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The news this week that October’s IRS Discount Rate will drop to 1.4%, the lowest rate ever, puts downward pressure on our ability to market gift annuities and charitable remainder annuity trust gifts because of the slide in the charitable deduction available.The good news, however, is that this historic combination of the lowest discount rate [...]
Mount Vernon Nazarene University President Dr. Dan Martin announced during Saturday’s commencement ceremonies that the institution has received a $10 million anonymous commitment, the largest in the university’s history. The historic gift will not only…
The last local heir of a family that helped establish what became Case Western Reserve University, Society Bank and University School has given one final gift to Cleveland. James Wood Williamson, a retired industrial engineer who lived in Canfield, die…
A fundraiser’s ultimate job is not to raise funds–it is to build relationships. Learn how to create purposeful and strategic cultivation by following these six steps. Posted with permission, Association for Healthcare Philanthropy
It’s a small case, really, easily lost among the thousands in New York City’s courts. A retired schoolteacher named Nina Viola Montepagani, born in a hospital in Brooklyn in 1952, files a lawsuit to change her birth certificate. She wants to remove t…
Indiana University will receive donations totaling $10.7 million from the estate of late philanthropist Ruth Lilly, the university announced Wednesday morning. The donation comes in the form of two gifts -$8 million for the Center on Philanthropy and a…
Japan Internet conglomerate Softbank Corp. says its CEO Masayoshi Son will donate $120 million of his personal wealth plus his salary until he retires to help tsunami victims.Softbank, the only Japanese mobile carrier offering the iPhone, said Monday t…
The retirement of approximately 78 million baby boomers has been the most widely anticipated demographic shift by gift planning experts in recent years.
In this expanded issue of the Occasional Papers, read how the economy, elections, and the rise of energy costs will affect your fundraising agenda in the lead article, “A Restless Time for Philanthropy,” by Bruce W. Flessner.
Is the U.S. economy headed into a recession? How will the current downturn in the stock market affect philanthropy? What can fundraisers do? Our January 2008 Client Advisory addresses these questions.
