A Bubble Bursts

A scandal at the Silicon Valley Community Foundation (SVCF) has roiled the world of philanthropy. It’s a blockbuster story with dramatic elements worthy of an HBO mini-series: An imperious and (until now) impervious CEO, secretive billionaire donors, abusive treatment...

Charity, Incorporated

It seems that every time I set out to write about topics other than donor-advised funds, fresh news explodes on the scene that requires my attention, and yours. This week it’s the astounding – but not at all surprising – announcement by the Chronicle of Philanthropy...

A Tale of Two Letters, and Two Sectors

[Note: A version of this post was published in the opinion pages of The Chronicle of Philanthropy on November 2, 2017.] Here’s an idea: Let’s agree to stop referring to “the nonprofit sector.” That’s because, in reality, there are two nonprofit sectors. The first is...

Strange Math

[A version of this piece appeared in the Chronicle of Philanthropy on July 13, 2017.] Here’s the world’s simplest math problem. My wife Pat and I often meet a pair of friends for a movie. If there’s a risk that the show will sell out, I run over to the theater ahead...