Before the Next Recession, Philanthropy Needs to Redefine Efficiency
Stanford Social Innovation Review (SSIR), December 17, 2019.
In a crisis, short-term efficiency can be a shock amplifier. Long-term efficiency comes from building resilient institutions.
There will be another recession. Some economic indicators are already pointing in that direction, like the U.S. Treasury Bond yield curve. It may be mild or severe, and it may be sooner or later. But while we can’t predict the timing or severity, we can be certain that it’s coming. And so, we should be ready.
Read moreHow Foundations Can Manage Volatility in their Endowments
Foundations have a difficult balancing act when it comes to managing their endowments.
Play it too safe and you risk a return that won’t replace the minimum 5 percent of net assets that foundations are required to pay out annually. On the other hand, many an endowment was licking its wounds years after the financial crisis because their portfolios were overly aggressive.
Read moreKeeping the World's Food Supply Secure
For millions of people, the food they eat could kill them. But they may not have a choice. Daniel Chamovitz  has made it his mission to change that.
Read more