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While the still-struggling economy poses fund-raising challenges in 2012, the potential for changes in the tax code will motivate some wealthy people to step up their giving, two fund-raising consultants say.The consultants, Robert F. Sharpe and Barlow Mann, have made available a free hour-long Webinar on fund-raising advice and predictions for the coming year. Among the tax issues likely to spur giving, they say: Charitable deductions. Presiden…
An alumnus and trustee of Middlebury College has given the college 377 acres of land in Cornwall bordering the Vermont institution’s historic campus. The property is the largest and most significant that the college has received since Joseph Battell bequeathed 30,000 acres on Bread Loaf Mountain in Ripton in 1915. The gift is from trustee emeritus Willard T. Jackson, a 1951 graduate of Middlebury, who granted the land to the college in four parc…
Please forgive the shout out to the Lord of the Rings Trilogy. Giving is back and maybe better than ever or so it seems. Several news outlets or non-profits have announced significant gifts suggesting that big gifts are on the horizon. Judge for yourself: The Chronicle of Philanthropy reported 56 gifts of $20 million or more in 2010. So far in 2011, the Chronicle has reported 22 gifts of $20 million or more. At least 7 of these gifts were for…
…oward growing your constituent base is to select a course of action and execute your plan. Consider the case of Children’s Mercy Hospital & Clinics of Kansas City, which chose data mining to identify new prospects for its major giving program. Unlike many organizations that choose to outsource implementation of this valuable tool, Children’s Mercy Hospital & Clinics decided to build this capacityin-house in order to have ongoing and refin…
The Solomon R. Guggenheim Foundation and Museum and the BMW Group have announced the launch of a global initiative designed to engage the next generation of architecture, art, science, design, technology, and education leaders in addressing challenges likely to face the cities of the future. The BMW Guggenheim Lab will bring together teams of early- to mid-career professionals identified as emerging leaders in their fields to develop new concept…
The Robert Rausch-enberg Foundation is intending to increase the scale of its operations dramatically over the next 15 years. By then, it will be one of the largest grant-making bodies for the visual arts in the US, distributing as much, if not more, money every year than the Andy Warhol Foundation. It will also fund international artists, support philanthropic ventures and run a project space in New York and an artist residency in Captiva Islan…
The value of investments held by 143 nonprofit health-care organizations that participated in an annual study fell an average 21.2 percent in 2008 — by far the worst results since the study began in 2002, according to The Choricle of Philanthropy. Full-text post by Suzanne Perry is available via The Choricle of Philanthropy, 9/21/09. …
The Independence Community Foundation, by changing its tax status so it can raise money rather than simply rely on income from its roughly $50 million endowment, is now concentrating most of its fund-raising and all of its grant-giving on its Brooklyn neighborhood. The charity, to be renamed the Brooklyn Community Foundation, will be the first community foundation devoted to a single New York borough, as well as a potential rival to other group…
Please forgive the shout out to the Lord of the Rings Trilogy. Giving is back and maybe better than ever or so it seems. Several news outlets or non-profits have announced significant gifts suggesting that big gifts are on the horizon. Judge for yourself: The Chronicle of Philanthropy reported 56 gifts of $20 million or more in 2010. So far in 2011, the Chronicle has reported 22 gifts of $20 million or more. At least 7 of these gifts were for…
…entz Whaley Flessner on how the recovering economy will impact giving in 2010. We continue to believe that: The end of the recession means that much of the wealth destroyed over the past two years will begin to return. Since major gifts are asset based, not income based, the outlook for major gifts will improve. This will not happen overnight, and it will not happen to all donors at the same rate and levels; but the climate for extraordinary gif…
