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Nonprofitxpress roundup – NYC schools tap fundraiser

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Here are the week’s headlines:

*Caroline Kennedy Schlossberg, daughter of the late President John F. Kennedy, has been named to the new post of top fundraiser for the New York City schools and has been given the job of significantly increasing the $1 million in private donations to the schools each year, The New York Times reported Oct. 2. She will work three days a week for the rest of this year for $1 and switch to full-time in January, when her pay will be renegotiated.

*Walter H. Annenberg, a former communications czar who was one of the biggest U.S. philanthropists, died Oct. 1 at the age of 94, The New York Times reported Oct. 2.

*Targeting the market of wealthy investors, Fidelity Investments will manage charitable foundations for individuals and families with $1 million or more in assets, The Wall Street Journal reported Sept. 20.

*Purdue University launched a $1.3 billion fund drive, the biggest ever for an Indiana university.

*In its first capital campaign ever, Harvard Business School has launched a drive to raise $500 million by the end of 2005, the Boston Business Journal reported Sept. 27.

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