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You don't see nonprofit acquisitions every day. I hope we see more, but they're hard to structure since they can often lead to one executive staff losing their jobs.
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Seth Godin looks at money as motivation. Many people believe that wealthy donors give to charity to save taxes. This is actually totally illogically since even with the tax deduction they still end up with less money than they had before making the gift.
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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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