FN&C Now

Volume 7, Number 23 – May 30, 2006 IN THIS ISSUE AT THE COUNCIL: Council elects new officers and board members; sign up for Breaking News NEWS COVERAGE: Four corporations aim to fight AIDS in Africa; Center on Philanthropy at Indiana University receives grant for groundbreaking research project; Greater Milwaukee Foundation announces recipients of 2006 Shaw Scientist Awards JUST PUBLISHED: Study foresees a golden age of philanthropy in Greater Boston; report says business objectives most important to corporate grantmakers; fact sheet shows decrease in funding to Asian Pacific Americans NOW ONLINE: Points of Light Foundation launches website to help in disasters; read an essay by William E. Trueheart and Gregg S. Behr on government oversight of charities; read an interview with Gerry Salole, chief executive of the European Foundation Centre ACT NOW: Sign up for teleconference on mission-related investing ON THE MOVE: Rose Ann Cleveland (Cafritz); Bruce S. Trachtenberg (Communications Network); Michael L. Smith, Albert Yates and Edward A. McCabe (Lumina); Arthur Chen and Daniel Boggan (California Endowment); Lynda Burmeister (Bremer); Rudy Guglielmo Jr., Damian J. Pardo and Arelis M. Rodriguez, et al. (Hispanics in Philanthropy); Harold "Terry" McGraw III (Committee to Encourage Corporate Philanthropy); Jan Masaoka (CompassPoint) AT THE COUNCIL NEW OFFICERS AND DIRECTORS: During the 57th Annual Conference in Pittsburgh, the Council on Foundations elected officers, re-elected six current members and elected eight new members to its board of directors. Maxwell King, president of the Heinz Endowments, was elected to serve a two-year term as board chair. Officers elected to serve one-year terms are Vice Chair Kathryn Merchant, president and CEO, the Greater Cincinnati Foundation; Secretary Ralph Smith, senior vice president, the Annie E. Casey Foundation; and Treasurer Sherry Salway Black, trustee, the Hitachi Foundation. Re-elected for three-year terms are Connie Higginson, vice president of philanthropic programs, American Express Foundation; Olivia Maynard, trustee, Charles Stewart Mott Foundation; Judy Mohraz, president and CEO, the Virginia G. Piper Charitable Trust; Ralph Smith, senior vice president, the Annie E. Casey Foundation; Jeff Solomon, president, the Andrea & Charles Bronfman Philanthropies; and Arturo Vargas, trustee, Edward W. Hazen Foundation. Newly elected to serve three-year terms on the board are Michael Balaoing, vice president, Entertainment Industry Foundation; Sandra Hernández, CEO, the San Francisco Foundation; John D. Heubusch, president, the Waitt Family Foundation; Patrick Johnston, president and CEO, Walter & Duncan Gordon Foundation; Joan M. Prince, trustee, Greater Milwaukee Foundation; Ronald Richard, president and CEO, the Cleveland Foundation; and Sherece West, executive director, Louisiana Disaster Recovery Foundation. In addition, Theresa Fay-Bustillos, executive director, Levi Strauss Foundation, was elected to serve a two-year term. Read more: http://www.cof.org/Content/PressRelease/Display.cfm?pressReleaseID=3722 . 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, as well as members and staff of our colleague organizations. Subscribe by e-mailing your name, title and foundation name to media@cof.org. NEWS COVERAGE AIDS FIGHT: Four members of the Global Business Coalition on HIV/AIDS pledged to do more to fight AIDS in Africa, in part to encourage more corporations to take action. Standard Chartered and Accenture will provide additional staff and management expertise to help countries manage HIV/AIDS projects more efficiently. Nike and Becton Dickinson and Company will provide $200,000 each for HIV/AIDS programs. Read more: http://www.businessfightsaids.org/site/apps/nl/content2.asp?c=gwKXJfNVJtF&b=1009023&ct=2488499 . RESEARCH GRANT: The Center on Philanthropy at Indiana University received a $750,000 grant from the Bill & Melinda Gates Foundation to help fund data collection for its signature research project, the Center on Philanthropy Panel Study (COPPS). The largest and most accurate longitudinal study of charitable giving by households in the United States, COPPS looks at giving and volunteering by the same households over time and across generations as families mature, face differing economic