It is a wonderful surprise when an executor calls to inform that one's college has been remembered in an individual's estate, either for a future gift or one that is being distributed. Leaving this legacy often enriches the final years of a donor's life. But too often, these opportunities are left to chance because community college development…

The process of reaching out to donors and securing gifts from alumni and other community members presents its share of challenges for community colleges. But, as funding experts Richard H. Morley and Mike Gaudette of the Council for Resource Development write in "Gift Planning: You Can't Afford Not To," there exists a huge financial incentive for…

College endowments have beaten the market so consistently in recent years, it is not surprising that individuals would like to take advantage of that institutional wisdom to invest their own money. Increasingly, many are. A small but growing number of universities are trying to entice donors to invest their trusts alongside college endowments,…

There's an urban legend which holds that community college graduates who go on to earn degrees at other institutions develop a stronger loyalty to the college that granted their highest degree. Perpetuating this legend is a limiting belief that keeps fundraising professionals from taking necessary steps to fully develop the potential that exists…

The author characterizes himself as an experienced corporate executive, an experienced corporate board member, an active volunteer, and a pretty active donor to a number of causes that he thinks are important. But he is not a terribly experienced charitable-board member, so he sees things from the perspective of a new philanthropist and found that…

The Supreme Court of Virginia has ruled in favor of Randolph College in two lawsuits brought by students and alumnae donors upset that the institution, formerly Randolph-Macon Woman's College, went coed last fall. In one case, the court ruled against a group of students who argued that the decision to enroll men was a breach of contract. The…

The legal terrain regarding institutions' rights for use of major charitable gifts has clarified somewhat in recent months. While this may encourage institutional fundraisers, it is also clear that extreme care still must be taken about the acceptance and terms set for use of transformational gifts. As recent lawsuits demonstrate, careful planning…

This guide includes entries for 2,905 foundations and is intended to aid grant-seekers looking for foundation support of higher education. The foundations included hold assets of $1 million or more or give at least $100,000 annually and have expressed a substantial interest in higher education. Preliminary information includes a discussion of the…

This paper chronicles the life of George Peabody, intermingled with anecdotes on how the researchers gathered data in their studies. A brief overview of Peabody's life introduces the paper with a personal narrative of how the authors' search for details on his life began. Both researchers had affiliations with educational institutions resulting…

This brief paper recounts the life of the extraordinary George Peabody, renowned for his educational philanthropy. Peabody is remembered for his wealth amassed as a merchant and banker, yet he also was the founder of modern educational philanthropy that lives on in seven Peabody libraries, the Peabody Conservatory of Music, three Peabody museums,…

The best way to support charitable causes after tax reform is planned giving. Seven changes in the new tax laws that may affect donors are identified: charitable deduction, fewer deductions, fewer itemizers, increased capital gains tax, alternative minimum tax, generation-skipping tax, and retirement plan restrictions. (MLW)

Major implications for fund raising in higher education due to the Tax Reform Act of 1986 are discussed. A list of fund- raising resolutions includes: going back to basics and working harder; consequences of last year's donation rush; and answering questions on the new alternative minimum tax. (MLW)

A Memphis-based attorney was asked for advice on the ethics of planned giving. The bottom line is that the donor's interests come first. (MLW)

Describes how Iowa State University's mishandling of a bequest of farmland (the land was sold despite a directive that it be maintained by the university) cut to the heart of both its own credibility and the region's source of pride. (EV)

A tax professional experienced in trusts advises college and university fund raisers and public relations professionals on trust management issues and their role in the trust relationship. Focus is on communication with the donor and on solving situation-specific problems. Examples are offered. (MSE)