Monday, June 13, 2005

St. Paul Pioneer Press | 06/11/2005 | Conference focuses on black giving

St. Paul Pioneer Press | 06/11/2005 | Conference focuses on black giving: "Conference focuses on black giving

DAVE BEAL


A star minority athlete, still in his early 20s, lands a multimillion-dollar deal to play for a big-league professional team. Suddenly, he has a windfall, but little sense of how to invest his newfound fortune or ways to steer it to worthy causes.
U.S. Bancorp and the Minneapolis Foundation think they have answers. The bank will manage the money, and the foundation will stand by to advise the athlete on how best to give some of it away.
Officials from both organizations disclosed their new initiative Friday, at the biannual meeting of the National Conference on Black Philanthropy in Minneapolis."

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