Editor's Letter

A (New) Case for Giving

As we put this issue to bed, as we say, President Bush’s prime-time address to the nation resonates, still about 14 hours fresh. He implored us all to support the ultimate earmark: $700 billion to bail out the financial system. Skeptics of this plan, many within his own party, questioned the details, leaving the rest of us to so much punditry and precious little expertise. (I’d have suggested locking Michael Bloomberg, Warren Buffett, Steve Forbes — maybe even Palm Springs’ Harold Meyerman — into a room and telling them to solve and oversee the execution of a plan that would pay back any bailout with interest that we could invest in a program to renegotiate at-risk mortgages and avert expensive foreclosures.)

Meanwhile, we have this edition of Palm Springs Life that includes our popular Charity Register & Social Datebook — a reminder that causes greater than ourselves need our support more than ever. As you know, giving dips when organizations tend to serve greater numbers of people needing their services.

In a recent Washington Times story, Patrick Rooney, director of research at the Center on Philanthropy at Indiana University, said a typical recession causes charitable giving to drop between 1 and 3 percent, adding that charities that have diversified sources of funding tend to fare better than those who raise the bulk of funding from one source.

But this, as the president said, is no typical situation; his administration contends that it’s a crisis too big for the market to fix on its own. And that’s why charitable giving should rank high in your own budget this year.

“Desert organizations feel the slower pace of giving,” reports Palm Springs Life wealth writer Ellen Paris. In this month’s column, “Giving in Tight Times," she gleans the experiences and advice from financial and philanthropic personalities in the desert.

Also this month, our In Store column, “Gifts that Give," by Sarah Reiss, encourages us all to consider gifts that bring joy not only to the recipient, but also to organizations in need.

So many of the desert’s most spectacular events benefit important charities. In our 10th annual Charity Register, we present the organizations (and their events) that will help find cures, ease suffering, improve quality of life, and educate and enlighten as many people as possible.


Edit Module
Palm Springs Life
Edit ModuleShow Tags

Related Articles

Rancho Mirage Welcomes 2015 Issue of R/M Magazine

The city of Rancho Mirage celebrated the second issue of R/M Magazine with a Launch Party at Wally's Desert Turtle in Rancho Mirage.

Ground breaking on the new Jaguar Rancho Mirage Showroom - Jan. 20, 2015

Todd Blue, Chairman and CEO of indiGO Auto Group’s Desert European Motorcars announced today that the dealership broke ground on its new state-of-the-art Jaguar Rancho Mirage showroom this morning.

Carey Lohrenz Exhorts Women to be 'Fearless' at Humana Challenge Event

Carey Lohrenz' experiences as a pioneer military aviator have given her insights that she shared Jan. 20 at the Executive Women’s Day at the Humana Challenge.

Mitt Romney and the Quest for the White House

Mitt Romney remained silent on whether he plans to run for President in 2016 during his Desert Town Hall stop on Jan. 19, and instead focused on his solutions for economic and social issues.

Rancho Mirage Library Lecture Series - Dr. William Gudelunas - Jan. 15, 2015

Dr. William Gudelunas, returned from the East Coast once again to a full house at the Rancho Mirage Library Lecture Series.
Edit ModuleShow Tags

Promotions + Contests

Fashionista Friends

Fashionista Friends

Experience the glitz and glamour of Fashion Week El Paseo 2015.
2014/15 Best of the Best

2014/15 Best of the Best

Palm Springs Life’s annual Best of the Best. Readers tell us who their choice is for the “Best of the Best” of the Coachella Valley in over 40 categories.
GuestLife Magical Monterey Bay Experience

GuestLife Magical Monterey Bay Experience

Food + Wine Festival Grand Experience

Food + Wine Festival Grand Experience

Enter for a Chance to Win a Food + Wine Festival Palm Desert 2015 Grand Experience
Cartoon Caption Contest

Cartoon Caption Contest

Each month, we provide a vintage 1950’s cartoon illustrated by Alice Rovinsky. You are invited to submit a caption or vote for your favorite caption.