Foundations and Funders
This weeks readings centered around foundations and funders. It was interesting to read about the Oregon Community Foundation, I was really surprised to see how big it was and how much it could accomplish. It was also surprising in doing the scavenger hunt to see just how many grants and money is out there.
I agree entirely with the plan in Obama's budget which we had to read. It seems that today taxation is getting more and more regressive as though that is going to solve any problem. I like the fact that Obama's proposal is fiscally responsible and only effects the top tax bracket. It's refreshing to see that there are some changes in the tax loopholes. I think there's a misconceived understanding that rich people give a higher percentage of their wealth to charity, I'm not so sure that that's true. I feel as though we are really saddled with a deficit and all the tax breaks to the rich are not really helping. In order for fiscal responsibility people need to make sacrifices (as the middle class is making with government benefits) the upper class is going to have to make similar sacrifices.
It seems as though the future of nonprofits is pretty hazy. It was interesting reading the article by Stannard-Stockton about how it must react to the “new normal.” I agree that philanthropists really need to stay on their toes while the crisis unfolds. It seems as though cuts in the nonprofit sector would be the normal reaction to a crisis like this. However, there has been evidence of the contrary.
The article by Goldmark seemed like a shot of reality. It seems as though non-profits have to have a clear mission and goals in order to receive money. It was interesting to see the different measure of non-profit effectiveness. Instead of return on investment or any kind of market efficiency it was impact. I feel as though this is the money appropriate way to measure the success of a nonprofit albeit unclear. Of course, determining all of this is far from simple. It seems as though “impact” is a subjective term and there are certainly steps in determining what impacts one thing more than another.
Additionally it was interesting to read about the Bill & Melinda Gates Foundation. It seems as though the foundation has been a great success and has been particularly good at reducing soil erosion and promoting sustainable agriculture (two topics I'm really interested in).
http://www.gatesfoundation.org/learning/Pages/overview.aspx
Additionally it was interesting to read about the Bill & Melinda Gates Foundation. It seems as though the foundation has been a great success and has been particularly good at reducing soil erosion and promoting sustainable agriculture (two topics I'm really interested in).
http://www.gatesfoundation.org/learning/Pages/overview.aspx
It was interesting to read about the Lake Winnipeg watershed and the role the Community Foundations of Canada had. It was interesting to see how this one foundation would try to attract other foundations to help with the effort of improving the water in Canada. I was surprised to see that many of the foundations came together and mobilized to work together. I had thought that foundations would be competitive or in conflict. I was very happy to see that they worked together to improve the watershed. One part of the solution was educating the community to treat the water better. It seemed as though once these foundations pooled their resources together they were able to be more effective. People were able to get together and work on the environment, but it certainly required some context. The mayor was very progressive and the foundation was proactive in involving the community.
www.cfc-fcc.ca/doc/environment/thinking-like-a-watershed.pdf
