Vol. 1, No. 2
February, 2007

In this issue:

February Program Recap

Upcoming AGF Programs

Grants/Contributions Received to Support AGF

Member News

Philanthropy News

Engaging Boomers in Nonprofit Endeavors
March 22, 2006 | 11:30am - 1:30pm
Burton Barr Library

This program is OPEN to Nonprofits & AGF Members. Click here or the image above to learn more or register.

If you are a funder or a nonprofit leader who wants to learn more about effectively engaging Arizona’s aging citizens in nonprofit work, this is a “must” session for you. Nonprofits will be going through a transformation in the next few years as they experience the exodus of many of their Boomer leaders to retirement.

This AGF program brings together national and local leaders who have been thinking about the issues related to this transformation and what nonprofits might do to take full advantage of this human resource goldmine. Coming of Age is an initiative in Greater Philadelphia that’s been effective in promoting civic engagement, lifelong learning and community leadership among individuals over 50. They’ve also helped nonprofits build their capacity to offer compelling volunteer opportunities.

The Virginia G. Piper Charitable Trust and the Arizona Community Foundation have invested considerable resources exploring ways to enhance the quality of life for Arizona 50 population, many of whom are now transitioning to a new life stage.

AGF February Program
Funding Youth Civic Engagement Programs

Upcoming Programs

To reserve a seat at any of the programs listed, please contact Madia Logan at mlogan@arizonagrantmakersforum.org.

Thurs March 22 Engaging Boomers in Nonprofit Endeavors Nonprofit Organizations will be going through a dramatic transformation in the next few years as they experience the exodus of many of their Boomer leaders to retirement. Speakers include Nancy Henkin, Cofounders of Coming of Age and founder and Executive Director of Temple University's Center for Intergenerational Learning Carol Kratz, Senior Program Officer, The Virginia G. Piper Charitable Trust Jacky Alling, Senior Program Officer, Arizona Community Foundation . 11:30am - 1:30pm, Location: Burton Barr Public Library Open to Nonprofits & AGF Members. Click here or the image above to learn more or register.

Tues April 3 - Thurs April 5 Native Americans in Philanthropy Institute
Fort McDowell Resort Scottsdale, Arizona
AGF is proud to help co-sponsor with Native Americans in Philanthropy to present this national conference. Native Americans in Philanthropy was founded in 1990 as a national nonprofit whose mission is to engage Native and non-Native peoples in understanding and advancing the role of philanthropy through practices that support Native values for current and future generations. www.nativephilanthropy.org

Thurs April 26 Strengths & Weaknesses of the Darwinian Approach to Funding Nonprofits An informal discussion of what funders feel is their role in supporting mature nonprofits that may no longer be effective. Why do some funders decide to stop funding an agency when it seems to have outlived its purpose while others seem to continue to fund them? 11:30am - 1:30pm, Location: Flinn Foundation Open to AGF Members Only

2007 Grants in Support of AGF

AGF receives revenues from three primary sources: Dues, Program Revenues and Grants/Sponsorships. We are grateful to the following members who, in addition to their dues, committed to supporting AGF in 2007 with general operating dollars and/or program underwriting:

Leadership Circle:

• BHHS Legacy Foundation
• Dorrance Family Foundation
• The Lodestar Foundation
• Nina Mason Pulliam Charitable Trust
• The Stardust Foundation

Partners Circle:

• APS
• Mr. Tom Chauncey
• Salt River Project

Program Hosts:

• Mr. Tom Chauncey
• F2 Family Foundation
• Phelps Dodge Corporation

Member News

Grant Announcement | US Airways
The US Airways Community Foundation supports multi-year capital and building campaigns by 501(c)(3) non-profit organizations operating in US Airways’ hub markets of Charlotte, Philadelphia and Phoenix. The spring Grant application deadline is fast approaching. Grant applications are available at the website. Visit the Community Foundation link. Applications are due April 1. Click here to learn more.

BHHS Legacy Foundation | Vice President of Program Development
BHHS Legacy Foundation is recruiting for a Vice President - Program Development for its Northern Region who will report to the Foundation CEO and will be one of two Vice Presidents. The Foundation's Northern Region serves the greater Bullhead City and Laughlin (Nevada) area communities. The Foundation's mission is to enhance the quality of life and health of those we serve. The Foundation is committed to the following community grant funding priority areas: (1) Increasing and improving access to medical and dental care; (2) Improving community health; (3) Developing and expanding Arizona's healthcare workforce, and (4) Supporting community efforts focused on healthcare and related issues.

