Thursday, February 15, 2007

Foundations Need to Be More Accountable

As a follow up to yesterday's blog about the strange imbalance of accountability in the non-profit sector, this is an interesting article from Philanthropy Today:

OPINION: Foundations Need to Be More Accountable

The article comments on a similar article from Financial Times:

Charity needs a better foundation

This is obviously a very difficult topic. It is very hard -- especially for fundraisers -- to make recommendations to funders... let alone criticize their actions.

Further evidence that traditional "charity" will never answer the problems facing our world. What we need is a new model of philanthropy based on community investments and social enterprise.