circumstances, are affected by public policy shifts and encounter changes in family size and health, among other factors. The Gates grant will enhance the center's ability to raise another $750,000 in matching funds to support COPPS data collection in 2007 and 2009. Read more: http://www.philanthropy.iupui.edu/nr-Gates_grant.html . SCIENTISTS HONORED: The Greater Milwaukee Foundation named two winners of its 2006 Shaw Scientist Award: Aseem Z. Ansari, a University of Wisconsin-Madison assistant professor in the Department of Biochemistry, also with the Genome Center of Wisconsin; and Ava J. Udvadia, a University of Wisconsin-Milwaukee assistant professor with joint appointments in the Department of Biological Sciences and the Great Lakes WATER Institute. Ansari, who is working on transcription factors, and Udvadia, who is studying how neurons form connections in the developing vertebrate central nervous system, each receive $200,000 in unrestricted funds to pursue essential work for which it is difficult to secure funding. Read more: http://www.greatermilwaukeefoundation.org/content/view_article.xpl?article_id=152 . JUST PUBLISHED A GOLDEN AGE? In the next 50 years, an unprecedented scale of giving—almost $360 billion in total—will transform philanthropy in Greater Boston, according to research by Paul S. Schervish and John J. Havens of the Center for Wealth and Philanthropy at Boston College. Commissioned by the Boston Foundation, A Golden Age of Philanthropy? The Impact of the Great Wealth Transfer on Greater Boston found that approximately $1.25 trillion is expected to pass from one generation to the next in the Boston area: $297 billion to taxes, $739 billion to heirs, $47 billion for estate fees and $172 billion for charitable giving. In addition, the inheriting generation will give $187 billion of their own to charity. This report follows on the groundbreaking 1999 study by Schervish and Havens, which stated that more than $40 trillion would be passed from one generation to the next nationally between 2001 and 2050. When the foundation asked the researchers to examine Boston as a case study, they developed a methodology for examining a specific metropolitan area. Read more or download the report (PDF): http://www.tbf.org/About/about-L2.asp?id=3379 . CORPORATE PHILANTHROPY: Nearly half of the 77 corporate grantmakers in a Conference Board survey said the biggest change in their jobs during the last five years is aligning their giving program with business objectives and corporate reputation/branding. In Philanthropy and Business: The Changing Agenda, the Conference Board examined large corporations in Canada and the United States that represent a variety of businesses. Besides supporting business objectives, respondents reported that supporting civil-rights organizations and groups that focus on racial equality is a growing priority. More than one-third of the respondents said their biggest management challenge is measuring results and outcomes. More than two-thirds also responded that volunteerism is increasingly important to management. Read more or purchase the report: http://www.conference-board.org/utilities/pressDetail.cfm?press_ID=2877 . DECREASED FUNDING: Why is there a need to give more to Asian Pacific Americans? According to a fact sheet from Asian Americans/Pacific Islanders in Philanthropy, funding to Asians and Pacific Islanders totaled only 0.4 percent of all foundation giving in 2004, steadily decreasing over the past two years from 0.5 percent in 2004 and 0.6 percent in 2003. But, according to Census 2000, the number of Asian Pacific Americans increased by 75 percent between 1990 and 2000. The fact sheet, Giving to Asian Pacific American (APA) Communities, provides an overview of foundation giving based on recent Foundation Center research. Download the fact sheet (PDF): http://www.aapip.org/pdfs/Fact%20Sheet%20-%20Giving%20to%20APAs.pdf . NOW ONLINE DISASTER AID: After last year's devastating storms, communities from the battered Gulf Coast to New England are preparing for this year's hurricane season, which lasts from June 1 to November 30. To help disaster volunteer managers recruit volunteers with skills that match local needs following a disaster, the Points of Light Foundation and Volunteer Center National Network launched