The Foundation offers competitive compensation and benefits commensurate with experience and qualifications. Please send a confidential resume and salary requirements to Gerald L. Wissink, CEO, by e-mail to gwissink@bhhslegacy.org.

Scholarship Announcement | Nina Mason Pulliam Charitable Trust
The Nina Mason Pulliam Legacy Scholars program in Arizona and Indiana is accepting applications for the seventh Nina Scholar cohort. In 2001 the Trust established the Nina Mason Pulliam Legacy Scholars program to open doors of opportunity and education for men and women who do not qualify for "traditional" college financial aid. The Trust is sponsoring eight students at Arizona State University, 15 students at Maricopa Community Colleges, seven students at Indiana University Purdue University Indianapolis and 12 students at Ivy Tech State College Central Indiana Campus.

Application deadline is April 1, 2007. For further information about applying to the Nina Mason Pulliam Legacy Scholars program, contact: - ASU, nina.scholars@asu.edu or call Cory Gonzales at 480-727-6561. - Maricopa Community Colleges, nina.scholars@domail.maricopa.edu or call Susan Taffer at 480-731-8619. - IUPUI, nina@iupui.edu or call Charles Johnson at 317-278-7878. - Ivy Tech State College, cbush15@ivytech.edu or call Cheri Bush at 317-921-4617.

Philanthropy News & Resources

Fannie Mae Announces New Office of Community and Charitable Giving
Fannie Mae has announced the creation of a new Office of Community and Charitable Giving that will build on the corporation's philanthropic and housing community development work, including significant new investments in the nation's capital.As part of the transition, the Fannie Mae Foundation will cease day-to-day operations as of April 30, with its remaining activities being phased out over the course of the year. Click here to read the whole article.

About 4% of Wall Street Bonuses Will Go to Charity
A new study of more than 200 financial executives who received bonuses in 2006 of $2-million or more in cash shows that Wall Street bankers and traders are giving 4 percent of their bonuses to charity, The Wall Street Journal reports. Far more is going to luxury goods, the survey found. About 11 percent of their payouts, on average, are being spent on watches and jewelry. The biggest share, 16 percent, is going to the purchase of new homes. Those receiving bonuses of $5-million or more gave the same proportion to charity as those who received smaller bonuses. Russ Alan Prince, president of Prince & Associates, the Redding, Conn., company that conducted the survey, said, "This is not an especially generous group."

Universities Saw Donations Rise in 2006
The Chronicle of Philanthropy reported that private donations to American colleges and universities increased 9.4 percent in 2006—or $2.4-billion more than in 2005, for a total of $28-billion, reports The Chronicle of Higher Education. The findings come from a report released yesterday by the Council for Aid to Education. While the amount of money given by alumni and other donors increased in 2006, the alumni-participation rate dropped from 12.4 percent in 2005 to 11.8 percent in 2006—continuing a downward trend that started several years ago. The director of the study, Ann E. Kaplan, notes that “more institutions are asking” for donations by conducting big capital campaigns, several of which are looking to raise $1-billion or more. Stanford University began a $4.3-billion campaign last year—the largest higher-education capital campaign in the United States.

Wealthy Young Adults Turn to Philanthropy
More and more young people are looking for ways to use their inherited wealth for social good, forming a new wave of foundation and charity leaders, reports U.S. News & World Report. The next few decades will see baby boomers leaving their wealth to their children and grandchildren, thus creating a potentially significant source of charitable giving. Boston College researchers estimate that bequests may total $41-trillion through 2052. Rather than spending most of the money on themselves, young heirs are opting to start their own philanthropic organizations. Groups such as Resource Generation, an organization in New York that guides wealthy young philanthropists and is supported by the Ford, Kellogg, and Surdna foundations, have formed to assist heirs in becoming effective donors and foundation leaders. .

America's Top Donors
America’s 60 most-generous donors broke philanthropy records last year, according to The Chronicle of Philanthropy’s annual survey. Besides giving larger sums than in the past, many donors are expanding beyond traditional recipients of their largess, The Chronicle reports. The Chronicle produces the list in cooperation with Slate magazine, which has posted several articles about philanthropy on its website, including a look at a new book on foundations and suggestions for ways to encourage more wealthy Americans to give.