Newspapers / Philanthropy Journal of North … / Oct. 1, 1993, edition 1 / Page 7
Part of Philanthropy Journal of North Carolina (Raleigh, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
October 1993 Philanthropy Journal of North Carolina Foundation Continued from page 6 has been written about it, with the exception of a sociai notice or two about employees. What is known is this: APS has offices on Fifth Avenue in Manhattan and employs about 15 people. Ray Handlan, who founded the company in 1982 after spending 25 years in fundraising at institutions such as Cornell University and Syracuse University, preceded Fleishman as president. Handlan, who is moving to Pinehurst and will continue to work tor APS as a consultant, says the com pany was formed as a for-profit com pany rather than as a nonprofit because it would not be handling cUents’ gifts and thus had no need to meet non-profit disclosure rules under federal tax law. APS is paid based on its time, not the amount of money given to charity by its cheats. Despite its for-profit status, APS in most respects functions like the staff of a foundation. It examines opportu nities for its chents to give away their money and makes recommendations to the cUents. The cUents may know the identity of the organizations receiving their money, but may not know the identity of individuals at those organizations. “The advice is confidential,” says Fleishman. “The people we give to are confidential. And the people to whom we give advice are confidential.” Unlike the staff of a foundation, however, APS does not actually make decisions on giving. That’s up to the cUents alone. APS does not accept unsolicited grant proposals and does not actively seek new cUents. AU its cUents are in the U.S., and they give away money in the U.S. and abroad. “The donors, just like the board of a foundation, have some ideas of general areas they’d like to support,” Fleishman says. “My job is to find the best, most promising opportunities where we think a given number of doUars can do the most good.” Fleishman, who began work at APS last month, says he’ll move slowly in his new job, taking time to size up APS and where it’s headed. “I like,” he says, “to come into parties by tbe back door.” The focus of APS’ giving has been on aging, educa tion and the promotion of philanthropy and volun tarism in the U.S. and abroad. Fleishman says he hopes also to empha size areas about which he’s taught and written: leadership, ethical values, media and civil ri^ts. Anonymous giving is beUeved to play a tiny part in U.S. philanthropy, which last year totaled $124.3 bilUon from individuals, foundations, corpo rations and bequests. That total did not include the value of volunteer labor. A 1991 survey by the Indiana University Center of Philanthropy found that anonymous gifts repre job is to find the best, most promising opportunities where we think a given num ber of dollars can do the most good. JOEL FLEISHMAN APS President sented only 1 percent of the total amount received by organizations responding to the survey. The survey also found that that anonymity tended to be aimed at keeping sohcitiations to a minimum, althou^ that was more the case with gifts of up to $1 milhon. Waldemar Nielsen, director of the New York-based Program for the Advancement of Philanthropy of the Aspen Institute in Washington, agrees that anonymity may reflect a desire by some donors not to be besieged by grant-seekers. “'The desire to get pubUc recogni tion for your generosity is a very fre quent element in giving and for per fectly understandable reasons,” he says. “Acts of charity and philan thropy are things that deserve public admiration and recognition.” What’s more, says Nielsen, who has written extensively on philan thropy and foundations, people sim ply have a desire to be remembered. But he says that the teaching by the 10th Century philosopher Maimonides - that anonymous giving represents one of the hipest forms of charity - also holds true for some donors. mmmmmmmmmmmmmm BORN: 15,1934, Fci’ EDUCATION: UNC-CH; juris dodbr, UNC-CH; jnasteF arte, draima, UNC-CH,- master of law, Yale Un^etsity. EMPLOYMENT: President, Atlanlic Service Co, New York , 1971-1993. ■^rst senior vice of Hi# urtiversityj J 1991-93; choirmon, Capitol Campaign for the Arts & Sciences and Engii'=eering, 1982-91; cfo-ector. Institute of Policy.' Sciertces ond Public Affairs, 1971-82. Yale Universily, 1965'71. Stete of North Corolirso. Legd oss'stant to Gov Terry Sanford, 1961-65. e just think he made such as difference at this institution. JJARYD.B.T. SEMANS Chairman Duke Endotvment Fleishman Continued from page 6 While at Yale, he met law students Bill Clinton and Hillary Rodham, with whom he has remained friends. In 1971, Fleishman returned to Duke on the invitation of Sanford, who was named Duke’s president in 1969. With Sanford, Fleishman founded the Institute of Policy Sciences and Public Affairs - now known as the Terry Sanford Institute of Public Policy - which he headed for 12-and-a-h^ years. He also has held numerous administrative jobs at Duke, including, most recently. First Senior Vice President of the University. In 1982, he was named chair man of Duke’s eapi- tal campaign for the arts and sciences and engineer ing. At the time, the uni- ver sit y ’ s entire en dowment to taled $175 million, including a $22 million restricted endowment for the arts and sciences and engineering. The capital campaign had a goal of $200 million, and it raised $221 million. That campaign, along with normal growth and other gifts, has built the university’s endowment to $700 million. That includes $250 mil lion in restrieted endowment for the arts and sciences and engineering - more than 11 times the size of the restricted endowment when Fleishman took over the campaign. Fleishman says that Duke’s development effort has come a long way. Now, he says, the university must nurture its network of donors and continue to develop new funding sources. “Duke for many years did not pay attention to fundraising, to institu tion-building, both inside and outside the university,” he says. “Now, the base is there. To stay viable, it’s important for the university to main tain it, to expand, to get people more involved in the university.” While Fleishman will continue to teach one course a year, he’ll clearly leave a big hole at Duke. “We just think he made such a difference at this institution,” says Mary Duke Biddle Trent Semans, chairman of the board of the Charlotte-based Duke Endowment, which makes grants to Duke University. “We’ve often called him an icon here.” Wd LikeToThankAllThe Volunteers Who Helped Make North Carouna's WoERWATS A More Hospitable Place ForVesitdrs. First Citizens Bank is proud to sponsor the North Carolina Big Sweep. ^ FIRST But were even more proud of the volunteers whove once again helped make CITIZENS North Carolina a better place for our citizens, and those Just passing through. RANK We’re Out To Be North CarounaIs Best Bank Member FpiC.
Philanthropy Journal of North Carolina (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Oct. 1, 1993, edition 1
7
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75