October 29, 2009
The Hard Truth: Philanthropists Need to 'Get Real' to Make Lasting Change
While all philanthropists strive to maximize the impact of their money, far too few feel they are succeeding. It's not for lack of good intentions.
Rather, excellence in philanthropy is difficult to measure.
One can point to individual success stories in an annual report, but no market pressures force foundations to track achievements and failures across their entire portfolio of grantees. To make a deep and broad difference, foundations need to force themselves to seek