Fund-Raising - No.16 - October 28, 1957

Sep 21, 2026

Uploaded by Skyler

Fund-Raising No.16 (Vol.3, October 28, 1957) compiles bulletin notes focused on fundraising practices and related institutional issues. It discusses accounting procedures for non-profit expenditures, outlines federal legislation for controlling charitable solicitation, and highlights major philanthropic contributions and grant figures. The issue also covers tax considerations for donors, including guidance on timing, deductions, and international treatment of charitable donations.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages4

Reading Time10 min

AccessFree to download

Fund-Raising

Acounting Procedures

Federal Legislation

Philanthropic Contributions

Taxes

31多AQk # A Compilation The Bulletin of News and Notes Related to of THE AMERICAN ASS0CIATI0N 0F FUND-RAISING (OUN SE L # Fund-Raising No.16 Vol.3 October 28,1957 QUOTE "Citizen volunteers must have a role that goes far beyond just fund raising.They must be encouraged and helped to become interpreters and doers for improv-ing the level of the total institutional structure which affects the lives of people.Inorder to achieve this,our training of lay leadership must emphasize objectives andvalue principles more than they do.Their contact with our agencies should givethem the type of knowledge about social problems that makes them better informedcitizens on the general welfare of the community."-Dr.Nathan E.Cohen, Proceedings of Third Annual Program Meeting,Council of Social Work Education. ## A CCOUNTING PROCE DURES of philanthropic institutions are subject of study published by The New York CommunityTrust. Recommending uniform procedures of accounting for non-profit organizations,the study suggests expenditures be grouped in three major categories:fund raising,public information,and administration. Study states category of fund-raising expense in use at present may beinadequate and misleading.Recommends fund-raising costs ...include all ex-penses whose primary purpose is the solicitation of contributions ...publicityand promotion expenses incurred ...starting a campaign,all campaign costs,and all the necessary clerical and office expenses necessary to implement thecampaign.Both direct and allocated expenses should be included. Majority of institutions now allocate public education material and servicesused in connection with fund raising to public education and information. ## FEDERAL LE GISLATION for control of solicitation of charitable contributions will be introduced in nextsession of Congress,Senator Javits of New York announces. ## PHILANTHROPIC CONTRI BUTION S are number one problem in community relations for plant managers,says PublicOpinion Index for Industry.Survey shows managers require clear picture ofcompany policy for giving and orderly procedure for handling requests. Ford Foundation which heretofore generally confined grants to educationand humanities will expend $400,000 to survey needs of creative arts.MeanwhileFoundation makes $760,000 grants in field of arts:$105,000 to City Opera of NewYork;$210,000 to American Music Center,to foster American symphonic music;$165,000 to New Orleans Opera House Association;$130,000 to Cleveland Play-house Foundation;$150,000 to Minneapolis Society of Fine Arts. Ford Foundation grants and appropriations totaled $49,187,371 in July-September quarter,including appropriations approved in previous quarters,suchas $24,500,000 to Woodrow Wilson Fellowship program to attract outstandingstudents to teaching careers.New York University received $295,000 to developmethod of measuring consumer as sets,saving s and debts.University of Poznan,Poland,received $80,000 for books.Program in support of training and researchin behavioral sciences and mental health was completed with total grants of $9,819,150,including $5 million for Center for Advanced Study in BehavioralSciences at Stanford.Overseas development programs received $5,681,430. In New York Herald-Tribune interview,President Heald defines areas ofFord Foundation emphasis for coming year as:New program in scientific andengineering education;grants to teacher education;support for study of metropolitanproblems;youth development;problems of aging;new program in humanities andcreative arts. New York Community Trust announces $570,000 in grants during first ninemonths of 1957. ## T AXE S Possibility Congress may cut taxes in 1958 causes tax advisors to suggest con-tributors explore advisability of making their annual contributions for 1957 and1958 within the present calendar year. Payment of two years annual contributions in present year would make itpossible to itemize the total for d

FAQs

What accounting procedures does the bulletin recommend for non-profit fundraising expenses?

It recommends grouping expenditures into fund raising, public information, and administration, and treating fundraising costs as including solicitation, publicity and promotion, campaign and campaign-related clerical/office expenses, including both direct and allocated expenses.

What federal legislative action is mentioned in the issue?

It states that legislation to control the solicitation of charitable contributions will be introduced in the next session of Congress, announced by Senator Javits of New York.

How does the bulletin advise contributors to think about taxes for 1957 and 1958?

It suggests exploring whether to make annual contributions within the current calendar year, discusses itemizing deductions if two years’ contributions are paid in the present year, and notes how potential rate changes could affect the effective cost of gifts.

Sep 21, 2026

Uploaded by Skyler