>Brookings Oregon News, Sports, & Weather | The Curry Coastal Pilot

News Classifieds Web
web powered by Web Search Powered by Google

News arrow News arrow Business arrow FORD FOUNDATION PRESIDENT TO SPEAK AT FUNDRAISER DINNER

Print

FORD FOUNDATION PRESIDENT TO SPEAK AT FUNDRAISER DINNER

By Charles Kocher

Pilot staff writer

Private philanthropy has a very positive and influential role in society, says Susan Berresford, a philosophy she will be sharing Saturday in a special fundraising dinner for the Wild Rivers Community Foundation.

Berresford should know her topic. She has been president of The Ford Foundation – with $12 billion in assets, the second largest foundation in the nation – since 1996, and will retire in January after 38 years with the grantmaking organization.

In an interview with the Curry Coastal Pilot, Berresford said she plans to share some of The Ford Foundation's experience with helping community foundations in her remarks on Saturday.

"The Ford Foundation has worked with rural community foundations in many different parts of the country," Berresford said. "There are many experiences that hold promise … a variety of ways that rural communities can organize themselves."

She said she wants to help those at the Wild Rivers dinner to think about some "very creative ideas." However, she warns, "you can't pick up something from someplace else and drop it into a community.

"Part of it is helping people feel empowered to make good decisions," Berresford said.

Created with gifts from Edsel and Henry Ford, it seeks to be "a resource for innovative people and institutions worldwide."

The Wild Rivers Community Foundation serves Curry and Del Norte counties, in partnership with the Humboldt Area Foundation in Eureka. The Wild Rivers Community Foundation seeks "to inspire people and communities by facilitating dialogue and encouraging charitable giving to support the region now and forever."

Berresford said it is the "ideas and the courage" that she has seen in individuals that she finds most compelling about her work.

The Ford Foundation, for example, made the first grants to an African bank for a micro-credit program, which later won a Nobel Peace Prize.

Another has been helping community foundations network and learn from each other, spreading the work of philanthropy.

"Government has all kinds of responsibilities it should see to," explained Berresford. "What philanthropy can do is be R&D – research and development – for society. It can fund new ideas before they're ready for government acceptance."

She pointed to a lifelong savings model being tried with grants funds that has worked so well that it has been introduced in Congress for a government program.

"Ideas take some time to explore and develop, she said. It's a very complimentary relationship."

Berresford spoke to the Pilot by phone from her vacation home in Trinidad, Calif., where she hopes to spend more time after retirement. "The area has become a part of my life," she said.

The $250-a-plate dinner is set for 5 p.m. at Howonquet Hall on Highway 101 in Smith River, across from the Lucky 7 Casino. The event will include a social hour and a silent auction of several items, including a three-day vacation package at Sunriver.

For information or reservations, call (707) 218-6262.

Board members of the Wild Rivers Community Foundation include Gary Blatnick, Dan Brattain, Dr. Kevin Caldwell, Daryn Farmer, William Follett, Kevin Hartwick, Dr. Thomas Martinelli, Kara Miller, Russ Montgomery, Lee Musser, Frank Petersen, Peter Tardiff, Michele Thomas, Bev Westbrook, Doris Whalen and Becky Wood.

Print

Business News by Yahoo Finance

  • U.S. jobs to add heat to Fed lift-off debate
    The state of the U.S. labor market in March will consume economists and investors in the week leading up to Easter, adding to the seesaw debate over when the Federal Reserve will spring its first interest rate hike. Fed Chair Janet Yellen made it clear on Friday that the U.S. central bank is likely to start raising borrowing costs later this year, adding that continued improvement of the labor market would be an important factor in deciding when to move. Labor market data are therefore likely to be the highlight of the economic week, providing a further signal to the Fed on the health of the U.S. economy and its capacity to withstand rate rises. Yellen said a significant pickup in core inflation was not a precondition for the Fed to pull the trigger on rates.
  • Stanchart says committed to Islamic banking after head of unit exits
    Standard Chartered remains committed to Islamic banking and expects growth in its core markets, a spokesman for the lender said on Sunday, after the head of its Islamic arm departed. Afaq Khan left Standard Chartered Saadiq, the lender's global Islamic banking business, after 12 years with the Asia-focused bank to take a career break, the spokesman said. "Standard Chartered remains committed to our Islamic banking business, and we continue to position ourselves for further growth in the core markets where the largest Islamic banking opportunities exist," the spokesman said. The core markets include Bahrain, Malaysia, Bangladesh, Pakistan, Indonesia and the United Arab Emirates, where Standard Chartered offers personal banking services, the spokesman said.
  • China central bank governor calls for vigilance on deflation
    China's central bank governor Zhou Xiaochuan warned on Sunday that the country needs to be vigilant for signs of deflation and said policymakers were closely watching slowing global economic growth and declining commodity prices. Zhou's comments are likely to add to concerns that China is in danger of slipping into deflation and underline increasing nervousness among policymakers as the economy continues to lose momentum despite a raft of stimulus measures. "Inflation in China is also declining. Zhou added that the speed with which inflation was slowing was a "little too quick", though this was part of China's ongoing market readjustment and reforms.

Follow Curry Coastal Pilot headlines on Follow Curry Coastal Pilot headlines on Twitter

© Copyright 2001 - 2015 Western Communications, Inc. All rights reserved. By Using this site you agree to our Terms of Use