| March 2009 |
SPOTLIGHT ON... In the furtherance of our enthusiastic commitment to serving the charities we assist, Schiff Hardin's Tax-Exempt Organizations practice is proud to present our Philanthropic Spotlight. Each month, we will turn over the microphone to one of the many organizations we work with so that you can learn about some wonderful work that is being done to make the world a better place. With that, we are proud to introduce you to Children's Support Foundation.
Children's Village, Inwood House, and Safe Space — three leading New York youth service agencies — founded The Children's Support Foundation ("CSF"), a planned giving collaborative to create lasting support for New York's most vulnerable youth and young families. Together, the collaborative serves more than 30,000 young people and provides donors the opportunity to make a significant impact on child and family poverty in the New York metropolitan area. The agencies, known for their sound leadership and evidence-based programs, offer a spectrum of services which include child welfare, community-based health services, school-based teen pregnancy and AIDS prevention, youth leadership, young adult support services and specialized maternal health and family support services for pregnant and parenting teens. While planned giving programs often provide up to a third of revenues for medical and higher education institutions, very few human service organizations can afford the up-front costs to staff and maintain this specialized fundraising activity. "By pooling our talent, contacts and resources, each agency can build its expertise and capacity to establish more meaningful relationships with donors that could lead to significant endowment gifts or long-term program support. Future generations will reap the benefits," said Jeff Sobel, Vice President of Development for Safe Space. The effort is supported by a Professional Advisory Committee, which includes attorneys, accountants and financial planners familiar with planned giving. The Children's Support Foundation is committed to alleviating the causes of child and family poverty. Together, they intervene with New York City children and youth at every critical juncture of their development. CSF beneficiaries include:
These longstanding social services agencies have a shared mission to support vulnerable youth, helping them to break the cycle of poverty and build brighter futures for themselves and their families. For more information on the Children's Support Foundation or its beneficiaries, please contact Jeff Sobel at 212-226-3536 or visit www.childrenssupportfoundation.org. RECENT PUBLICATIONS
ABOUT SCHIFF HARDIN LLP Schiff Hardin LLP is enthusiastically committed to serving the legal needs of tax-exempt organizations, matched by significant experience and practice capabilities in this area. Our attorneys provide comprehensive counsel to a wide array of public and private philanthropic, health care, medical and scientific research, housing, neighborhood redevelopment, cultural, artistic, civic, college and educational, and religious organizations, as well as social welfare organizations, trade associations and business leagues, business and housing cooperatives, and professional fundraisers. |