Despite continued economic woes, a majority of the nation’s millionaires aren’t cinching their purse strings when it comes to charitable giving. Fifty-nine percent of millionaires agree they feel they have an obligation to give back to their community, according to a survey released Jan. 17 by PNC Wealth Management . The percentage remains the same [...]
Joan Thompson has been at the helm of the Mayflower Retired & Senior Volunteer Program for more than 35 years, but even she concedes that the charity’s days may be numbered. The Massachusetts nonprofit, which connects older people to volunteer opportunities, saw a 20-percent cut in its grant from the Corporation for National and Community [...]
West Virginia University has announced a $34 million gift from alumnus Ben Statler, co-founder and CEO of the private investment firm Gulf Coast Capital Partners, and his wife, Jo, to the university’s College of Engineering and Mineral Resources. The gift, which includes $11 million to be matched by the state’s Research Trust Fund, will support [...]
The US has been rated as the world’s most charitable country in 2011 by the Charities Aid Foundation’s (CAF) World Giving Index, up from fifth in 2010. The Irish Republic came second, then Australia, New Zealand and the UK. The survey suggested more people were likely to perform charitable acts this year compared with 2010, [...]
The seven people who filed into the offices of RSF Social Finance, a San Francisco nonprofit, one weekday morning last year spent much of their time on a single task: fundraising. But on that winter day, the nonprofit officials, all leaders of charities that work in food and agriculture, were gathered to learn what it [...]
A late surge of contributions in the last weeks of 2011 has made many charities hopeful of continued fundraising growth this year. But the picture is mixed. A Chronicle survey of 153 charities found that 55 percent raised more last year than in 2010, while one-third took in less and 12 percent stayed even. What [...]
Blacks, Hispanics, and other minorities give larger shares of their income than whites, a new study finds. Most of the donations go to organizations and causes that affect members of the same minority group. According to the report, almost two-thirds of black households make charitable donations, giving 25 percent more of their income than whites. [...]
Indiana University business school Dean Daniel C. Smith imagines a day when students huddle in small groups to videoconference with corporate leaders halfway around the world. Or they talk real-time with executives of companies scattered across Indiana to study and help solve their business problems. A $33 million grant from Lilly Endowment to the IU [...]
The massive earthquake that devastated Haiti two years ago prompted an outpouring of charitable donations and propelled a new way of giving — through text messages — into the public eye. A new study shows that text messages are becoming a viable avenue to give and receive charitable donations, even though the amounts people give [...]