assets

Reeling from significant declines in assets, area foundations are tightening their belts and expecting more competition for grants in coming years....

The Burton D. Morgan Foundation in Hudson and the Akron-based GAR Foundation both estimated a 20 percent dip in assets in the past year and worry that as assets go, so does giving....

In the arcane realm of derivatives, all over-the-counter contracts combined have been valued at 3 1/2 times the world's total assets. Ridiculous, right? Not entirely.

According to a new report from the Foundation Center, assets held by Georgia foundations jumped 30 percent between 2001 and 2006, while foundation giving rose 1 percent over the same period....

JPMorgan Chase swoops in to buy $1.9 billion in assets from the government. The bank's failure is the worst in US history, and 13th financial institution to fail this year.

Where's the government going to come up with $700 billion to buy all the bad assets from banks? It'll borrow it, mostly by selling short-term Treasury bonds.

But there could be some long-term consequences for the economy. John Dimsdale reports.

The company has distributed $39 million through corporate contributions and grants and has helped more than two hundred nonprofits each year through the Lehman Brothers Foundation, which had assets of $20.9 million as of November 2006....

One report says Treasury officials are worried the mortgage giants won't survive without government help.

Their true value of assets on their books is questoned too. Steve Henn reports.

The federal takeover of IndyMac, a California-based mortgage lender that had $32 billion in assets, has led a lot of folks to wonder whether their own bank will be the next victim of the credit crunch.

When the estate of its founder is settled, the Harold Alfond Foundation will have at least $500 million in assets, which will be used to provide support for education, health care, and athletics....