By Lynn Sygiel, editor, Charitable Advisors Leadership can be nurtured and cultivated. And in the past year, the Fort Wayne-based Foellinger Foundation has taken on that job. Since 2008, the foundation has worked to strengthen nonprofits in the Fort Wayne area, but it hasn’t stopped with its Invited-Initiative. Last year, it launched the Foellinger Center […]
By Lynn Sygiel, editor, Charitable Advisors Cheryl Taylor knows the effects of thoughtful, reflective grant giving. Since 2001, she’s been president of the Fort Wayne-based Foellinger Foundation, whose mission since its founding in 1958 has been to strengthen organizations in Allen County that serve children and families, particularly those with the “greatest economic need and […]
Organization: Private charitable foundation created in 1958. Assets: Estimated $185.1 million market value (as of 8/31/2016 fiscal year- end). Annual grants: Approximately $8 million grant payments (fiscal year 2016). Source of funds: Lifetime gifts from the late Helene R. Foellinger (1910-1987), owner and publisher of The News-Sentinel in Fort Wayne. Proceeds from the estates of […]
By Una Osili, director of research, Lilly Family School of Philanthropy Looking for some good news to start off the year? Nonprofit organizations and the people they serve can find encouragement in the anticipated charitable-giving climate. Giving in the U.S. will grow by 3.6 percent in 2017 and by an additional 3.8 percent in 2018, […]
By Nikki Kubly, director, BKD Throughout the years, I’ve received questions from not-for-profit organizations (NFP) regarding the costs and benefits of changing to a fiscal year-end. I’ve seen organizations transition from Dec. 31 to fiscal year-end for many reasons, but the overarching motive is the budget challenge. Many organizations with individual-driven contributions receive a majority […]
Fundraising in the UK received several hammer blows in 2016, on top of a continuation of strong negative currents for some income streams, and uncertainty over Brexit and worries over the US elections didn’t help our donors or trustees confidence either. The resultant mood around our Top Table gatherings of the leading fundraisers was sometimes […]
By Jim Dwyer, reporter, New York Times As it happens, Donald J. Trump is not the only person to announce plans to shut down a personal philanthropy, just the best known. This is the story of a man who made and kept that same promise. Nearly five years ago, Charles F. Feeney sat in a […]
By Bruce DeBoskey, The DeBoskey Group, The Denver Post Last year was a great year for philanthropy. It included record levels of giving and impact investing and more strategic approaches to charitable efforts. This year, 2017, will likely launch its own unique trends. I’ll be watching for these highlights: 1. Reduced tax incentives for giving […]