Giving or Hoarding: What is the Money Doing?

By |August 5th, 2013|

Some community foundations really want to raise more money and then manage it over the long haul. With this said, not all do this, but here again many do. And at times donors question the integrity of truly making a significant difference in one’s community or simply holding onto the funds for continual feeing of salaries. And this is also a common argument against private foundations and family foundations. If only 5% of the funds must legally be distributed yearly, then what real change can occur? And when the patriarchs of such foundations [...]