A Stock Exchange for Charities, Plus More: Tuesday’s Roundup
December 1, 2009 | Read Time: 1 minute
- Is a “stock exchange” for charities a viable idea? Robert Frank, a senior writer with The Wall Street Journal, raises this question and looks at the Social Impact Exchange, a new online forum that allows donors to support high-performing charities. Read The Chronicle’s article about the forum.
- On a Harvard Business blog, Dan Pallotta, author of Uncharitable, responds to criticisms of his ideas about how to improve the nonprofit world. Mr. Pallotta, a former fund raiser, says that charities are constrained by “irrational” rules that discourage risk-taking, high salaries, and large-scale marketing efforts. Read The Chronicle’s profile of Mr. Pallotta.
- While being a nonprofit board member is a rewarding experience, it is as demanding as any full-time job and requires some knowledge of charity finances, writes Don Reynolds, an investment adviser, in the Fort Worth Business Press.
- Jacob Colker, co-founder and chief executive of the Extraordinaries, a company that has created a volunteering service for people with mobile phones, responds to a recent critique of his company’s approach reported on in The Chronicle’s Give & Take. Mr. Colker’s response can be found in the comments section of the post.