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Hands-on philanthropy
I feel about raising money no different than a salesman making a sales call. When I'm successful, I get the same psychological pleasure.
Remarks of retired financier and New Yorker Lewis Cullman, who has given away more than $100 million in the past 10 years and sits on many of the most prestigious boards in the city. According to Miriam Kreinin Souccar's article 'Donors give their all without giving an inch, combine generosity with tight control' wealthy New Yorkers have always given generously to charity. Now, they are rescinding their gifts to nonprofits, or taking the charities to court, if their money is not being used to their liking. Part of the reason is that many donors are either working or retired executives who are applying what they have practiced in business to the nonprofit sector. Some see their philanthropic activities as continuations of their careers. Branding philantrophy... |
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posted by BlogFonk: Tuesday, June 01, 2004 [#] Erms Suripatty