High Point University gets $57 million in gifts, pledges
High Point University received $57 million in gifts and pledges in the past 14 months, all but $8 million of it from outside North Carolina.
Since January 2005, when Nido Qubein became its president, the school has raised over than $275 million without a capital campaign.
Gifts over the past 14 months included two of $10 million each, three of $5 million each, and 17 of $1 million each.
A total of $150 million in construction projects are underway at the school and funded entirely by philanthropic investors and operating revenues.
Those projects bring over 400 workers to the campus each day, including 250 to 300 for Frank L. Blum, contractor for projects on campus.
Wake Forest to study the ‘morally exceptional’
A team of researchers at Wake Forest University has received a $3.9 million grant from the Templeton Religion Trust to fund The Beacon Project, a three-year initiative to find and define the morally exceptional and better understand how to improve moral character.
Led by William F. Fleeson, a professor of psychology at Wake Forest, the team will look at individuals who have been publicly recognized for moral virtue, as well as next-door-neighbor moral heroes who have not received widespread attention.
The project will include competitions for psychology, philosophy and theology scholars around the world seeking funding for research on the morally exceptional; research projects by Wake Forest psychology and philosophy professors; two research conferences and a summer seminars; a website with project activities and resources; and a campus reading group and lecture series at Wake Forest.
SAFEchild raises over $800,000
SAFEchild raised over $800,000 in its annual fundraising campaign, exceeding its goal by $100,000.
Chairing the campaign, which raised the most since SAFEchild was founded in 1993, was Anita Blomme Pinther. Other campaign leaders were Rick Guirlinger, honorary chair, and Pat Wilkins, president of the nonprofit’s board of directors.
SAFEchild will use the funds, raised from over 1,000 individual donors, corporate sponsors and matching gifts, to support the needs of child-abuse victims and provide child-abuse-prevention programs to children and families in Wake County.
Life and Science Museum gets $450,000
The Museum of Life and Science in Durham has received a $450,000 grant from Biogen Foundation for science programming.
With the funds, the Museum will serve over 52,000 people a year through programs and expanded hours for the Lab at the Museum, take hands-on learning into the community with a new mobile science van, and support collaborative projects, including summer camp scholarships and community programming.
Greensboro Habitat raises $112,000
Habitat for Humanity of Greater Greensboro raised over $112,000 at its inaugural ‘Summer Bash’ at on August 28.
Held at Summerfield Farms, the event attracted over 300 guests and included a silent auction.
Presenting sponsor and co-host was Columbia Forest Products, and co-chairs were Amy Kreimer, Julie Tesh and Laurie Tesh.
Premier sponsor was VF Corporation, and foundation sponsor was Replacements Ltd.
Smart interim CEO at Reynolds Trust
Allen Smart, vice president of programs at the Kate B. Reynolds Charitable Trust in Winston-Salem, now also is serving as interim CEO with the departure of Karen McNeil-Miller, who has joined the Colorado Health Foundation in Denver as president and CEO.
Without goals, donors can feel unfulfilled, study says
Most donors know which charities they will support each year but only 22 have a mission statement or set of goals to guide their giving, says a new study from Fidelity Charitable.
A separate study, reported in 2014 in UBS Investor Watch, found only two in five donors are highly satisfied with the impact of their charitable efforts, and only one in five believe their giving is highly effective, Fidelity Charitable says.
Among 1,042 Fidelity Charitable donors it surveyed, 78 percent have a good sense of which charities they will support each year, and 53 percent know how much they will give, says its study, Giving and Planning.
Twenty-seven percent of women and 19 percent of men have developed a mission statement to guide their giving, it says.
Sixty-eight percent of full-time employees in their fifties plan to commit more time to philanthropy in the next five years, the study says, compared to 41 percent of all donors surveyed.
Twenty-five percent of retirees and 16 percent of full-time employees expect to spend over 20 hours a month on philanthropic activities.
And 29 percent of donors plan their giving further in advance after setting up a donor-advised fund.
Foundations’ investment returns decline
The average return on endowment investment fell for private foundations and community community foundations fell in 2014 from the previous year, a new report says.
Average returns for 142 private foundations, net of fees, grew 6.1 percent in 2014, down from 15.6 percent a year earlier, while average returns for 102 community foundations grew 4.8 percent, down from 15.2 percent, says the 2014 Council on Foundations–Commonfund Study of Investment of Endowments for Private and Community Foundations.
The declines reflect lower returns from domestic and international equity-based investments and some alternative strategies, says the report, which is based on data from 244 foundations with combined assets of $107.4 billion.
Returns for private foundations and community foundations averaged 11.1 percent and 10.5 percent, respectively, for three years, 9.2 percent and 8.7 percent for five years, and 6.3 percent for 10 years.
Fifty-nine percent of private foundations and 61 percent of community foundations reported increasing their grantmaking or mission-related spending in 2014.
The rate of increase on grantmaking or mission-related spending averaged 21.1 percent for private foundations and 33.9 percent for community foundations.
The spending rate for 2014 averaged 5.4 percent for private foundations, compared to 5.5 percent a year earlier, and 4.8 percent for community foundations, unchanged from a year earlier.
Peter’s Creek Community Initiative gets $22,000
Peter’s Creek Community Initiative has received a $22,000 grant from the Charles Babcock Jr. Discretionary Fund and the Community Fund at The Winston Salem Foundation.
The Initiative, organized under the guidance of The Shalom Project, aims to revitalize the Peters Creek area through community economic development to benefit residents, businesses, and other organizations.
Volunteer Center to recognize volunteers
The Volunteer Center of Greensboro will hold its 2015 Volunteer Recognition Luncheon on October 14 at Empire Room at Elm Street Center.
The Center is accepting nominations for lifetime achievement, youth volunteer, individual volunteer, volunteer program, and corporate group.
Each winner will receive a $250 grant from Connors Morgan to benefit its volunteer program.
Black Philanthropy Initiative seeks proposals
The Black Philanthropy Initiative at The Winston-Salem Foundation is accepting proposals for grants to support programs that support African- Americans in the areas of education, parenting and financial literacy.
The Initiative will make grants in amounts of up to $5,000 each.
The deadline for submitting proposals is September 29 at 5 p.m.
Kids Voting names director of student elections
David Cashwell, former deputy legislative intern in the Texas House of Representatives, , has joined Kids Voting-Guilford County as director of student elections.
Kids Voting-Guilford County works to prepare students in kindergarten through 12th grade to be educated, engaged voters and active citizens. Students vote in mock elections for local, state and national elections.
Band Together NC names volunteer leaders
Band Together NC, a Raleigh nonprofit that uses live music to promote social change, has named three event co-chairs for its 2016 partnership with Kidznotes in Durham.
The volunteer leadership team include Christina Coffey, vice president of retail services with CBRE Raleigh; Bo Heath, senior vice president and partner at McGuireWoods Consulting and McGuireWoods; and Cari Swann, manager of forecasting and analytics at First Citizens Bank.
StepUp adds eight board members
StepUp Ministry, a Raleigh nonprofits that provides employment and life-skills training, has named eight new members of its board of directors. They include Brendan Hale, director of career development at Baker Roofing; Kirby Jones, founder of The Daniel Center for Math and Science; Maria Lyons, a business-management and customer-service professional; John Martin, senior vice president and financial advisor at CAPTRUST; Robert Rehm, a partner at Smith Anderson; Keith Richardson, a mechanic at Newcomb and Company; Greg Sandreuter, managing partner at Beacon Development; and Harriet Stephenson, director of nursing education at WakeMed.