December 11, 2003

Making Dollars and Sense

By Peter Panepento

Creating an endowment requires planning and patience but in the long run pays off for most charities

When Hillel of Colorado hired Pat Blumenthal as executive director six years ago, it had only one staff member and an annual budget of $150,000 -- resources too slim to allow it to meet its goals of helping thousands of college students around the state participate in Jewish social, historical, and religious programs.

Hillel has since expanded to eight staff members, an

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