1 million);
youth programs (101 grants totaling more than $1. The program also supported select arts and cultural
initiatives (30 grants totaling more than $500,000) along with civic
improvements (10 grants totaling more than $90,000). "As the Fund passes the $1 billion mark in total contributions, our
donors will continue to have a significant impact in supporting future
charitable causes.

therefore grants

"
Since its beginning in 1993, Season To Share has distributed more than
$16,000,000 in grants to agencies including Boys and Girls Clubs of Metro
Denver, the Broadway Assistance Center, Capitol Hill Community Services,
Clinica Tepeyac, COMPA Food Ministries, Dental Aid, Emergency Family
Assistance Association, Project Angel Heart and many more.

Each year, the company directs a portion of its pre-tax
profits to the State Street Foundation, which funds the Global
Philanthropy Program, in order to help address community needs .S. states, Haiti and the
Cayman Islands, following a series of hurricanes that caused extensive
damage in the region last fall.
The biggest beneficiaries of the Fund's grants in 2005 were relief efforts
for victims of Hurricane Katrina, the South Asian tsunami and the Pakistan
earthquake. While private foundations must file an
annual tax return which discloses officers, grant amounts, and recipients , a
Charitable Gift Account has no such requirement.

typically grants

govern funding

Included in this were grants totaling $275 ,000 from the program's
Disaster Relief Emergency Assistance Fund, which supported relief
efforts in Florida, several Southeastern U.

grant kenya

This year's campaign ran from Nov.
"It is truly thanks to our community that Season To Share has had another
record-breaking year of fundraising," said Kirk MacDonald, president and CEO
of the Denver Newspaper Agency. In the previous
campaign (2004-2005 ), donations came in at $1,150,000, and with the addition
of the match of 50 cents for each dollar , $1,650,000 was granted to
63 agencies. In addition,
State Street awarded 16 grants totaling nearly $80,000 to charitable
organizations in honor of State Street volunteers and one grant of
$10,000 for management assistance. One of the benefits of the
Charitable Gift Account is that the donor can contribute to the account when
it makes sense for their tax planning, but the assets are set aside and
readily available for grant-making at any time. The Schwab Fund for
Charitable Giving, an independent non-profit organization, has entered into
service agreements with certain affiliates of The Charles Schwab Corporation:
Charles Schwab + Co., Inc.

funds typically

Tsunami and earthquake relief
together accounted for more than 2,000 grants and nearly $2. Donor-advised funds are simpler to set up and run -- and more
private -- than private foundations.
For more information about the Schwab Fund for Charitable Giving and
Charitable Gift Accounts, visit http://www.

donate govern

making donate

"Our readers and supporters have once again
demonstrated their tremendous generosity. The mission of Post-News Community is to improve quality of life for
those in our community through the support of programs that benefit children;
arts and culture; education and literacy; and the provision of basic human
services .
The program contributed to nonprofit organizations that provide
community service initiatives in four primary focus areas: education
and job skills training (146 grants totaling more than $3 million);
health and human needs (178 grants totaling more than $3. In 2005, the Fund issued more than 1,400 grants for Hurricane
Katrina relief, totaling nearly $3.

donate grants

31, 2006. Each dollar donated (up to the first $1,000,000 raised) is matched
with 50 cents by the McCormick Tribune Foundation . State Street granted an additional
$290,000 to 38 non-profit organizations to sponsor fund-raising
events.Fund Reaches Major Milestone with More Than $500 Million in Donations in 2005

SAN FRANCISCO, The Schwab Fund for
Charitable Giving, one of the country's largest and fastest growing donor-
advised funds, announced total contributions to its Charitable Gift Accounts
have exceeded $1 billion since the Fund's inception.

grant classified

State Street Global Philanthropy Program Reports 2004 Grants of More than US$9.3 Million

It currently has approximately $840 million in
assets waiting to be granted. (Member SIPC) and Charles Schwab Investment
Management, Inc.

classified grant

3 million in
funds.schwabcharitable .

Further, community foundations are usually classified under the tax code as public charities and therefore are subject to different rules and regulations than those which govern private foundations.

donate funds

The $1,237,000 raised from 6,439 donors will be matched with $500,000 from
the McCormick Tribune Foundation . For more information on the company's community
programs, please visit http://www.3 million in 2004, including
$595,000 in future commitments.2 million); and
neighborhood revitalization (45 grants totaling more than $1.4 trillion in assets
under management as of December 31, 2004, State Street operates in 25
countries and more than 100 markets worldwide.statestreet.
"Fund donors responded in overwhelming numbers to the natural disasters of
2005," said Kim Wright-Violich, president of the Schwab Fund for Charitable
Giving.

