
Articles
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1 week ago |
insidephilanthropy.com | Mike Scutari
In 2014, Minnesota business magnate Glen Taylor finalized his purchase of the Star Tribune, which, at the time, held the seventh-largest Sunday circulation in the U.S. Hopeful commentators framed the move as an example of a civic-minded billionaire putting a treasured outlet on a path to sustainability and rescuing it from the clutches of rapacious venture capitalists. While billionaire ownership has been a mixed blessing for some news outlets, this has so far been a happier story.
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1 week ago |
insidephilanthropy.com | Mike Scutari
A couple of years ago, I chatted with F.B. Heron Foundation President Emerita Clara Miller about the benefits and drawbacks of a perpetual foundation.
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1 week ago |
insidephilanthropy.com | Mike Scutari
Across the past few months, we here at IP have been calling on funders to “fill the gaps” left by the administration’s draconian spending cuts. Many funders have indicated their general willingness to do that, admirably pledging to up their annual payouts. But these are, by and large, commitments in the abstract, and they stop far short of committing specific funding to cover a specific federal cut.
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2 weeks ago |
insidephilanthropy.com | Mike Scutari
From day one, the Trump administration’s “flood the zone” strategy has sought to bombard the public with such a relentless barrage of funding cuts and policy decisions that opponents would be left, as theNew York Times put it, “gasping in outrage.”That outrage can yield paralysis, including in philanthropy. A funder could be expected to respond thoughtfully to discrete cuts in a specific area.
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3 weeks ago |
insidephilanthropy.com | Mike Scutari
Every spend-down foundation has a unique backstory. Some donors launch a foundation with a plan to shutter its doors within a given time frame or during their lifetimes. Others leave it to foundation stakeholders to decide whether to continue or wind down after the donor passes. Then there’s the Detroit-based Ralph C. Wilson, Jr. Foundation.
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