Money Without Strings: The Debate Over Operating Support

Posted by on September 2nd, 2008 in General, Investments Comments Disabled
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Better Late than never!  I wish I would have posted this earlier today so that we could have participated, but there was an interesting online conversation about operating support.

80% of the money that foundations distribute to charitable causes is earmarked for charity programs and other purposes so it cannot be uses for basic operating costs like utilities, rent, supplies, etc.

Our very own Paul Shoemaker, founding partner and Executive Director of Seattle SVP directs the online conversation.

check it out.

John Denny

Chair, PSVP