July 30, 2010

Why Fund Raisers Should Pay Attention to a Donor’s Art Collection

Posted in Philanthropy at 3:35 pm by philanthropynews

By Raymund Flandez

The philanthropist Ronald Lauder once said there are three categories of art: “Oh,” “Oh my,” and “Oh my God.” He only collects the latter.

And that’s the “OMG” prospect researchers should pay attention to, says Linlin Chen, a research analyst at the University of Chicago, in a presentation at the annual meeting of the Association of Prospect Researchers for Advancement, which is under way in Anaheim, Calif.

When trying to identify potential donors, it couldn’t hurt to do a bit of digging about what art they’re collecting. It’s an important indication of wealth and provides insight to a prospective donor’s interest, useful when starting a conversation and engaging donors at the cultivation stage. Such prospects tend to give to research programs, exhibitions, lectures, or institutions that house or show their art collections.

(Read more via Chronicle of Philanthropy.)

July 27, 2010

Non-Profit Printing Initiative For Local, National Charities

Posted in Philanthropy at 9:15 pm by philanthropynews

UPrinting.com, a leading socially responsible online printer and marketing company ranked among the top 500 fastest-growing U.S. private companies by Inc. Magazine (“Inc. 500|5000,” September, 2009), presents its innovative UCommunity Program. The initiative provides free and discounted printing services for local and national non-profits and registered charities.

Sponsorships to date include: AIDS Walk New York, Heart Gallery, KPBS, Operation Smile, Reef Check and Susan G. Komen for the Cure, among others. The announcement was made today by UPrinting.com marketing manager Samuel Nam.

Nam comments, “With charitable donations at an all-time low, UPrinting.com recognizes the need for low-cost and high-quality services for non-profit entities. The UCommunity Program makes any organization—regardless of size and with proof of their 501(c)(3) status—eligible for discounts and free online printing credits through a simple application process.”

(Read more via PNN.)

July 22, 2010

Rockefeller Foundation Honors Three New Yorkers’ Urban Activism

Posted in Philanthropy at 4:23 pm by philanthropynews

Today the Rockefeller Foundation announced the recipients of the 2010 Jane Jacobs Medal – Joshua David and Robert Hammond, Co-Founders of Friends of the High Line and Elizabeth Barlow Rogers, longtime and founding President of the Central Park Conservancy and current President of the Foundation for Landscape Studies.

The Medals are awarded each year to recipients whose work creates new ways of seeing and understanding New York City, challenges traditional assumptions and creatively uses the urban environment to make New York City a place of hope and expectation.

Joshua David and Robert Hammond, whose vision and collaboration transformed the once derelict High Line elevated railroad into one of New York City’s most unique parks, will receive the 2010 Jane Jacobs Medal for New Ideas and Activism. Elizabeth Barlow Rogers, a pioneer for her work in park management and landscape beautification – and perhaps best known for her 16 years with the Central Park Conservancy, will receive the 2010 Jane Jacobs Medal for Lifetime Leadership. Along with the Medal, Joshua David and Robert Hammond will receive $60,000 each and Elizabeth Barlow Rogers will receive $80,000.

(Read more via PNN.)

July 20, 2010

A Vow of Philanthropy

Posted in Philanthropy at 1:42 pm by philanthropynews

By SHELLY BANJO

Joan Hornig wants to make weddings less about gifts and more about giving.

This month the Wall Street financier turned jewelry designer is launching a line of wedding jewelry and gifts in partnership with marriage web site TheKnot.com called “Say I Do to Philanthropy.” All profits from the sales of the items go to the charity of the bride and groom’s choice.

Last year, the average wedding budget for New York couples was nearly $57,000, not including the honeymoon, according to a survey from TheKnot.com. Most couples spend thousands of dollars on jewelry, gifts and keepsakes for family and friends, Ms. Hornig says.

“There’s so much money spent at weddings, wouldn’t it be great to instead set some of that aside for charity?” Ms. Hornig says.

(Read more via Wall Street Journal.)

July 16, 2010

Bill Gates And Warren Buffett’s $600 Billion Charity Challenge

Posted in Philanthropy at 7:00 pm by philanthropynews

Philanthropists Bill Gates and Warren Buffett have asked 400 of the richest Americans to pledge half of their fortunes to their favorite causes either during their lifetimes or in their wills.

Both Gates and Buffett are worth about 50 billion dollars each, and both are large contributors to charity, including Buffett’s annual contribution to the Bill and Melinda Gates Foundation, which Gates has invested over 30 billion dollars in.

At GivingPledge.org, the two call upon other rich people to make a conscious commitment now rather than putting it off, and to go public with their pledges to motivate others to do the same.

(Read more from Look To The Stars.)

July 9, 2010

U.S. Job Growth Driven Entirely by Start-ups, Report Finds

Posted in Philanthropy at 7:27 pm by philanthropynews

Although conventional wisdom suggests that the annual net job gain at existing companies is positive, the fact is that net job growth in the U.S. economy occurs only through start-up firms, a new report from the Ewing Marion Kauffman Foundation finds.

Based on the U.S. Census Bureau‘s business dynamics statistics, the report, The Importance of Startups in Job Creation and Job Destruction (12 pages, PDF), found that both on average and for all but seven years between 1977 and 2005, existing firms were net job destroyers, losing a combined one million jobs per year. In contrast, during their first year new firms added an average of three million jobs. The report also found that while job growth patterns at both start-ups and existing firms were pro-cyclical, there was much more variance in job growth patterns at existing firms. Indeed, during recessionary years job creation at start-ups remained relatively stable, while net job losses at existing firms were highly sensitive to the business cycle.

(Read more via Philanthropy News Digest.)

July 6, 2010

Foundation Highlight: The Gary and Barbara Siegler Foundation

Posted in Philanthropy at 6:45 pm by philanthropynews

The Gary and Barbara Siegler Foundation emphasizes gifts to organizations benefiting underprivileged children and educational institutions. In addition, the Foundation has made gifts to hospitals and organizations helping sick children and adults. The Gary and Barbara Siegler Foundation has also made contributions to art institutions open to the public.

The Foundation was formed by finance veteran Gary Siegler in 1989 with a goal of helping to brighten the lives of less fortunate children by assisting organizations and institutions serving their needs.

July 2, 2010

Charities mimic Wall Street to woo wealthy donors

Posted in Philanthropy at 3:54 pm by philanthropynews

Charities are learning to mimic for-profit companies as a way to woo wealthy donors who see philanthropy as more than just a tax break and demand social returns on their investments, experts say.

Just speaking the language of Wall Street can make all the difference, said Cheryl Dorsey, president of non-profit Echoing Green, which awards start-up capital to social entrepreneurs.

“I marvel at what these Wall Street guys are giving us money to do,” Dorsey told a panel discussion at the National Conference on Volunteering and Service. “If we framed it in traditional social justice terms, they would run from us.”

But using traditional business terms to frame the goals, describe the impact of a nonprofit group and convince donors to fund their cause “really works,” Dorsey said.

(Read more via Reuters.)