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By Ann Logue on February 6, 2013
Donor-advised funds are major players in the charity world. These are foundation funds managed by an outside organization (often a community foundation), but the person who donates the money chooses what charities will receive the money. The National Philanthropic Trust reported on the results of these funds last year, and the news was good. Assets [...]
Posted in Fiduciary responsibility, Hedge Funds, Nonprofit and Endowment Management, Socially Responsible Investing | Tagged donor-advised funds, foundations |
By Ann Logue on August 28, 2012
We like to think that a college is forever, and some in this world are mighty old. The reality is that it’s a competitive world out there, and that goes for colleges, too. Last week, Morris Brown College announced that it was in danger of foreclosure. The Atlanta institution had taken on too much debt [...]
Posted in College Admissions and Costs, Fiduciary responsibility | Tagged college accreditation, college costs, college financial health, fiduciary responsiblity, Morris Brown College, paying for college |
By Ann Logue on July 31, 2012
America’s universities are mostly funded by private funds: tuition and donations. Yes, even private universities receive government funding, but the volume of state and federal dollars has been steadily declining. Who provides the money, and how much they give, affects the amount of non-loan financial aid available, what you get for that money, and how [...]
Posted in College Admissions and Costs, Fiduciary responsibility, Nonprofit and Endowment Management | Tagged boards of trustees, college education, donors, fundraising, non-profit managment, paying for college, scholarships, stewardship |
By Ann Logue on June 15, 2012
The Washingtonian Magazine has a long story about management tensions at the Cato Institute, a libertarian think-tank. The most interesting part, to me, was this tidbit: the Cato Institute has shareholders because Kansas corporation law allows non-profits to have a corporate ownership structure. That’s really unusual. A typical non-profit organization is “owned” by its donors [...]
Posted in Fiduciary responsibility, Nonprofit and Endowment Management, Socially Responsible Investing | Tagged Cato Institute, corporate governance, Fiduciary responsibility, non-profit governance, Socially Responsible Investing for Dummies |
By Ann Logue on February 10, 2012
At this point, we all know what happened: Susan G. Komen for the Cure decided to cut grant funding for Planned Parenthood, the executives gave conflicting stories about why it was cutting funding, and people all over raged on Facebook, Twitter, and what have you. Once criticism that I saw, several times, was the idea [...]
Posted in Fiduciary responsibility, Political Discourse, Socially Responsible Investing | Tagged corporate governance, Fiduciary responsibility, non-profit governance, Planned Parenthood, Socially Responsible Investing for Dummies, Susan G. Komen for the Cure |