DOLLAR$ AND SENSE
THE WOMEN’S FOUNDATION OF SOUTHERN ARIZONA recently announced the largest donation in its history, a $500,000 gift from co-founder Melody Rubidoux. The story ran atop Page One in the July 9 issue of the Arizona Daily Star. After phoning our congratulations to Dawne Bell and Laura Penny, local fundraisers began pondering an interesting thing about the gift itself. The principal will live in Foundation accounts. Earnings will be directed to projects selected by Ms. Rubidoux, making it a “donor advised fund.”
The donor advised fund is a hot topic this summer. Advancing Philanthropy magazine features donor advised funds on its cover and explores the growing variety of vehicles now emerging for these sorts of donations.
Most of us receive gifts routed through the Community Foundation of Southern Arizona, Jewish Community Foundation of Southern Arizona or corporate third parties responding to the wishes of their clients. Advancing Philanthropy examines a younger member of the donor-advised family: Social Finance, or “social investment.”
Outstanding community philanthropists will be honored at the 27th Annual National Philanthropy Day luncheon. On Thursday, November 19, 2015, at the Westin La Paloma Resort, five major awards will be presented to individuals and organizations whose philanthropic contributions and dedicated volunteerism improve the quality of life in our community. Congratulations to the 2015 Honorees!
Outstanding Philanthropist of the Year: The Alan & Jan Levin Family
Outstanding Corporate or Foundation Philanthropist: Marshall Foundation
Outstanding Volunteer Fundraiser: Jill Rich
Outstanding Fundraising Professional: Edna Meza Aguirre
Outstanding Youth in Philanthropy: San Miguel High School’s Club Pag-asa
MAP Dashboard: Measuring Progress. Inspiring Action.
August 14, 2015 7:30 am to 9:00 am
Learn how Tucson’s social and economic climate ranks with other Western cities, and how this free resource could arm you with data donors want to hear. Presented by: J. Clinton Mabie, President and CEO, Community Foundation for Southern Arizona as President and CEO J. Clinton Mabie joined the Community Foundation for Southern Arizona as President and […]