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A new model for effective philanthropy

Sean Stannard-Stockton, CEO of Tactical Philanthropy Advisors, a philanthropy advisory firm that serves individual and family philanthropists, raises a number of questions that seem to lead toward an entirely new way of practicing philanthropy. And when you first read his questions, you may think he is off his rocker. But read on, and I think you’ll discover, as he suggests, that the new way of giving “is likely to be a lot more effective” and “a lot more fun” than methods currently followed by too many foundations. Read the rest of this entry »

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Diversity and critical skepticism in foundation governance

Just saw this from the Fourth Quarter 2009 issue of the ECFA Focus on Accountability newsletter:

The majority of foundations defrauded by [Bernie] Madoff had four or fewer trustees. More than 80% of foundations that lost between 30 to 100% of their assets to Bernard Madoff’s Ponzi scheme had Read the rest of this entry »

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