“We think of stocks as the paradigmatic investment, but bonds are the single most important force in the financial world…”
We think of stocks as the paradigmatic investment, but bonds are the single most...
Category Archives: Money
“The charitable sector is a bit like the Wild West — by design”
The charitable sector is a bit like the Wild West — by design. Foundations...
“Pressed to an extreme, inequities, both visible and symbolic, become a source of social outrage even if they are no worse than older inequities”
Pressed to an extreme, inequities, both visible and symbolic, become a source of social...
“Invariably, when a large donor makes a major investment in an area of activity, that investment attracts other dollars and corrals the energy of the entire community”
An older generation of donors tended to give to big institutions, which they counted...
“Strategic philanthropy is possible because strong communal bodies take care of the basic needs of the community”
Strategic philanthropy is possible because strong communal bodies take care of the basic needs...
“We are not a fundraising organization. We are a forward thinking, problem-solving organization that raises funds to support our mission and our work”
Many Federations identify themselves as fundraising organizations and judge their successes by the size...
“…how could one sector possibly take market share away from another sector if it isn’t really allowed to market?”
…we tell the for-profit sector, “Spend, spend, spend on advertising until the last dollar...
“…if a nonprofit organization ever had a dream of building magnificent scale that required that for six years,…we would expect a crucifixion”
Amazon went for six years without returning any profit to investors, and people had...
“…we should be investing more money, not less, in fundraising, because fundraising is the one thing that has the potential to multiply the amount of money available for the cause that we care about so deeply”
…this one very dangerous question, which is, “What percentage of my donation goes to...
“Our generation does not want its epitaph to read, “We kept charity overhead low.” We want it to read that we changed the world…”
This is what happens when we confuse morality with frugality. We’ve all been taught...