Giving expected to grow in 2017, ’18
Fueled by an increase in giving by foundations, charitable giving in the U.S. will grow by 3.6 percent in 2017 and 3.8 percent in 2018, a new report says.
Giving by foundations will grow 5.9 percent in 2017 and six percent in 2018, while estate giving will grow 5.4 percent in 2017 and 5.2 percent in 2018, says the report, The Philanthropy Outlook 2017 & 2018.
Researched and written by the Lilly School of Philanthropy at Indiana University ad presented by consulting firm Marts & Lindy, the report says giving by individuals will grow three percent in 2017 and 3.2 percent in 2018, while giving by corporations will grow 2.4 percent in 2017 and 2.7 percent in 2018.
Changes in overall giving both years are expected to exceed the most recent 10-year annualized increase in giving of 0.5 percent but will trail the most recent 25-year and 40-year annualized averages, the report says.
Spurring the growth in giving, it says, will be increases in the economy, reflected in the value of stocks, Gross Domestic Product and household income.
Giving to health is expected to grow 8.5 percent in 2017 and 79 percent in 2018, exceeding annualized averages over the most recent 40-year period, while giving to education is expected to grow 6.3 percent in 2017 and six percent in 2018, continuing strong growth trends in recent years, the report says.
Giving to support the public-society benefit sector, which includes giving to federated campaigns, United Ways, human and civil rights groups, national donor-advised funds and similar groups, is expected to grow 52 percent in 2017 and 5.4 percent in 2018.
The projections are based on 25 key predictors of giving developed through an econometric methodology that tested trends of thousands of combinations of economic variables with the potential of influencing each type of giving.
Z. Smith Reynolds awards $8.8. million
The Z. Smith Reynolds Foundation in Winston-Salem awarded 183 grants totaling $8.8 million in its fall grant cycle, including $75,000 to three North Carolina food banks to assist the victims of Hurricane Matthew.
The Foundation also named Allie Garrett, its former Fellow, to lead its environment portfolio on an interim basis as an associate program officer with the departure of Hawley Truax, environment program officer, who resigned to become southeast regional director for Environmental Defense Fund.
Foundation for a Healthy High Point gives $5.44 million
Foundation for a Healthy High Point approved $5.44 million in grant awards to 21 organizations in 2016 to support projects focusing on teen pregnancy prevention and early intervention, behavioral health, and other services.
Since it was established in 2013, the Foundation has awarded nearly $6.77 million in grants.
Veterans and homeless to get free dental services
Affordable Dentures & Implant, a Raleigh-based national network of dental practices, will partner with Brighter Way Dental Institute in Phoenix to deliver free dental implant, oral surgery and prosthetic treatment to hundreds of U.S. military veterans and homeless citizens.
The network of affiliated dental practices expects to contribute about $3.25 million in pro bono implant and prosthetic services in 2017.
About 400 volunteers – including affiliated practice owners, dental technicians and other auxiliary staff members – will travel from throughout the U.S. to Phoenix for six three-day sessions throughout 2017.
Opera Carolina names deputy director of philanthropy
Eileen M. Pronobis, former executive director of Faxton St. Luke’s Healthcare Foundation in Utica, N.Y., has been named to the new position of deputy director of philanthropy at Opera Carolina in Charlotte.
Moody leaving Winston-Salem Symphony
The 2017–18 season will be the 13th and farewell season for Robert Moody as music director of The Winston-Salem Symphony.
Moody will continue in his roles with both the Memphis Symphony Orchestra and Arizona Musicfest.
High Point University getting $2.5 million
High Point University has received a commitment of $1.5 million from David and Christine Cottrell, parents of a graduate of the school, to support an outdoor amphitheater, and a $1 million gift from BNC Bank to support Congdon Hall, which will house the Fred Wilson School of Pharmacy and the Congdon School of Health Sciences.
Habitat Greensboro getting $300,000
Housing Opportunities in Greensboro will donate $300,000 over the next three years to Habitat for Humanity of Greater Greensboro.
Habitat Greensboro, which has kicked off its 30th anniversary celebration, plans in March to build a house in 30 days; in June to work with the City of Greensboro to improve older neighborhoods; in July to create a “housing hub” containing multiple housing-assistance agencies under one roof, as well as a “learning center” to help homeowners with do-it-yourself projects; and in August to host a fundraising event to raise enough money in one night to build a complete house.
At a breakfast on January 11 at N.C. A&T State University, Habitat presented its Founders Award to Bob Kelley, who helped founding Habitat Greensboro and served as its executive director.
Women Givers to host event
Women Givers of Northeast North Carolina will host its ninth annual Power of the Purse & Pretties raffle and silent auction on February 4 at Arts of the Albemarle at 516 E. Main St. in Elizabeth City from noon to 2:30 p.m. to support charitable efforts in Camden, Gates, Pasquotank and Perquimans counties.
Event to benefit Poe Center
Poe Young Professionals will host The Poe Gala on February 11 from 7 p.m. to 11 p.m. at ArtSource at 4421-123 Six Forks Rd. in Raleigh to benefit the Alice Aycock Poe Center for Health Education.
Families Together raises $106,000
Families Together in Raleigh raised $106,000, exceeding its campaign goal by $6,000.