01-19-2016, 06:20 PM
Acer wrote:
After a career among non-profits, I daydream about a corollary to this question. If I were suddenly 1%, what if I shared my largess with some perennially cash-stricken non-profit, by providing a juicy endowment that put them in the black indefinitely. How would that screw up their culture?
I would do it only with some careful controls in place, or a sufficiently substantial endowment to put a foundation in place. Or endow a chair or something. My sister is the proud holder (sitter ? ) of an endowed chair at her Zoo where she has worked since getting her MS over 30 years ago.