Skip to Content

Cheaper than ever to name a building for charity

More
Text SizeAAA

Filed under: Wealth, Charity

Donor bricksThere's a fire sale on naming buildings across the country. Wait, strike that, fire sale might not be the best phrase to describe naming a new library or outpatient wing; perhaps "clearance on immortality at charities nationwide" is a better fit.

Over the last year, thanks to the economy; we've lost close to 100 billionaires, 18.5% of our millionaires and the number of gifts of more than a million dollars have been cut in half. According to Bloomberg, this is the reason that numerous charities are in the process of scaling back the donation amount required to name a building and giving donors more time to pay off pledges.
Traditionally, the required donation to get your name etched in stone on the front of a building would require 50% of the actual cost of building, but right now you can get these incredible deals.
  • $500,000 discount to name a cardiac intensive care unit.
  • Previous donors can place their name on the zoo's entrance boardwalk for 20% off of the normal donation amount..
  • Longer repayment periods on smaller naming gifts.
But wait. There's More. There are also price reductions on smaller scale naming gifts and there are extended payment schedules. If you wish to immortalize your name on a locker, bench or tree, the trickle-down effect will help you carve your mark into history at a discounted rate.

You might ask why charities are cutting their naming amounts when they desperately need money to complete much-needed building projects, but the answer is simple. If they wait until the economy, and stock portfolios, recover, they will have missed out on helping the people that they serve.

And if you call right now, not only will you name your first building at a discount, but we'll also throw in an extra order of Warm and Fuzzy Feelings™ at no extra charge!
Subscribe to Walletpop

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.

Vote Now For the Readers' Choice Best in Food Awards
Nominations have been received and vetted for the best-of-breed in gourmet grocers, online gourmet ...
Zingerman's Bakehouse: Artisan Bread and Pastry from Ann Arbor
Zingerman's Bakehouse of Ann Arbor, Michigan, is nominated for a Luxist Award in the best bread ...

Jason Cochran
Jason Cochran Filed under: Bargains, Extracurriculars, Transportation, Travel, Celebs & Money

On board the new Oasis of the Seas: Is it worth the money?

So here I am, writing this from off the coast of Florida as part of the first two-day preview cruise of the magnificent Oasis of the Seas. Royal Caribbean has launched the largest cruise ship in the ...
Geoff Williams
Geoff Williams Filed under: Credit cards

Citigroup holds its customers hostage

Across the nation, Citibank credit card holders are receiving what pretty much amounts to a ransom note: We're going to raise your rates, says the letter, in so many words, but if you spend more ...
Bonnie McCarthy
Bonnie McCarthy Filed under: Budgets, Kids and Money, Saving Money, Technology

Family budgets: Make movie night safe again with family-friendly review sites

Around my house, we don't make the decision to pile into the car and head over to our local Cineplex as easily as we once did. It costs a lot of money these days to see talking animals, wild things ...
Madhusmita Bora
Madhusmita Bora Filed under: Transportation

Shop the friendly skies? The airlines are hoping you'll buy while in the sky

Along with sandwiches and soda, you may one day be able to buy tickets to Lion King and Animal Kingdom while cruising 35,000 feet above ground. A New York Times story reported that the airline ...

Headlines from WalletPop Partners