Big News — But Not Good News

[Note: This commentary is cross-posted in the November 15, 2012 edition of the  Chronicle of Philanthropy.] Today it’s my duty to point out a disturbing trend for America’s charities. Each year the Chronicle of Philanthropy compiles the Philanthropy 400, a...

Endowments, Pro and Con

OK. I admit it. Sometimes I go a bit overboard to prove a point. A friend of mine made me realize this the other day. She chided me: “You’re always beating on endowments. Sometimes, you know, they’re a good thing!” Somewhat to her surprise, I agreed. But, as they say...