Corporations have found the promise of providing a college education to the children of employees--without the recognition of income to the parent-employee--to be a popular fringe benefit. The Internal Revenue Service has attacked educational benefit trusts in Revenue Ruling 75-448. Implications are discussed. (LBH)

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)

Describes five model philanthropic programs that provide funding to Native American causes. Indicates that Native Americans are creating their own foundations and working as partners with non-Indian philanthropies. Discusses the Seventh Generation Fund, American Indian College Fund, Eagle Staff Fund Collaborative, Montana Community Foundation, and…

Reviews historical trends in U.S. philanthropy toward Native Americans, including the "missionary and chief making era" (1819-1940s), "political leadership era" (1940s-1960s), "issues and rights era" (1960s), "institutional era" (1970s), "self-sufficiency era" (1980s), and present day efforts. Highlights obstacles that prevented the success of…

Planned giving officers represent their institution of higher education, and the best way to represent the institution is to focus on the best intentions of the donor. Failing to consider the donor's needs and wants could lead to loss of institutional credibility, reputation, and financial stability. (MLW)

Offers strategies for teachers of the gifted to increase their budgets through fund development, including annual giving, capital campaigns, endowments, and planned giving, such as irrevocable and revocable charitable gifts. Teachers are urged to do research, follow procedures, get organized, keep accurate records, appoint strong leadership, and…

Argues that to manage a tribe's investment portfolio well requires knowledge of the tribe's needs as well as of the money management industry and its concepts and language. Discusses opportunities for the investment of tribal funds, examining mutual funds, the use of investment advisors and consultants, diversification, and levels of risk. (MAB)

H. A. Chadwick bought one-half interest in the Seattle "Argus" in 1894 and through this newspaper expressed the sentiments of the progressive movement of his time, a combination of reform-oriented and conservative forces. The newspaper was only six weeks old and deep in debt when Chadwick took over the editorial duties and he quickly…

The National Association of College and University Business Officers has taken major strides toward meeting the responsibility for establishing accounting and public reporting standards within the field of higher education. The need for improvement in the reporting procedures has been generally agreed on. It is imperative that revision of the…

The 1974 Comparative Performance Study includes 150 endowment pools representing 136 institutions. The market value of the pools which provided information as of June 30, 1974, was 6.9 billion dollars. The study identifies endowment pools by code and indicates each pool's investment objective, approximate market value, the percentage in cash and…

This report examines the law governing endowment funds in an attempt to determine its bearing on the formulation of a sound university investment policy, i.e. whether the law is a neutral factor, or whether the law limits the flexibility of directors of educational institutions and forecloses choices otherwise open to them. Part I of the report…

The case study examines the work of a coalition between certain women's groups in India and a nongovernmental charitable trust. The mission of the coalition is to empower Indian women, who generally possess neither land nor power, to care for their livestock. (CH)

Parents who wish their handicapped offspring to be financially provided for after their own deaths need to explore several ways of managing and distributing their assets, including: creating a will; disinheritance (to avoid loss of benefits; joint property and life insurance; and trusts and trustees. (CB)

Michigan's legislature has approved the only statewide plan to allow parents to prepay their child's tuition to any of the state colleges, state universities, or community colleges. Prepayment may begin any time from the child's birth until his or her 18th birthday, and the money will be invested in a trust. (MSE)

The process by which constitutional and trust law have blended together in the charitable trust field is examined. Focus is on whether a settlor can expect racial and religious restrictions in a charitable trust to be allowed, how to deal with them if they are, and what happens to the trust property if they are not. (LBH)