The Chronicle, 10/27/2005: Giving Bounces Back: "Giving Bounces Back
Donations to the biggest charities increased by 11.6% last year
By Holly Hall, Leah Kerkman, and Cassie J. Moore
Donations to America's biggest charities grew by 11.6 percent last year, according to The Chronicle's 15th annual survey of the 400 charities that raise the most money in the United States."
Donations to the biggest charities increased by 11.6% last year
By Holly Hall, Leah Kerkman, and Cassie J. Moore
Donations to America's biggest charities grew by 11.6 percent last year, according to The Chronicle's 15th annual survey of the 400 charities that raise the most money in the United States."
Johns Hopkins Gazette | October 24, 2005-"Report Assesses U.S. Nonprofit Governance and Accountability
Johns Hopkins Gazette | October 24, 2005: "Report Assesses U.S. Nonprofit Governance and Accountability
Amid wide calls for reform, study offers first up-to-date look at actual practices
By Mimi Bilzor
Institute for Policy Studies
With Hurricane Katrina demonstrating anew the need for an effective and reliable network of private, nonprofit organizations to help meet urgent national problems, and recent calls from the Senate Finance Committee and others for increased regulation of nonprofit organizations, a new report from Johns Hopkins' Nonprofit Listening Post Project offers the first up-to-date information on the actual governance and accountability practices of U.S. nonprofit organizations."
Amid wide calls for reform, study offers first up-to-date look at actual practices
By Mimi Bilzor
Institute for Policy Studies
With Hurricane Katrina demonstrating anew the need for an effective and reliable network of private, nonprofit organizations to help meet urgent national problems, and recent calls from the Senate Finance Committee and others for increased regulation of nonprofit organizations, a new report from Johns Hopkins' Nonprofit Listening Post Project offers the first up-to-date information on the actual governance and accountability practices of U.S. nonprofit organizations."
BC Children's Hospital Foundation President Wins Top Philanthropy Award
BC Children's Hospital Foundation President Wins Top Philanthropy Award: "Sue Carruthers, President and CEO of BC Children's Hospital Foundation, has been awarded the prestigious Si Seymour Award by the Association of Healthcare Philanthropy (AHP).
The international award is the highest honour in the field of healthcare philanthropy and Carruthers is only the second Canadian to receive the award, which was instituted in 1970. It is presented annually to a professional who has shown outstanding leadership and fostered and promoted exemplary standards of excellence for volunteerism and philanthropic support."
The international award is the highest honour in the field of healthcare philanthropy and Carruthers is only the second Canadian to receive the award, which was instituted in 1970. It is presented annually to a professional who has shown outstanding leadership and fostered and promoted exemplary standards of excellence for volunteerism and philanthropic support."
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