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Allison Fine criticizes DonorsChoose for allowing donors the option to earmark part of their donation for administrative costs. I think the problem is with the general mindset around admin costs and that DonorsChoose is creatively doing their best.
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This is a great example of for-profit folk not understanding the cultural context of the nonprofit sector. Plus, I love the title.
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An interesting new “philanthropic brokerage” firm.
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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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