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I hadn't read this before my recent posts on community foundations and commercial donor advised funds. Diana Sieger has a good historical perspective. I believe my points mirror hers (community foundations should not try to be like the commercial DAFs) but I would also guess that she and I would disagree on a number of issues.
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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
Sean – I believe it is important for businesses and organizations to stay committed to their missions AND have a sustainable business model. Was pleased to see your post. Don’t assume I don’t agree with you on many points. I have been following your blog for some time! Thanks, Diana Sieger