$60-Million Fund Produced by Telephone Merger
The Bell Atlantic Foundation and the NYNEX Foundation have merged into a new philanthropy with $60-million in assets. Officials said that beginning in 1998, the fund plans to award $33-million to $35-million in grants to charities in New York and New England. The annual amount previously awarded by…
International conference outlines struggle between concern for common good and the ever-expanding global market As countries around the world move pell-mell toward a single global market and social culture, private citizens must join together to insure that the poorest and weakest do not get left…
By Stephen G. Greene
Contributor
Couple Gives $34-Million to 2 Minnesota Foundations; Other Recent Donations
Minnesotans Eugene and Mary Frey have given a combined $34-million to two community foundations in St. Paul. The Saint Paul Foundation has received $25-million, and the Catholic Community Foundation of the Archdiocese of Saint Paul and Minneapolis has received $9-million. Both gifts established…
Sources of Information on Mentor Programs
Following are organizations that provide information and assistance, or conduct research, on mentor programs: America’s Promise, 909 North Washington Street, Suite 400, Alexandria, Va. 22314; (703) 684-4500; http://www.americaspromise.org A national non-profit group led by Gen. Colin Powell,…
Big Brothers/Big Sisters Makes Big Changes as It Expands Its Services
John Cori, a volunteer at Big Brothers/Big Sisters of New York, didn’t know how to respond when his “little brother” started asking him questions about sex. “I wasn’t sure if I was handling it right,” says Mr. Cori. So he called the charity for advice. “My case worker gave me some great tips, but…
By DOMENICA MARCHETTI
Contributor
The roster of residents at the Actors’ Fund Nursing and Retirement Homes reads like the stage bill for a Broadway show. Sitting on six rolling acres in Englewood, N.J., the complex houses more than 100 retired actors, dancers, musicians, producers, set designers, sound technicians, and stagehands…
Extending the Hand of Friendship
As mentor programs take off, groups examine what works best In Philadelphia, 60 black churches are on a crusade to recruit adult congregation members to offer friendship, support, and guidance to 700 inner-city children. At the Hewlett-Packard Company, more than 1,500 employees are using electronic…
By DOMENICA MARCHETTI
Contributor
For Anonymous Donors, Offshore Philanthropy Can Be Appealing
Charles F. Feeney’s decision more than a decade ago to set up his ALSO SEE:2/06/97: A Donor’s Obsession With Secrecy9/20/99: Making Her Point in Public major philanthropies in Bermuda rather than his native United States is by no means unique. Hundreds of foundations have been created outside the…
By Jennifer Moore and GRANT WILLIAMS
A Donor’s Obsession With Secrecy
Non-profit leaders are debating the merits of anonymous giving in the wake of revelations that an Irish-American businessman gave ALSO SEE:2/06/97: For Anonymous Donors, Offshore Philanthropy Can Be Appealing9/20/99: Making Her Point in Public away more than $610-million in the past 15 years with…
By Jennifer Moore and GRANT WILLIAMS
Aaron Diamond Foundation is set to shut down -- as planned -- after donating $220-million in 10 years New York Many charities here will begin 1997 by saying goodbye to a beloved benefactor. On New Year’s Eve, ALSO SEE:A Sampling of Gifts from the Aaron Diamond Foundation 1987 - 1996 the Aaron…
By MARINA DUNDJERSKI
Contributor
A new organization fights an uphill battle for policies to create jobs and raise wages Sara Horowitz is trying to build an organization just like the American Association of Retired Persons -- but for people who work. “Work in America increasingly means part-time, temporary, and freelance…
By Paul Demko
Contributor