Philanthropy News Digest

Vol. 6, Issue 31
July 25, 2000

PND Reviews
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Off the Shelf
Grantmaking Basics: A Field Guide for Funders
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NPO Spotlight
Sanford Center for Aging
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RFP Bulletin
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Special Issues: To view the July 4 issue on Resources in the Arts as well as to access our previous issues dedicated to Education and Nonprofits & the Internet, visit the Philanthropy News Digest Special Issues page.

“I think most foundations operate like the newspaper business. There's a wall between business and editorial. Similarly, foundations have a wall, or at least a fence, between the investment side and the program side.”
— George Vera, chief financial officer of the David and Lucile Packard Foundation in Los Altos, California, commenting on the growing debate over socially responsible investing in the nonprofit world. (San Jose Mercury News 7/23/2000.)

In the News

Qwest Communications Founder Philip Anschutz to Donate Stock to Foundation

Fannie Mae Foundation Fellowship Program Honors Community-Development Leaders

Gates Foundation Announces $40 Million Commitment to Help Homeless

Leading National Theatres Program Announces Major Grants to American Theatres

Bay Area Nonprofits Debate the Importance of Socially Responsible Investing

Nonprofit Sector Research Fund Announces New Grants

National Committee for Responsive Philanthropy Releases Report on California Social Change Nonprofits

National Urban League Receives $1.5 Million Grant for New Research Institute

Detroit Institute of Arts to Establish Center for African American Art

Wallace-Reader's Digest Funds Help Museums Meet Community Needs

American Investor Makes $2 Million Gift to La Scala