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Should foundations consider spending down to maximize impact? Solid research looking at the trade offs of this strategy that is gaining acceptance.
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Paul Brest has authored an article in the Stanford Social Innovation Review that draws heavily on the blog debate that he and I had a year ago. Should foundations expend resources crafting theories of change or on building great nonprofit organizations?
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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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