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December 29, 2008

Opinion: Business Does Have a Place in Charity

Rather than frowning on hefty pay packages for charity executives or denouncing the use of business practices, charities should be more open-minded in embracing them, writes Nicholas Kristof in an opinion article in The New York Times.

Mr. Kristof notes that a controversial book by Dan Pallotta, a former fund raiser, entitled Uncharitable: How Restraints on Nonprofits Undermine Their Potential, argues that the charity world will not achieve real progress unless it revises its stance on incorporating business tools into its operations.

For more on Mr. Pallotta, read The Chronicle’s coverage of his book.

(Free registration is require to view the Times article and a paid subscription or short-term pass is required to view the Chronicle article.)

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