charitable funds

S.com

"Advisors can recommend that clients set
aside assets for tax-advantaged charitable giving while simultaneously helping
meet other diversification goals.

therefore purposes

post-newscommunity.com.
State Street's Global Philanthropy Program had 29 individual
contribution committees in 18 countries in 2004, including Australia,
Belgium, Canada , Cayman Islands, France, Germany, Ireland, Italy,
Japan, Luxembourg, People's Republic of China (Hong Kong SAR),
Singapore, South Africa, South Korea, Switzerland, Taiwan, the United
Kingdom , and the U.org.

philanthropy typically

Created in 1999, the Fund
achieved the milestone as it ended its most productive year for charitable
contributions. Assets are invested for tax-free potential growth and donors can
recommend grants from the account at any time.

typically foundation

27 Post-News Season To Share, a fund of the
McCormick Tribune Foundation, raised $1,237,000 during the 2005-2006 campaign,
breaking all previous fundraising records for this campaign. The Denver Newspaper
Agency and the McCormick Tribune Foundation pay all administrative costs,
allowing 100 percent of donations to go directly to charitable organizations . Post-News Community accomplishes this through the implementation of
various community-giving programs including Post-News Charities and Post-News
Season To Share, funds of the McCormick Tribune Foundation; sponsorships by
The Denver Post and Rocky Mountain News; Post-News Kids Care, a program
designed to teach kids about community service and philanthropy; signature
events like the Unique Lives + Experiences and Pen + Podium series; and the
DNA ACTS (Denver Newspaper Agency - Assisting the Community Through Service)
employee volunteer program. In 2005, the Fund received more than $510 million, more than
doubling the $225 million in contributions received the previous year."
Wright-Violich attributes much of the Fund's overall success to Charitable
Asset Management -- a philanthropic option available to high net-worth
individuals that allows them to nominate an independent investment advisor to
manage their donated funds. Donors with accounts of at least $250,000 can
have an independent advisor manage account assets, which can be invested in a
wide range of investment vehicles, including individual stocks, bonds and
other securities. Donors who contribute
appreciated securities may be able to deduct their full value as a charitable
donation and avoid capital gains tax.

It typically makes grants in a variety of program areas, such as education, health, human needs, and arts, in a limited geographic area.

however usually

Business Editors

BOSTON----State Street Corporation
(NYSE: STT), the world's leading provider of services to institutional
investors, announced today that its Global Philanthropy Program made
528 grants totaling more than US$9.2
million). For more information ,
visit State Street's web site at www.

Schwab Fund for Charitable Giving(R) Surpasses $1 Billion in Charitable Contributions

Donations of non-cash assets such as
real estate can be made through a charitable third-party that specializes in
such transactions, and are also tax deductible at fair market value.

foundations funds

For 13 years, Post-News Season To Share has raised charitable donations
that are matched and disbursed to local nonprofit agencies serving
disadvantaged children as well as people who are homeless, hungry or need of
medical care. 12, 2005, through
Jan.5 trillion in assets under custody and $1.5 million. Note
that contributions of real estate and most other assets made to private
foundations are deductible only at cost basis.

classified making

No other leading national donor-advised fund offers this
benefit. No additional paper or legal
work is required after the contribution is made, and the Fund is responsible
for due diligence, recordkeeping, managing the assets and granting funds.

foundation donate

Grants totaling more than $1,737,000 will
be announced and distributed in April, with a complete disbursement report
running in The Denver Post and Rocky Mountain News. Since its inception in 1999 , the Fund has granted more than $400
million to 18,000 charities.
"Charitable Asset Management has opened significant doors for advisors and
their clients," said Wright-Violich.

In its general charitable purposes, a community foundation is much like a private foundation.

therefore foundation

Post-News Season To Share Raises Record $1 237 000

"
Charitable Asset Management attracts affluent individuals and families who
would otherwise need to set up a private foundation to create a charitable
endowment.

further grant

donate however

We are proud to continue raising
these funds and providing meaningful financial support to the outstanding
nonprofit organizations that serve the most needy in our community.

typically however

DENVER, Feb. Funds were raised through reader, community and corporate
donations.

Post-News Season To Share is one of several charitable programs that make
up Post-News Community, the community relations arm of the Denver Newspaper
Agency.
With $9.

A community foundation's funds, however, are derived from many donors rather than a single source, as is usually the case with private foundations.

typically classified

About State Street Corporation

State Street Corporation (NYSE: STT) is the world's leading
specialist in providing institutional investors with investment
servicing, investment management and investment research and trading. The process is seamless for both the client
and advisor.
Donors of all income levels can open a Charitable Gift Account with an
initial tax-deductible contribution of cash or securities valued at $10,000 or
more.