FN&C Now

Volume 6, Number 12 – April 8, 2005 IN THIS ISSUE NEWS COVERAGE: Foundation giving reached record high in 2004; Kanyere Eaton named recipient of Emerging Leader, Changing the Face of Philanthropy awards; William T. Grant Foundation announces new scholars AT THE COUNCIL: Summary of April 5 Senate Finance Committee hearing on charities now online; seeking comments on Stewardship Principles for Independent Foundations; sign up for Breaking News JUST PUBLISHED: First report on LGBT grantmaking finds civil rights and same-sex marriages getting top support; Family Giving News focuses on effectiveness and excellence NOW ONLINE: Data on HIV/AIDS, tuberculosis and malaria worldwide available ON THE MOVE: Stephen B. Heintz (Center for Effective Philanthropy); Kim Galvin, Claudia Page and Sam Karp (California HealthCare); Cassandra Culley (Council on Foundations) NEWS COVERAGE RECORD GIVING: The beginning of a stock market recovery and higher levels of new gifts to existing foundations spurred foundation giving in the United States to an estimated high of $32.4 billion during 2004, according to the Foundation Center's report, Foundation Growth and Giving Estimates: 2004 Preview. "Foundations regained their footing in 2004," noted center President Sara Engelhardt, "but there will be no return to the boom years of the late 1990s soon." The report also includes the results of a survey on accountability issues to which nearly 57 percent of foundation leaders responded that calls for greater accountability and transparency were justified. Read more or download the report (PDF): http://fdncenter.org/media/news/pr_0503a.html . EATON AWARDS: Kanyere Eaton, executive director of The Sister Fund, is being honored as a new philanthropy leader and for her work in supporting projects for women of faith and color. Eaton will receive the Changing the Face of Philanthropy Award from the Women's Funding Network today and the Emerging Leader award from the Association of Black Foundation Executives tomorrow (during preconference activities at the Council on Foundations 56th Annual Conference in San Diego). Among Eaton's accomplishments: founding a giving circle with other black women leaders that funds projects to improve the lives of black girls. An ordained minister, Eaton has supported the Theological Renaissance Program, which aims to bring Latina, Anglo, Asian, African and Native American female theological scholars into a broader social context. Read more: http://www.cof.org/Content/PressRelease/Display.cfm?pressReleaseID=2509 . GRANT SCHOLARS: Five researchers in youth development are the latest William T. Grant Scholars. The program identifies promising researchers early in their careers—each will receive $300,000 in support over the next five years. The researchers include Rachel Dunifon, assistant professor of policy analysis and management, Cornell University; Tama Leventhal, associate research scientist, Institute for Policy Studies and assistant research professor of population and family health sciences, Johns Hopkins University; Clark McKown, research assistant professor of psychology, University of Illinois at Chicago; Lisa D. Pearce, assistant professor of sociology, University of North Carolina at Chapel Hill; and Renée Spencer, assistant professor, School of Social Work, Boston University. Read more: http://www.wtgrantfoundation.org/newsletter3039/newsletter_show.htm?doc_id=272401 . AT THE COUNCIL SENATE HEARING SUMMARY: A Council on Foundations summary of the April 5 Senate Finance Committee hearing, "Charities and Charitable Giving: Proposals for Reform," is now online. The summary page includes links to Senate resources, such as the hearing webcast, remarks from Chairman Charles Grassley (R-IA) and Ranking Member Max Baucus (D-MT), and the discussion draft of proposed reforms, as well as the Council's letter to committee members on the eve of the hearing and comments on the committee's discussion draft. Find out more: http://www.cof.org/government . STEWARDSHIP PRINCIPLES: The Council on Foundations released draft Stewardship Principles for Independent Foundations, based on guidelines developed by a working group of independent foundation leaders, to guide and strengthen foundation board governance, grantmaking and management. To receive feedback from independent foundations across the country, the Council is providing opportunities for listening sessions, teleconferences, phone conversations and written comments. Listening sessions will be held April 11 in San Diego, May 5 in Chicago and May 11 in New York City. Read the draft principles or register: http://www.cof.org/index.cfm?containerid=426 . FREE NEWS SERVICE: Breaking News is a free, daily e-mail newsletter summarizing the top articles—mostly from national and regional newspapers—about philanthropy. Breaking News is available to Council members only. Subscribe by e-mailing your name, title and foundation name to media@cof.org. JUST PUBLISHED LGBT FUNDING: The first report tracking foundation support of lesbian, gay, bisexual and transgender (LGBT) issues found that the fight for recognition of civil rights and same-sex marriages has received the most funding (24 percent), while children and youth received nearly as much (22.6 percent). Produced by Funders for Lesbian and Gay Issues, Lesbian, Gay, Bisexual and Transgender Grantmaking by U.S. Foundations says private foundations granted the majority of LGBT funding, yet their grants for LGBT issues account for just one-tenth of one percent of all private foundation giving. Download the report (PDF): http://www.lgbtfunders.org/lgbtfunders/docs/LGBT%20Fdn%20Funding%20Report%202002.pdf . FAMILY GIVING NEWS: The April 2005 Family Giving News looks at ways of determining whether philanthropy is effective. The issue also announces the National Center for Family Philanthropy's Pursuit of Excellence program and profiles the Zellerbach Family Foundation. Read the issue or subscribe: http://www.ncfp.org/FGN-Apr_2005/contents.html . NOW ONLINE GLOBAL HEALTH NEWS: GlobalHealthReporting.org is a resource for breaking news, reports, statistics and events from around the world related to HIV/AIDS, tuberculosis and malaria. The site, which is updated daily and designed for reporters, researchers and policymakers, is operated by the Kaiser Family Foundation, with support from the Bill & Melinda Gates Foundation. The site also provides free weekly e-mail updates on global health. Find out more: http://globalhealthreporting.org . ON THE MOVE The Center for Effective Philanthropy's board of directors elected STEPHEN B. HEINTZ, president of the Rockefeller Brothers Fund, to a three-year term. Read more: http://www.effectivephilanthropy.com/news/pressreleases/news_pr_040405.html . The California HealthCare Foundation named CLAUDIA PAGE senior program officer and KIM GALVIN director of human resources. SAM KARP joined as chief program officer in January. CASSANDRA CULLEY joined the Council on Foundations as staff accountant. SUBSCRIBE FN&C Now is published by the Council on Foundations to keep you in the loop by sharing news between bimonthly editions of Foundation News & Commentary magazine (FN&C Now Web archive: http://www.foundationnews.org/now/index.htm ). Please feel free to forward this message to your friends and colleagues who might enjoy it. To subscribe (it's free) to FN&C Now, send an e-mail to fncnow@cof.org . Questions or comments about FN&C Now? Contact Paula J. Kelly at 202/467-0261. To contribute a news item for consideration, please e-mail fncnow@cof.org . To unsubscribe, send a blank e-mail to leave-fncnow-4832R@int1.cof.org . To subscribe to Foundation News & Commentary, an award-winning magazine, please send an e-mail to fncsubs@cof.org , or visit our website at http://www.icnfull.com/cgi-bin/cobolscript.exe?cof/cofmain.cbl . Council on Foundations 1828 L Street, NW Washington, DC 20036 202/466-6512 webmaster@cof.org last update: 4.08.05