Achieving Results | Good Giving
Aug 1, 2009
‘How Public is Private Philanthropy?’ Gets it Right
Nonprofit report gives a nod to recent Philanthropy Roundtable report
The Reid & Reige Nonprofit Organization Report gives a strong note of approval to the Roundtable’s report How Public is Private Philanthropy? Separating Reality from Myth and recommends it for all in the charitable sector. Reinforcing what it calls the private money principle, this article reminds us that charitable funds are subject to private control (not government). The report draws a clear and thought-provoking analogy when noting, “When you look at your next paycheck ask youself if the take home amount is yours to spend as you please or a government subsidy.”