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The Center for Effective Philanthropy’s Grantee Perception Report is really affecting how foundations think.
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Is the Gates Foundation the first “monopolist” of the social capital markets? This is one of the most interesting articles I’ve read in awhile.
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Note that Mr. Peterson is giving away over 50% of the money he made from his IPO and he’s doing it during his life and he’s going to actually deliver the money to nonprofits “over the next several years”. All marks of the new trends in philanthropy.
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American’s don’t trust nonprofits. They think the money they give is being wasted. It must be remembered that the context within which we discuss philanthropy is a context that assumes nonprofits are pretty lousy.
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Like Trista, I have two young children as well. Will my profession “desensitize them to the needs of the world”?
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How to be a great foundation CEO or board member…
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ABOUT SEAN STANNARD-STOCKTON
Sean Stannard-Stockton is the president and chief investment officer of Ensemble Capital Management, located in Burlingame, CA, midway between San Francisco and Silicon Valley. From 2006 through 2012, Sean authored the Tactical Philanthropy blog and wrote regular philanthropy columns for both the Financial Times and the Chronicle of Philanthropy. In 2012, Sean officially ended the blog to focus on growing Ensemble Capital.
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One Comment
Remember this day, the first time you saw the term Gates Foundation and the verb criticise in the same headline of the New York Times. It will not be the last time.
http://gateskeepers.civiblog.org/blog/_archives/2008/2/16/3526872.html
GK