Professional Athletes an Untapped Source of Donations for Schools
PHILANTHROPY NEWS DIGEST
Joseph B. Whitehead Foundation Donates $6.5 Million to the Atlanta Neighborhood Development PartnershipThe Joseph B. Whitehead Foundation, one of the Robert W. Woodruff family of foundations, has given a three-year, $6.5 million gift to the Atlanta Neighborhood Development Partnership (ANDP), a quasi-public organization that helps secure financing for neighborhood redevelopment efforts. ANDP President Hattie Dorsey said the grant will allow the organization to continue the momentum generated by the Olympics. "If that had stopped," said Dorsey, "I think it would have been a major tragedy, not only for our neighborhoods, but for Atlanta." The grant will go toward ANDP's operating expenses as well as to help support nine community development corporations. "ANDP has demonstrated its effectiveness through a strategic blend of leadership and resources," said Charles H. McTier, president of the Whitehead and Woodruff Foundations. "It is a community process that deserves support." But McTier also stressed the need for private support. "Everyone should understand that meaningful neighborhood development must come from the commercial sector. Redevelopment goals can be reached only if they meet the expectations and disciplines of private enterprise."
Fcnote: The Joseph B. Whitehead Foundation (GA) had assets of $790,402,293 and made grants totaling $25,890,000 in the year ending 12/31/95.
Saporta, Maria. "Neighborhood Group Given $6.5 Million Gift." Atlanta Journal-Constitution 4/5/97, p. E3.
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