Statistics show healthy increase in charitable giving last year. The American Association of Fund Raising Counsel (AAFRC) Trust for Philanthropy has recently issued new estimates and figures of charitable gifts made in America in 1998. The statistics compiled in Giving USA 1999 indicate that charitable giving reached a record-breaking $175 billion last year. Giving from …Read More
Gates family gives $5 billion in stock Bill and Melinda Gates gave $5 billion worth of Microsoft stock to their private foundation, the William H. Gates Foundation, in June. This gift doubled the size of their foundation to just over $10 billion, making it fourth in the country’s top philanthropies in terms of asset holdings. …Read More
In this month’s “Gift Planner Profile,” we talk with Wayne Lynch, executive director of The Regency Foundation in Philadelphia. The Foundation, spearheaded by Mr. Lynch just over four years ago, provides support primarily for Philadelphia College of Bible. With 25 years of experience in fund development, Mr. Lynch shares his views on the gift planning …Read More
Editor’s Note: Last month Give & Take brought you the first in a series highlighting common misconceptions in the gift planning field. This month we are pleased to continue our discussion on the fallacies of planned giving with our second myth: “Most persons who make planned gifts are wealthy.” A major misconception that sometimes leads …Read More