Results for "charitable giving"

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Winners honored in NYC

October 10, 2010

Adopting a homeless teenager may seem like a huge commitment, but Sean and Leigh Anne Tuohy, the inspiration for the best-selling book and motion picture “The Blind Side,” said they get too much credit. “All we did was love him,” Mr....

A salute to the CLA finalists

September 12, 2010

Many of us rarely step out of our rigid routines to reach out to others. As much as we want to volunteer our time, donate money or lend a helping hand, we often seem consumed by work, taking care of our families and getting through our daily...

Fidelity launches charitable-planning service

July 21, 2010

Fidelity Investments has introduced a priority services group for high-net-worth investors in its Charitable Gift Fund. Often financial advisers don't feel comfortable providing charitable-planning advice so the firm wants to ensure that advisers...

Buffett, Gates urge billionaires to give half their money to charity

June 16, 2010

Microsoft Corp. co-founder Bill Gates and billionaire investor Warren Buffett are launching a campaign to get other American billionaires to give at least half their wealth to charity. Patty Stonesifer, former CEO of the Bill & Melinda Gates...

TAXES: IRA charitable-gift extension included in tax extenders bill

April 6, 2010

The bill passed by the Senate last month that extends expiring tax breaks includes a provision affecting individual retirement accounts. HR 4213 would allow tax-free rollovers from IRAs to charities to continue through the end of this year....

Estate tax expiration another blow to reeling charities

February 28, 2010

Charities are getting increasingly nervous that the repeal of the estate tax may mean fewer donations this year from wealthy investors who opt instead to leave their estates to their families. The estate tax expired Jan. 1 but is slated to be...

Estate tax expiration another blow to reeling charities

February 22, 2010

Charities are getting increasingly nervous that the repeal of the estate tax may mean fewer donations this year from wealthy investors who opt instead to leave their estates to their families. The estate tax expired as of Jan. 1 but is slated...

OSU, T. Boone Pickens tangle with Lincoln National

February 14, 2010

Oklahoma State University's athletic fund and Lincoln National Life Insurance Co. are embroiled in a legal flap over a failed funding plan for charitable insurance. Last month, the athletic fund, Cowboy Athletics Inc., along with oil-and-gas...

Oklahoma State U., T. Boone Pickens tangle with Lincoln National

February 8, 2010

Oklahoma State University’s athletic fund and Lincoln National Life Insurance Co. are embroiled in a legal flap over a failed charitable-insurance-funding plan. Last month, the athletic fund, Cowboy Athletics Inc., along with oil-and-gas magnate...

Amid flood of donor-fund assets for Haiti, a plea to stay the course

January 24, 2010

Wealthy individuals have been directing their donor-advised funds to contribute to Haiti relief efforts, and advisers are meeting with clients to help them set up long-term plans to aid the stricken nation. Through Friday, the Fidelity Charitable...

Reaching out to Haiti

January 18, 2010

Over the weekend, my daughter asked me what our family was going to do to help Haiti. She had seen the photos and television coverage of the devastation and was moved by the faces of the families and children facing so much hardship and uncertainty....

Financial firms, advisers join effort to help Haiti

January 15, 2010

Both large and small financial services firms joined the worldwide effort to relieve the suffering caused by the earthquake in Haiti. Independent financial advisers contacted clients through e-mails and tweets late last week, offering suggestions...

Despite tough economy, advisers are still giving

January 3, 2010

As soon as he heard that 13-year-old Margaret Hurt was in danger of losing the horse she had been riding since becoming sick with leukemia two years ago, Preston Byers agreed to donate $6,000 to help her buy Hoochie. “Every kid dreams of having...

Bob Dylan teams with donor-advised fund to fight hunger

December 15, 2009

The spiritual message of Bob Dylan’s soulful ditty about fate and consequences, “Gotta Serve Somebody,” is taking on a more down-to-earth meaning this year. Using a donor-advised fund, Mr. Dylan’s record label, Columbia/Epic, is channeling...

JPMorgan to donate $5M via Facebook

November 18, 2009

JPMorgan Chase is letting Facebook users help decide how to give away $5 million. The idea is to get small, local charities on Chase's radar. The "Chase Community Giving" will let Facebook users choose from more than half a million charities...

Madoff trustee seeks $7B from Fla. philanthropist

October 1, 2009

A trustee trying to recover Bernard Madoff's assets for jilted investors now says a Florida philanthropist should return $7 billion that he received from Madoff. That's $2 billion more than the trustee said Jeffry M. Picower should return when...

Schwab program targets private foundations

September 13, 2009

Schwab Charitable Fund today launched a service that helps organizations determine if they want to convert from a private foundation to a donor-advised fund. The Private Foundation Conversion Service was designed to help financial advisers who...

Schwab Charitable adds funds, open architecture

August 7, 2009

Investors in the Schwab Charitable Fund national donor-advised offering now have more investment choices. The fund from the San Francisco-based Charles Schwab Corp. yesterday announced the additions of four new options and an array of new underlying...

Fidelity Charitable Gift Fund reduces minimum to $250,000

June 22, 2009

The Fidelity Charitable Gift Fund today announced that its board has voted to reduce the minimum-asset requirement for its Charitable Investment Advisor Program. The move establishes a minimum of $250,000, which was reduced from $1 million....

Charitable giving declines for first time in 22 years, survey shows

June 10, 2009

Charitable giving last year experienced its first decline since 1987, the Giving USA Foundation reported today. Donations to charities totaled an estimated $307.6 billion in 2008, down from $314.1 billion in 2007, representing about a 2% drop...

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