Philanthropy
Irving Reuter established the Janirve Foundation in 1954. The name "Janirve" is a neonym derived from the first names of Jeanette and Irving Reuter. Mr. Reuter died at his home in Asheville in 1972 at the age of 87. Much of his estate was transferred to the Janirve Foundation following the death of his wife Jeanett, which occurred in 1984. She was 98. The foundation was to have a limited life, and thus has been the source of a protracted legal wrangle.
One source noted that from 1984 to 2002, the Janirve Foundation distributed $59,863,536 in 1388 grants. Another source reported that: "In 1984, the foundation became involved in grant making, and since that time has issued 1,612 grants totaling $78,897,103. In 2005, there were 78 organizations that received grants in nine different categories that include Arts and Culture, Children and Youth, Community Projects, Education, Environment, Healthcare and Shelter, Social Services, and Miscellaneous. The total amount of funds issued in 2005 equal $5,521,800."
Through the foundation, the Reuters made large philanthropic gifts to the University of North Carolina at Asheville.' The Reuter Center is part of the Center for Creative Retirement, and they funded much of the building. The Reuters also donated large sums to Habitat for Humanity. A $2 million matching grant to the west North Carolina Young Men's Christian Association was the largest donation in the organization's history (the building is named in their honor). They also donated to many other Asheville, North Carolina charitable and civic organizations, such as the Asheville Symphony Orchestra.
The Janirve Foundation Advisory Committee Members: Richard B. Wynne, Vice Chairman; E. Charles Dyson, Chairman Met R. Poston, Committee Member; John W. Erichson, Secretary; and James W. Wollcott, Committee Member.
Read more about this topic: Irving Jacob Reuter
Famous quotes containing the word philanthropy:
“... the hey-day of a woman’s life is on the shady side of fifty, when the vital forces heretofore expended in other ways are garnered in the brain, when their thoughts and sentiments flow out in broader channels, when philanthropy takes the place of family selfishness, and when from the depths of poverty and suffering the wail of humanity grows as pathetic to their ears as once was the cry of their own children.”
—Elizabeth Cady Stanton (1815–1902)
“I shall not be forward to think him mistaken in his method who quickest succeeds to liberate the slave. I speak for the slave when I say that I prefer the philanthropy of Captain Brown to that philanthropy which neither shoots me nor liberates me.”
—Henry David Thoreau (1817–1862)
“Almost every man we meet requires some civility,—requires to be humored; he has some fame, some talent, some whim of religion or philanthropy in his head that is not to be questioned, and which spoils all conversation with him. But a friend is a sane man who exercises not my ingenuity, but me.”
—Ralph Waldo Emerson (1803–1882)