The Chronicle of Philanthropy

N.Y. College Receives $85-Million Gift
September 25, 2009

September 24, 2009, The Chronicle of Philanthropy - The businessman Raymond A. Rich has bequeathed a 60-acre estate valued at approximately $75-million to Marist College, in Poughkeepsie, N.Y., along with a $10-million cash gift. Mr. Rich, who lived primarily in Boca Raton, Fla., died in June at 97.

In Hard Times, Charities Urged to Do More to Recruit Minority Workers and Volunteers
September 25, 2009

Washington, September 24, 2009, The Chronicle of Philanthropy - With 9.7 percent of American workers unemployed—a figure that will probably hit 10 percent “and linger there until sometime next year“—demand for the services charities provide will continue to increase, Rep. Emanuel Cleaver II, Democratic of Missouri, told an audience today at the Congressional Black Caucus Foundation’s 39th Annual Legislative Conference, here.

Recession Prompts Many Americans to Reduce Time Spent Volunteering, Study Finds
August 27, 2009

August 26, 2009, The Chronicle of Philanthropy — Seventy-two percent of Americans say they have cut back the time they spend volunteering and performing other civic activities in the past year — largely as the result of the recession, according to the study by the National Conference on Citizenship.

Americans Report Making $47-Billion in Noncash Gifts
August 26, 2009

Washington, August 26, 2009, The Chronicle of Philanthropy — Americans reported making donations of $46.8-billion in noncash gifts in 2006, counting only the taxpayers who took total deductions of more than $500 for such gifts during the year, according to a new report from the Internal Revenue Service.

Americans' Giving Unlikely to Rebound Anytime Soon, Survey Finds
August 6, 2009

August 6, 2009, The Chronicle of Philanthropy — Economists and politicians are pointing to signs of recovery in the stock market and other economic arenas. But a new survey suggests that Americans’ charitable giving and other discretionary spending are unlikely to return to pre-recession levels anytime soon.