Reversal of real fortune.(Who ... When ... Where ... How ... WHAT?)

Nonprofits normally benefit from donations of stock because a donor is aiming to reduce the tax liability on the capital gains of a Wall Street rally or a bull market. For the Boys and Girls Club of Pittsfield, Mass., however, it was quite the opposite until recently.

Two years ago, officials with the club weren't even sure if they wanted to accept the offer of a small company's stock that wasn't performing well because of the risk involved. The stock soared and the club sold it in December 2006 for nearly $14 million, only recently making the announcement. Club President John Donna told The New York Times that the club agreed not to disclose the name of the donor or company, but said the donor was very happy it happened.

Located in the Berkshire Mountains, about 40 miles east of Albany, N.Y., the 107-year-old organization normally spends about $2 million annually, operating a skating rink and summer camp. In the two years prior to the windfall, public support was about 1/10th of the stock windfall.

The club has established an advisory board to figure how what to do with the almost $14 million, but so far has only spent about half-a-million dollars on building Improvements.

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