Front Page
Gifts & Grants
Fund Raising
Managing Nonprofit Groups
Technology
Philanthropy Today
Jobs
Guide to Grants
The Nonprofit Handbook
Facts & Figures
Events
Deadlines
Current Issue
Back Issues
Directory of Services
Guide to Managing Nonprofits
Continuing-Education Guide
Fund-Raising Services Guide
Technology Guide
About The Chronicle
How to Contact Us
How to Subscribe
How to Register
Manage Your Account
How to Advertise
Press Inquiries
Feedback
Privacy Policy
User Agreement
Help
|
|
|
|
|
|
March 31, 2008
Donations to Lesbian, Gay, Bisexual, and Transgender Causes Increase
More philanthropists are making substantial bequests to help support lesbian, gay, bisexual, and transgender causes, reports the San Francisco Chronicle.
Over the last 30 years, gay nonprofit groups like the Astraea Lesbian Foundation for Justice, the Horizon Foundation, and the Pride Foundation have funneled millions of dollars into numerous HIV/AIDS treatment services, and civil-rights, social-advocacy and political campaigns. Such organizations have traditionally relied on large numbers of small donations, but that trend is changing.
According to Funders for Lesbian and Gay Issues, a New York group that advises grant makers, charitable donations made by donors in New York to gay organizations nationwide increased from less than $30-million in 2002 to $65.5-million in 2006.
And according to a survey of 1,300 donors conducted by the Horizon Foundation, about 52 percent said they are “very likely” to make estate gifts to gay causes, and 87 percent said they think it is “important” and “very important” to help future generations. The foundation estimates it will receive at least $35-million in future estate gifts to its lesbian, gay, bisexual, and transgender endowment fund.
“The success of this vision does not depend on any assumption that LGBT people are richer than the non-LGBT population,” said Roger Doughty, executive director of the Horizon Foundation. “All our projections are based on assumptions that we are ‘average,’ except that fewer of us have children and the lives of many reaching their ‘planned giving years’ have been deeply touched by the growth, struggles, and triumphs of the LGBT movement.”
Comments
Commenting is closed for this article.
Previous: South Korean President Promises to Give His Salary to Poor People
Next: Anonymous Giving Is on the Rise
Copyright © 2008 The Chronicle of Philanthropy
Seems that more and more ppl support GLBT. Just like the site BiLoves, more and more ppl would like to come here.
— garla Apr 1, 11:21 AM #