In Foundations

Micronews on philanthropy.

FDN Ctr Pres: These Nonprofits “Too Big To Fail”

From PhilanTopic, by Bradford Smith (Pres. of Foundation Center):

2008 was the year of the bailout, in which the giants of finance and industry were lent a generous helping hand by their friends in the U.S. government, generally because they were considered “too big to fail.” Leaving the irony aside that, in many cases, the result was to create bigger institutions whose future failure could pose even greater risk to the world financial system, it got me thinking about the nonprofit equivalent of “too big to fail.”

The following would be my candidates for nonprofit organizations that are too big, too important, or too (blank) to fail. . . .

Full article here.

Via @pndblog.


Filed under: giving

%d bloggers like this: