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A review of Uncharitable appears in the Boston Globe and includes comments from philanthropy super researcher Paul Schervish saying that Pallotta's strategies makes sense (although, like me, Schervish has reservations).
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500,000 nonprofits might lose their tax exemption a year from now?! Wow. That's 25-50% of all nonprofits depending on how they're counted. This is a must read.
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Kevin Jones explains a new mission driven fund that will make loans to private schools in India. He says it might be the "next big thing beyond microfinance."
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Clara Miller continues building the case for an "equity-holder ethic" with the counterintuitive (but correct) view that nonprofits should be trying to do less, not more in the face of the financial crisis.
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Mark Kramer and Amber Johnson of FSG Social Impact Advisors see opportunity for foundations with the Obama administration, but also explain how Obama never could have won using the typical strategies of foundations.
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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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