The Who-bodies Blocking Donor-Advised Fund Reform
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Our grandson Jack is a few weeks shy of turning three, but he’s extremely verbal and bright – or at least this doting grandfather thinks so. During our July family…
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The Inglorious Life and Sudden Death of AmazonSmile
Last week’s big news was that AmazonSmile is closing shop after ten years. What can you say about AmazonSmile? What can you say about a corporate behemoth that undertakes an…
Read More What’s on the Agenda?
[Note: An edited version of this article appeared in Harvard Business Review on October 12, 2022.] If I’ve heard it once, I’ve heard it, well, a dozen times: “We almost never…
Read More The Rich (Organizations) Get Richer
The boarding school I attended recently announced a $25 million gift from one of its trustees. I don’t begrudge my alma mater its big gift. I’ll also note that the…
Read More Staff Salaries Matter
Everyone values the work that nonprofits do. But not everyone values the people at nonprofits who do the actual work. I’ve repeatedly encountered nonprofit boards that fail to invest appropriately…
Read More This Spin Won’t Wash
November marks the tenth anniversary of Professor Ray Madoff’s New York Times op-ed calling for new rules that would accelerate grantmaking from donor-advised funds. Over the years since, as the…
Read More Wealth and Charity
[Note: This article was also published in The Chronicle of Philanthropy on May 19, 2021.] The rich are richer than ever before. We have to keep this in mind when we…
Read More Boom! MacKenzie Scott Brilliantly Disrupts the Philanthropic Status Quo
If you’re looking for one good thing to come out of 2020, I would nominate the remarkable philanthropy of MacKenzie Scott. Scott, a novelist, philanthropist, and former wife of Amazon…
Read More New Year’s Resolutions
Now that we’re well into December, can’t we just get 2020 over with? The new year won’t be any sort of picnic, but it has to be better than 2020.…
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