Do Foundations Make a Difference?
The Center for Effective Philanthropy’s report, The Future of Foundation Philanthropy: The CEO Perspective, has a number of interesting findings from among the 200 responding foundations. But perhaps the most talked about one is this: while 66.6% of these CEOs think foundations can make a significant difference, only 13% see foundations actually making that significant difference.
What hypocrisy this finding reveals. How many of these CEOs would argue to their boards to continue to fund a nonprofit that only achieved 13% of its intended outcomes? I Read more