February 1996
Philanthropy Journal of North Carolina • 19
Professional Services
Services
Continued from page 18
Wallach Consulting (NC Reseller)
Fund Accounting Software with a
Guarantee
SOFIWARi/
fUUMMUtlllg
Blackbaud, Inc.
4401 Belle Oaks Drive
Charleston, SC 29405
(800) 443-9441, FAX (803) 740-5410
Fund-raising, membership, volunteers, special
events.
Campagne Associates
491 Miherst Street
Nashua, NH 03063
(800) 582-3489, FAX (603) 595-8776
Donor l|/Systems Support Service
821 Red Oak Blvd, Suite 140
Charlotte, NC 28217
(800) 548-6708, FAX (704) 522-8842
Master Software Corporation
5975 Castle Creek Pkwy N., Suite 300
Indianapolis, IN 46250
(800) 950-2999, FAX (317) 849-5280
ORCA Knowledge Systems
P.0, Box 280
San Anselmo, CA 94979
(415) 382-8635, FAX (415) 382-0264
mmm/
MicroEdge, Inc.
1114 1 St. Avenue
New York, NY 10021
(800) 899-0890
DOS, Windows and Mac versions available.
Riverside Software, Inc.
417 W. 120th St.
New York, NY 10027
(212) 678-7077
The Grants Manager • Matching Gifts
•Riverside Grants
mmm/
Blackbaud, Inc.
4401 Belle Oaks Drive
Charleston, SC 29405
(800) 443-9441, FAX (803) 740-5410
PhilanthroTec, Inc.
10800 Independence Pointe, Suite F
Matthews, NC 28105
(800) 332-7832, FAX (704) 845-5528
Crescendo Planned Gifts Software
1601 Carmen Drive, Suite 103
Camarillo, CA 93010
(800) 858-9154, FAX (805) 388-2483
Software for calculations, planned gifts
marketing, donor seminar marketing.
smmf mtutm
Lewis & Clark Research
6040-A Six Forks Rd, Suite 112
Raleigh, NC 27609
(919) 676-2036, FAX (919) 846-4021
Specializing in Mail Surveys Since 1982.
Peter J. Adcroft
6501 Six Forks Road, Suite 350
Raleigh, NC 27615
(919)870-4820 FAX (919) 846-0439
1-800-648-5571
Smith Barney
Specialist in total estate planning includ
ing design and implementation of chari
table trusts.
DeBerry AssocTRenaissance Adv.
RO. Box 4020
Chapel Hill, NC27515
(919)489-6500
Charitable Trust Administration.
Douglas J. Lewis, CFP
4904 Professional Court, #101
Raleigh, NC 27609
(919) 872-7000, FAX (919) 872-7004
Lewis Financial Management
Charitable Trust Strategies and Wealth
Preservation
Licensed RENAISSANCE Advisor.
WMO PKOWICflOir
New Context Video Productions
924 Chapel Hill Road
Pittsboro, NC27312
PHONE/FAX (919) 929-3058
Also radio spots and photos.
Loans
Continued from page 14
Salem for housing for the mentaEy ill.
The group had a commitment from
the U.S. Department of Housing and
Urban Development to finance the
project. But the association’s options
to buy the real estate were going to
expire before the HUD money would
arrive.
Self-Help made a $243,000 bridge
loan to the association so it could buy
the land.
“They were at the risk of losing
their earnest money if they were not
able to purchase the building now, so
we were able to come in and do a
bridge loan that allowed them to
acquire the units,”says Benedict.
“The plan is that within the space of a
year of the loan, they’ll get the cash
from HUD and pay off the loan and
make the improvements.”
Self-Help also makes loans to non
profits who need operating funds to
help them through difficult periods.
One group, which she would not iden
tify, works with the homeless and is
facing serious problems relating to its
operating budget.
“This is an agency that is federal
ly funded and is looking at losing that
funding with changes in D.C. and
looking at restructuring programs
and looking at layoffs and putting
more emphasis on fee-for-service,”
she says about the loan recipient.
“And it will take a Mttle time to get the
revenues in iine with expenses. So we
are going to do a loan that will in
essence fili the gap and will be work
ing capital for a year and secured by
accounts receivable.”
The Scrap Exchange in Durham now has a van, thanks to a loan
from Self-Help's North Carolina Community Facilities Fund.
Pictured with the van are Pat Hoffman, right, executive director of
the Scrap Exchange, and driver/teacher Ann Wood.
Photo by Elaine Westarp
She says that Self-Help has been
making loans since 1986 to nonprof
its. In recent years, the organization
saw a need to create a program
specifically for nonprofits.
Applying for a loan is not difficult.
The process takes at least one month,
sometimes longer. Benedict recom
mends that organizations confronted
with expansion needs contact Seif-
Help to begin the process early She
says Self-Help often finds that it can
offer useful non-financial advice to
nonprofits as they try to decide how
to cope with their financial needs.
For information, call Self-Help at
1-800-4476-7428 or Benedict at (919)-
956-4430.
Calendar
Continued from page 16
Indoor Golf Party
Raleigh
Feb. 29, 5:30 p.m.. First Union Capital
Center, Sponsor: Cystic Fibrosis Foundation.
(919) 782-5530.
TRIANGLE
Art Show and Sale
Chapel Hill
Feb. 29-March 8. University of North
Carolina at Chapel Hill, George Watts Hill
Alumni Center. "Through Women's Eyes," the
Women's Center of Orange County's 12th
annual art show and sale. Kick-off cocktail
buffet, Feb. 29, tickets $75 and $125; lun
cheon, March 1, tickets $37.50 and $50;
opening reception, March 1, tickets $5, $7,
$10. Call Selena Berrier (919) 968-4489.
