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In San Francisco, Mr. Ross acknowledged that it was unseemly for companies to make large gifts to the arts when they were firing some of their employees.
PAGE A19 Last Call for Soft Money Wealthy donors continue to make large gifts of unrestricted soft money to the national political parties while they still can.
This imbalance has caused alarm among Democratic strategists, and Obama has warned perhaps with some exaggeration that, unless wealthy supporters make large gifts, he will become the only sitting President in recent history to be outspent in a campaign.
This is one reason why some people like to make large gifts via trusts, in order to retain control over who the eventual beneficiaries might be," says Mr Witcombe.
Top corporate executives often make large gifts of their company's stock to their family foundations shortly before the stock price drops sharply, according to a new study by a New York University professor.
This imbalance has caused alarm among Democratic strategists, and Obama has warned — perhaps with some exaggeration — that, unless wealthy supporters make large gifts, he will become the only sitting President in recent history to be outspent in a campaign.
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Other than the above "tax-free" gifts, the owner will likely not want to incur a gift tax and will therefore be reluctant to make larger gifts.
She made large gifts to Knox College and to the Bishops School in La Jolla.
They have also made large gifts to the Philadelphia Museum of Art and many Jewish cultural and welfare organizations.
His benefactions were almost always private save when he made large gifts to institutions like the Metropolitan Museum and Beth Israel Hospital.
As MSNBC.com and other news organizations have reported, during her years in hospitals, Mrs. Clark made large gifts to charitable causes, friends and associates.
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