Author Archive:
Buzz Schmidt
Time for a new foundation for philanthropy
Philanthropic institutions and accountability – two big notions whose paths seldom cross. Whose presence in the same sentence evokes sidewise looks from lawyers and financial advisers, snickers from savvy leaders of operating charities, and anxiety …
Divining a vision for Markets for Good
The recently launched Markets for Good initiative, promoted by the Bill & Melinda Gates and William & Flora Hewlett Foundations and Liquidnet seeks to dramatically improve the information infrastructure for the ‘social sector’ to a …
How neutral are the advisers?
I read with interest Andrew Milner’s account of his conversations with foundation investment advisers in your September edition. Pressure from stakeholders usually drives changes in the investment strategies of financial institutions, but private foundations face …
Warren Buffett still has a chance to do it right
News of Warren Buffett’s $30.7 billion gift to the Bill and Melinda Gates Foundation reached me in Europe while I was attending a conference on non-profit accountability. The Gates Foundation would now comprise over 10 …