CharityAmerica.com Announces Alliance With Paul Schervish, Director of the Social Welfare Institute at Boston College.Business/Technology Editors BOSTON--(BUSINESS WIRE)--June 20, 2000 CharityAmerica.com, the online resource and solution site that offers comprehensive giving tools to nonprofits and their supporters, announced today an alliance with Paul Schervish, Director of the Social Welfare Institute at Boston College Boston College, main campus at Chestnut Hill, Mass.; coeducational; Jesuit; est. and opened 1863. Actually a university, the school's Chestnut Hill campus comprises colleges of arts and sciences and business administration, the graduate school, and schools of nursing . CharityAmerica.com and Schervish will work together to create a unique addition to CharityAmerica's existing philanthropy philanthropy, the spirit of active goodwill toward others as demonstrated in efforts to promote their welfare. The term is often used interchangeably with charity. causeway, a one-of-a-kind resource causeway. This new causeway will provide nonprofits and visitors with extensive information about the art and science of philanthropy and provide a new interactive medium for conducting research on philanthropy. "I'm thrilled that Paul is Paul I, 1754–1801, czar of Russia (1796–1801), son and successor of Catherine II. His mother disliked him intensely and sought on several occasions to change the succession to his disadvantage. joining our cause to revolutionize rev·o·lu·tion·ize tr.v. rev·o·lu·tion·ized, rev·o·lu·tion·iz·ing, rev·o·lu·tion·iz·es 1. To bring about a radical change in: Television has revolutionized news coverage. 2. the way society gives," explains Timothy McCarthy, Founder and President of CharityAmerica.com. "Together we will not only provide a resource that will help teach the power of philanthropy, but also provide a tool to determine and define the motivating factors behind the act of giving," continued McCarthy. Paul Schervish is a Professor of Sociology and Director of the Social Welfare Research Institute (SWRI SWRI Southwest Research Institute (San Antonio, TX) SwRI Southwest Research Institute (San Antonio, Texas) SWRI Sealant, Waterproofing and Restoration Institute ) at Boston College. Schervish is best known for his recent report, "Millionaires and the Millennium: New Estimates of the Forthcoming Wealth Transfer and the Prospects for a Golden Age of Philanthropy," which he co-authored with John Havens, Senior Research Associate at SWRI. The study estimates the wealth transfer over the next half-century to be between $41 trillion and $136 trillion. He is also known for directing the "Study on Wealth and Philanthropy," an examination of the strategies of living and giving among 130 millionaires, and the study "The Contradictions of Christmas: Troubles and Traditions in Culture, Home, and Heart." Along with Havens, he is currently directing "Dilemmas and Decisions Surrounding the Accumulation and Distribution of Financial Resources," funded by the T.B. Murphy Foundation Charitable Trust The arrangement by which real or Personal Property given by one person is held by another to be used for the benefit of a class of persons or the general public. , and " The Emerging Material and Spiritual Determinants of Charitable Giving by Wealth Holders," funded by the Lilly Endowment Lilly Endowment Inc., headquartered in Indianapolis, Indiana is one of the world's largest private philanthropic foundations and is among the ten largest such endowments in the United States. The endowment was founded in 1937 by J. K. Lilly Sr. and his sons Eli and J. K. Jr. , Inc. In addition, Schervish and Havens have recently completed the "Bankers Trust The Bankers Trust is a historic American banking organisation that was acquired by Deutsche Bank in 1998. It was originally set up when banks could not perform trust company services. 1998 Survey on Wealth and Responsibility," a study of 109 private individuals each with a net worth in excess of $5million, regarding their charitable giving and volunteering, attitudes about social issues, socially responsible investing Socially responsible investing describes an investment strategy which combines the intentions to maximize both financial return and social good. In general, socially responsible investors favor corporate practices which are environmentally responsible, support workplace diversity, , trust and estate planning Estate Planning The overall planning of a person's wealth, including the preparation of a will and the planning of taxes after the individual's death. Notes: Contrary to popular belief, estate planning involves much more than preparing a will, and it is not only for the and the transfer of values to heirs. "The timing couldn't be better for developing this new `causeway.' It's evident from the research I've conducted that the understanding of `wealth' is being redefined, and with that comes a shift on how much money is given away and the reasons behind the giving. People are coming into wealth at an earlier age, yet many don't have the experience or wisdom on how to make responsible donations. Similarly, the conception of philanthropy is undergoing revision. As philanthropy becomes more widespread and charitable gifts become larger, it is important to provide a resource to encourage responsible giving, and to conduct research on the meanings and motivations of giving," said Paul Schervish. He continues to explain, "However, giving isn't just about making monetary donations. It is about how people define and carry out financial care in their daily lives. As such, another goal we have is to help visitors determine what their personal definition of giving is and how to pursue it." The new causeway offers three resource causeways. One focuses on exploring the art and science of philanthropy and the reasons why people give. Another provides information on current research studies on topics such as "wealth transfer," and demographic patterns of those who give. The third pathway is interactive, offering dynamic online "snapshot (1) A saved copy of memory including the contents of all memory bytes, hardware registers and status indicators. It is periodically taken in order to restore the system in the event of failure. (2) A saved copy of a file before it is updated. " surveys for visitor's participation. Survey results will illustrate how Americans define giving and offer insight into attitudes on volunteerism vol·un·teer·ism n. Use of or reliance on volunteers, especially to perform social or educational work in communities. volunteerism . The site will launch in the fall of 2000. CharityAmerica.com strives to increase American philanthropy by uniting donors, volunteers, businesses and qualified charities across the nation using Web-driven technology. Guided by the commitment to meet the needs of all constituencies, CharityAmerica efficiently matches donors with charities and facilitates financial, in-kind donations, and volunteering in a way that was never before possible. CharityAmerica.com maintains quality affiliation standards while offering premium philanthropy solutions. |
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