IN mmM
Sculpture Exhibit
Charlotte
A five-city tour of the sculptural works of
Michael Lucero will open March 16 at the
Mint Museum of Art and run until June 9.
Sponsor: Philip Morris Companies Inc. Call
(212) 878-2755.
Fundraising Day
Greensboro
March 5. Fundraising Day in the Triad,
Bryan.
Enrichment Center. Sponsored by National
Society of Fundraising Executives Triad
Chapter and N.C. Center for Nonprofits.
Call (919) 571-0811.
United Way Conference
Wrightsville Beach
March 14-15. Holiday Inn, SunSpree
Resort. 1996 State Professional's Spring
Conference. Reservations by Feb. 13. (800)
532-5362.
Awards Banquet
Raleigh
March 19, 6 p.m. Crabtree Valley Marriott.
N.C. Council for Women's Annual
Distinguished Women of North Carolina
Awards Banquet. Register by calling (919)
733-2455.
NSFRE Meeting
Greensboro
March 26, 11:30 a.m.. Magnolia Manor.
Vincent 1 Gallo will speak on "Planned
Giving Simplified," Call Donna Lauten at
(910) 769-9852.
Statewide Nonprofit Conference
Greensboro
March 27. Holiday Inn Four Seasons Koury
Convention Center. Third annual statewide
conference for North Carolina's nonprofit
sector. Registration deadline, March 15.
Sponsor: Philanthropy Journal of North
Carolina. Call Kate Foster (919) 899-3742.
National Conference
Chapel Hill
March 28-30. UNC- Chapel Hill.
"Partnerships for Power," second national
conference of Student Coalition for Action in
Literacy Education (SCALE). Coll (919) 962-
1542,
Grove
Continued from page 14
stand that this is something they need
to see here - a part of our history our
heritage that has been revitalized and
restored,” says Mayor Martin, who
served as the market foundation’s
first executive when it was founded in
1992. “The arcade could be the
anchor for that side of town, just as
you would have an anchor store at a
shopping mall.”
Zaretsky says the foundation
wants to revive the arcade’s role as a
social, as well as a commercial hub of
downtown life.
“They used to have concerts of
mountain music there,” he says. “Part
of the [restoration] concept would be
to bring that back. There is also talk
about ice skating on the roof and a lot
of other public-type uses. The arcade
is a grand enough building for all of
that but it’s been hard for people to
imagine some of those uses.”
In recent years, urban market
places have become a popular eco
nomic development strategy. Since
Faneuil Hall Marketplace opened in
Boston in 1976, more than 100 U.S.
cities have followed suit with publicly
funded markets located in historic
buOdhigs or districts.
The “case statement” for the
Grove Arcade in Asheville says the
market will generate more than $1.5
minion in annual tax revenue and will
draw an estimated 1 million visitors -
a “critical mass” of customers that
win generate even more downtown
commerce.
More than 230 businesses already
have applied tor 70 spots in the new
arcade, Zaretsky says. The aim is to
attract a mix of art galleries, restau
rants and specialty shops, as opposed
to the typical shopping mall fare of
chain stores and franchises.
To guarantee future financial sta
bility for the arcade, Zaretsky says
the foundation has teamed with
Julian Price, a private investor and
founder of what is now the Jefferson
Pilot Corp. Price who was travelling
out of town and could not be reached
for comment. Price has agreed to
lease the building to the foundation
on a long-term basis and renovate the
upper floors for office use.
Although some nonprofit leaders
worry privately that the marketplace
will serve maiidy tourist visitors and
not enough needy residents of
Asheville, others are enthusiastic
about the project’s effect on the city.
“I think the arcade project will fit
in very well with the economics of the
downtown area,” says Joyce
Harrison, director of the Self Help
Credit Union, which serves low-
income residents and small business
es. “I think everyone is looking for
economic development to make their
city work. And I’m confident this pro
ject is going to bring more small busi
ness to the downtown area.”
Zaretsky says the most important
aspect of the arcade campaign has
been the depth of support the public-
private initiative has gained from all
quarters of the city
“People tried for 12 years to get a
private developer to do this and final
ly concluded it wouldn’t work - the
building was just too inefficient and
expensive” to restore, he says. “If you
know Asheville, you loiow it can be a
contentious community. But we’ve
been able to garner support from all
sides.”
For information about the arcade
campaign, call (704) 252-7799.
SHORT TAKES
Duke launches services for
people with AIDS
Duke University Law School in
Durham has launched an AIDS
Legal Assistance Project in which
law students offer free services to
people with AIDS. The project grew
out of pro bono work low students
hod offered at the Duke Infectious
Disease Clinic. Coll (919) 684-
2558 for details.
Legal Services suspends
publication
Legal Services of North Carolina
has suspended its syndicated series,
"The Low and You" due to federal
and state budget cuts. The syndicat
ed series, begun in 1990, had been
distributed to about 130 newspa
pers across the state. Government
cutbacks will reduce Legal Services'
budget by about one-third this year.
The organization was founded by
the N.C. Bar Association in 1976 to
provide free legal services to the
poor.
IRS investigates veterans
groups
Veterans groups in Maryland are
threatened with the loss of their tax-
exempt status as a result of an
investigation by the Internal Revenue
Service that is being watched
nationally. The IRS has concluded
that many veterans groups violated
tax rules by allowing non-veterans
to use their facilities - in effect subsi
dizing the cost for members who are
veterans.