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As one of the nation's largest philanthropic organizations, the Ford Foundation can afford to be generous. The foundation offers grants to individuals and institutions worldwide that work to meet its goals of strengthening democratic values, reducing poverty and injustice, promoting international cooperation, and advancing human achievement. The Ford Foundation's charitable giving has run the gamut from A (Association for Asian Studies) to Z (Zanzibar International Film Festival). The foundation has an endowment of about $10 billion. Established in 1936 by Edsel Ford, whose father founded the Ford Motor Company, the foundation no longer owns stock in the automaker or has ties to the founding family.

The Partnership for New York City is a group of business leaders pledged to work for the economic and cultural betterment of all five boroughs. To achieve its goal of maintaining New York City's position as the global center of commerce, culture, and innovation, it conducts research, participates in policy making, lobbies government, and invests in economic development efforts. Its many partners include American Express, Con Edison, Macys, Tiffany & Co. The group was formed in 2002 from a combination of two already-affiliated organizations with complementary missions: the New York City Partnership, founded by David Rockefeller in 1979, and the New York Chamber of Commerce and Industry, which was formed in 1768.

Profit from continuing operations climbed to $92.6 million, or 22 cents per share, from $81.3 million, or 17 cents per share, a year earlier. AutoNation, which has 406 new-car franchises and 41 used-car stores, said its new-auto sales rose 68 percent from the year- earlier period to $3.21 billion as U.S. new-car sales industrywide moved toward breaking the 1986 record of 16 million vehicles. AutoNation's same-store sales rose 21 percent. The largest U.S. employment-services company said net income rose to $48.9 million, or 63 cents per share, from $42.9 million, or 53 cents per share, a year earlier.

For the first nine months of 2001, net income from operations was $101.4 million, down 2.9% from $104.5 million in the prior year, or $1.38 per share (diluted) and $1.40 (basic) in the 2001 period versus $1.41 per share (diluted) and $1.42 (basic) in 2000. Figures for the first nine months of 2000 excluded $9.8 million, or $0.13 per share, in a financial statement tax benefit related to the Company's stock price in connection with the Employee Defined Contribution Stock Incentive Plan and included a pretax charge of approximately $750,000 for severance payments. Net revenues for the 2001 period were $461.7 million, up from $458.9 million in the previous year. The significant decline in pretax income versus prior year levels in this segment resulted primarily from lower average balances related to client financing and narrowing interest spreads. Contributing factors included the September 11th tragedy, which closed the U.S. equity markets for four trading days, and seasonally lackluster market volume prior to the attack. Revenues from clearance fees were even with prior year levels. Neuberger Berman Inc. through its subsidiaries is an investment advisory company with $52.1 billion in assets under management as of September 30, 2001. For more than 60 years, the firm has provided clients with a broad range of investment products, services and strategies. Neuberger Berman Inc. engages in private asset management, wealth management services, tax planning and personal and institutional trust services, mutual funds and institutional management, and professional securities services for individuals, institutions, corporations, pension funds, foundations and endowments. Its website, and this news release, can be accessed at http://www.nb.com. The firm is headquartered in New York with offices in major cities throughout the United States.

U.S. Trust shed its corporate banking and institutional custody businesses during Mr. [Jeffrey S. Maurer]'s years there in order to focus on personal financial services, private banking, and investment management. The company now manages $90 billion of assets. In 2001, the San Francisco discount brokerage house Schwab bought the company, and Mr. Maurer was promoted.

Neuberger Berman Inc. said it had hired David R. Pedowitz to be a managing director in its private asset management group. Mr.