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The UK newspaper The Times writes about "Poor little rich kids" who are giving away all their money. The mention US based resource generation and the idea that today's engaged philanthropists won't cut back on giving to the same degree as more traditional philanthropists.
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An anonymous foundation officer argues that foundations need to start being accountable rather than demanding that nonprofits be more accountable.
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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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