HelpinDisaster.org. "For the first time, there is a website that registers volunteers by skill area in a uniform way and makes this information securely available to the entire disaster volunteer management community," says Robert K. Goodwin, president and CEO of the Points of Light Foundation. Find out more: http://www.helpindisaster.org/1800Vol/OpenIndexAction.do . MOM, APPLE PIE AND CHARITY: The Nellie Mae Education Foundation posted "Mom, Apple Pie and Charity," by William E. Trueheart and Gregg S. Behr, in Viewpoints, its online commentary series. In their essay, Trueheart, president & CEO of the Pittsburgh Foundation, and Behr, president of the Forbes Funds, contend that the increase in oversight of America's charities by the federal government is "not entirely unwarranted," but conclude that if philanthropies are to keep public confidence and support in the current climate, they must be transparent in their practices and diligent in their self-regulation. Read the essay: http://www.edviewpoints.org/current_topic/index.htm . EUROPEAN PHILANTHROPY: The Charles Stewart Mott Foundation posted an interview with Gerry Salole, chief executive of the European Foundation Centre in Brussels. Salole discusses his professional background, the role of his organization and challenges facing philanthropy in Central and Eastern Europe. Read the interview: http://mott.org/news/detail.asp?newsid=439 . ACT NOW PROGRAM-RELATED INVESTING: The National Center for Family Philanthropy will hold the teleconference Maximizing Returns: Mission-Related Investing, Thursday, June 8, 2006, from noon to 1:30 p.m., ET. By divorcing grantmaking from investment strategies, many foundations use only a small portion of their fiscal power and influence in making an impact for good. Sharon B. King, president of the F.B. Heron Foundation, and Luther Ragin, vice president for investments, will discuss the foundation's long experience in using creative strategies for investing funds in ways that also affect the important issues they are tackling through their grantmaking. The teleconference is for board and staff members of family foundations, community foundations and their advisors. Registration is required. Find out more: http://www.ncfp.org/program-teleconferences.htm#d060806 . ON THE MOVE The Morris and Gwendolyn Cafritz Foundation named Interim Executive Director ROSE ANN CLEVELAND executive director. Read more: http://www.cafritzfoundation.org/About/spotlight.asp . BRUCE S. TRACHTENBERG is now executive director of the Communications Network. Read more: http://www.comnetwork.org/emails/news_update_may2006.htm . MICHAEL L. SMITH and ALBERT C. YATES were elected to the board of the Lumina Foundation for Education. EDWARD A. MCCABE retired as founding chairman. Read more: http://www.luminafoundation.org/newsroom/feature/051506.html . The California Endowment appointed ARTHUR CHEN and DANIEL BOGGAN to its board. Read more: http://www.calendow.org/news/press_releases/2006/05/051506.stm . On May 31, LYNDA BURMEISTER will retire as grants manager of the Otto Bremer Foundation, after 26 years with the foundation. Read more: http://www.nng.org/news_detail.html?news_id=81 . RUDY GUGLIELMO JR., DAMIAN J. PARDO, ARELIS M. RODRIGUEZ and MIGUEL SATUT were elected to the board of Hispanics in Philanthropy. Read more (PDF): http://www.hiponline.org/NR/rdonlyres/12E4A025-54FB-4E2D-8CFC-9C681C85AB7C/351/NewBoardMembersPressReleaseMay2006.pdf . HAROLD "TERRY" MCGRAW III, is now chairman of the Committee to Encourage Corporate Philanthropy (CECP). Read more: http://www.corporatephilanthropy.org/press/PR/2006/may/McGrawChairman.doc . This fall, JAN MASAOKA will leave her position as executive director of CompassPoint Nonprofit Services. SPECIAL OFFER The Council on Foundations has a special offer made possible through the Building Strong and Ethical Foundations program. New foundations can receive a half-priced non-member registration rate at any Council conference. In addition, they can also join the Council and receive half-priced membership dues. Your foundation may qualify—even if you've been grantmaking for several years. For specific eligibility information and more details, please contact the COF Membership Department at 202/467-0291. 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: 9.20.06