7 in 10 people born into poverty will remain in poverty their whole lives. Together we can tip the odds.
Are future generations best served by current saving or current spending?
Are future generations best served by current saving or current spending?
Last week, two leaders in the philanthropic sector wrote a thought-provoking article in the Chronicle of Philanthropy, “Now or Forever…: Rethinking Foundation Life Spans.” The authors, Ray D. Madoff, a law professor at Boston College and co-founder and director of its Forum on Philanthropy and the Public Good and Rob Reich, professor of political Science and co-director of the Center on Philanthropy and Civil Society at Stanford University explored the question of foundation philosophies: quick distribution of funds to make immediate impact, or slow distribution designed to impact the future?Daniel LurieApr 4
