About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Tagged with: Finance Giving/Philanthropy Ireland The demise of Anglo Irish Bank in Ireland and its take over by the Irish state may have a direct impact on charitable giving some charities fear.Anglo Irish was known to be very generous to charity, giving a percentage of its profits each year. As the Anglo’s profits grew so too did its donations which sometimes reached €500,000 to individual charities in the social welfare field.It is unlikely that Anglo will maintain its level of giving. Moreover, as other banks continue to need large tax payer support to survive it may have an impact on their ability to give to charity at the same level in the years ahead.However, the example of Northern Rock may give some cause for optimism. Northern Rock Foundation, the single biggest charitable group offering grants in the North-east of England, had initially feared its projects would be ended by the collapse of the mortgage bank in 2007. But Alastair Balls, the charity’s chairman, was able to increase his grants budget for 2008 from £7m to £11m, following pledges made during the nationalisation process.Until the end of 2007, Northern Rock set aside 5 per cent of its profits each year to fund the foundation. The collapse of the bank prompted Mr Balls to cut the charity’s grants budget for 2008 to just £7m, but provisions in the legislation paving the way for the nationalisation of Northern Rock commit it to funding the foundation to the tune of at least £15m a year until 2010. 51 total views, 1 views today Bank problems may hit charitable giving Advertisement 52 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 30 January 2009 | News
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JEFFERSON, S.D. – The fourth annual Iron Cup presented by J&J Fitting will be held Friday and Saturday, Sept. 15 and 16 at Park Jefferson Speedway.On Thursday, the track will host a test and tune session that incorporates makeup features in the Schaeffer Oil IMCA Northern Sport Modifieds, J&J Fitting IMCA Stock Cars and the SignMasters IMCA Modified divisions.These features will award Allstar Performance State, regional and IMCA Speedway Motors Weekly Racing National points. The races will be made up from the Aug. 19 event that was rained out. Drivers in any class can also take advantage of the test session. Grandstand admission will be free and pit passes are $10. There will be a buy-in option to the feature events for drivers who did not qualify on Aug. 19.On Friday, all six IMCA divisions including the IMCA RaceSaver Sprint Cars will be joined by the Nebraska Modified Lites in a full night of racing.Gates open at 5 p.m. with racing at 7 p.m. Modifieds, Sprint Cars and Stock Cars all pay $500 to win, SportMods and Hobby Stocks pay $400 to win and Sport Compacts $100 to win.Adult tickets are $15, seniors $10 and children ages 6-16 $5 with children five and under free. Pit passes are $30. National, regional and state points will be on the line for all IMCA divisions.On Saturday, Park Jefferson will host the same six IMCA divisions along with the final visit by the Nebraska 360 vs MSTS shootout. Modifieds, Sprint Cars and Stock Cars all pay $1,000 to win, SportMods and Hobby Stocks pay $700 to win and Sport Compacts $300 to win.Gates open at 4 p.m. with racing slated for 6 p.m. Adult tickets are $15, seniors $10 and children ages 6-16 $5 with children under five getting in free. Pit passes are $30. National, regional and state points will be on the line for all 6 IMCA divisions.Drivers can register now through the www.parkjeff.com website. Registration is non-refundable. Payment will not be due until Friday, Sept. 15.