Foundations, For Better or For Worse

Most of us don’t question the basic operating procedures of private foundations. They are what they are. But if not for a turn of events a century ago, the common business model for foundations could have evolved in a much different – and, to my mind, much better –...

Real Change

[This post was co-published in Inside Philanthropy on September 10, 2015.] A friend of mine rolls her eyes whenever I speak skeptically about the value of charitable endowments. “You’re neglecting the future!” she tells me. She thinks that I’m being profligate and...

As Rich as Rockefeller?

All of you who are struggling to get your next foundation grant application pulled together and those of you who work earnestly as foundation staff or trustees may want to pause and think about how these entities – the powerful, life-giving, and capricious foundations...