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BUSINESS
January 13, 2014 | By Ronald D. White
Preliminary figures show that 2013 may have been the biggest year ever for charitable donations, according to a Dallas-based group that mines economic data to come up with its numbers. More Americans donated money for human needs and disaster relief services both here and abroad in 2013, making it the fastest growing category of generosity. The Atlas of Giving said that charitable donations from the U.S. reached $416.5 billion. PHOTOS: The ten biggest California companies That would be up 12.9% from $368.8 billion in 2012, according to Rob Mitchell, the group's chief executive.
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BUSINESS
January 9, 2014 | By Richard A. Serrano
WASHINGTON - The head of a criminal probe into allegations that the Internal Revenue Service targeted conservative groups and tea party supporters personally donated a total of $6,750 to President Obama's election campaign and the Democratic National Committee, spurring Republicans to call for her removal. Republicans said Thursday that political contributions by Barbara Bosserman, a prosecutor in the Justice Department's civil rights division, raised questions about her objectivity and the integrity of the investigation into the IRS. "It is unbelievable that the department would choose such an individual to examine the federal government's systematic targeting and harassment of organizations opposed to the president's policies," Rep. Darrell Issa (R-Vista)
CALIFORNIA | LOCAL
December 30, 2013 | Times wire services
Dallas billionaire and heavyweight GOP political donor Harold Simmons, who gave tens of millions of dollars to Republican candidates, including Texas Gov. Rick Perry and former presidential nominee Mitt Romney, has died. He was 82. Simmons, born to two school teachers in East Texas, became one of the richest men in the country with interests ranging from energy to chemicals. His spokesman Chuck McDonald said Simmons died Saturday in Dallas but did not disclose the cause. Simmons made his fortune as a Texas corporate raider nicknamed the "Ice Man" after structuring leveraged takeover bids using junk bonds in the 1970s and '80s.
OPINION
December 30, 2013 | By Herb Smith
This is the season of giving, when we give to the people we love as well as to people we have never even met. And the gift you may think of as insignificant and of little consequence to a charity is often the very thing that will make all the difference to people in need. It turns out that nonprofit organizations receive most of their annual contributions during the final quarter of the year. A cynic would attribute this surge to the imperatives of the tax code, and others to some amorphous, benevolent, seasonal spirit.
CALIFORNIA | LOCAL
December 29, 2013 | By Times staff and wire services
Andrew Jacobs Jr., a former longtime Indiana congressman known for turning down pay raises and PAC donations as well as for being an early opponent of the Vietnam War, died Saturday at his Indianapolis home. He was 81. He had been in declining health for some time, said Gary Taylor, a family friend and former campaign manager. A Democrat, Jacobs served in the U.S. House of Represenatives from 1965 until a reelection defeat in 1973. He succeeded in another House election and served again from 1975 until his retirement in 1997.
SPORTS
December 26, 2013 | By Chuck Schilken
Jon Kitna became a high school math teacher once his 15-year NFL career ended. Here's an equation he will soon laying on Lincoln High in Tacoma, Wash.: Take whatever amount you have in your treasury and add about $55,000 or so. Kitna , who has also served as the Abes ' head football coach for the past two seasons, re-signed with the Dallas Cowboys this week to serve as an emergency backup quarterback since starter Tony ...
CALIFORNIA | LOCAL
December 26, 2013 | By Emily Foxhall
When Newport Beach City Council candidate Michael Glenn thinks of freedom, that includes the freedom to choose how to donate, be it with dollars, pesos or bitcoins. Glenn claims to be the first local politician to accept campaign donations in the esoteric digital currency. He is seeking the Balboa Peninsula's 1st District council seat being vacated by Mike Henn. Also in the race are businesswoman Diane Dixon and Harbor Commissioner Joe Stapleton. Glenn's announcement comes weeks after individuals used bitcoins to pay for a Tesla car, and then a Lamborghini , from a Costa Mesa dealership.
CALIFORNIA | LOCAL
December 20, 2013 | By Emily Foxhall
When Newport Beach City Council candidate Michael Glenn thinks of freedom, that includes the freedom to choose how to donate -- be it with dollar, peso or bitcoin. Glenn claims to be the first local politician to accept campaign donations in the esoteric digital currency. He is running against businesswoman Diane Dixon and Harbor Commissioner Joe Stapleton for the Balboa Peninsula's 1st District council seat. Glenn's announcement comes just weeks after customers used bitcoins to pay for a Tesla, and then a Lamborghini, from a Costa Mesa dealership.
BUSINESS
December 20, 2013 | By Salvador Rodriguez
Mark Zuckerberg this month is donating nearly $1 billion worth of Facebook stock to a Silicon Valley charity as part of a pledge he's taken to devote half of his wealth to philanthropy. In total, Zuckerberg is donating 18 million shares to the Silicon Valley Community Foundation, which gives grants to other nonprofit organizations in the region that work in areas ranging from education to the environment. Based on the current price of Facebook's stock, the donation is worth about $985 million.
CALIFORNIA | LOCAL
December 17, 2013 | By Martha Groves and Louis Sahagun
To see teacher Rose Gilbert - a nonstop, 5-foot dynamo - in front of a high school classroom was to see a master at work. "I'm on fire," she would tell her 12th-graders in Room 204 at Palisades Charter High School, emphasizing the point by wearing a red plastic firefighter's helmet. Yet, even after more than half a century of imparting a love of Homer, Camus, Faulkner and Joyce to her youthful charges, she never seemed to burn out. Each semester for more than 50 years, into her 90s, Gilbert lectured on dozens of classic works, including "The Great Gatsby," "The Iliad" and "The Stranger.
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