House of Representatives Passes Giving Incentive
The U.S. House of Representatives on Wednesday passed a bill that would renew a tax break that encourages older Americans to give money from their individual retirement accounts to nonprofit causes. Until December 31 of last year, donors age 70½ or older were able to transfer up to $100,000 to…
Lawmaker Proposes New Twist on IRA Donation Incentives
Lawmaker proposes new twist on IRA donation incentives
The Generation Gap in Fund Raising Is a Myth
The generation gap in fund raising is a myth
Even with all the attention the Bill & Melinda Gates Foundation has received — especially after Warren Buffett pledged most of his fortune to the philanthropy — even some of the best-informed Americans cannot summon to mind the name of a single foundation. A poll of community leaders discussed at a…
How Foundations Can Best Help the Poor
Newt Gingrich, the former U. S. Speaker of the House, said he was against trying to get philanthropy to find the “perfect planning model” and “dubious” of efforts in the U. S. Senate and elsewhere endeavoring to “fine tune” philanthropy.” He said he did not see a “single best path” for philanthropy…
More Than Money: How Foundations Can Help After a Disaster
In the aftermath of a disaster, foundations can bring to bear more than just their grant dollars as they help communities rebuild, James A. Joseph, chairman of the Louisiana Disaster Recovery Foundation, in Baton Rouge, told participants at the Council on Foundations annual meeting. Mr. Joseph…
Brace for Tough Times, Grant Makers Warned
Robert Rubin, the United States Secretary of the Treasury during the Clinton administration, told grant makers at the meeting that the nation’s economy was facing “the most complex set of circumstances” in his lifetime. Mr. Rubin, director of the executive committee of Citigroup, the…