tag:blogger.com,1999:blog-3614581.post725788186914269900..comments2024-03-28T03:11:22.839-07:00Comments on PHILANTHROPY 2173: Endorsement philanthropy and sidecar fundsLucy Bernholzhttp://www.blogger.com/profile/09253941214286179394noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3614581.post-90929002832837036492011-05-31T13:04:09.035-07:002011-05-31T13:04:09.035-07:00Hi John
That's great - we'll keep an eye o...Hi John<br />That's great - we'll keep an eye out for the fund.<br />LucyLucy Bernholzhttps://www.blogger.com/profile/09253941214286179394noreply@blogger.comtag:blogger.com,1999:blog-3614581.post-25186413680540698982011-05-31T12:32:42.184-07:002011-05-31T12:32:42.184-07:00We're working on a Sidecar Fund pilot at Globa...We're working on a Sidecar Fund pilot at GlobalGiving in cooperation with Monitor Institute. We're sorting through these issues and will have a giving vehicle ready in the coming months. We find that many donors, like many investors, find the idea of giving to "funds" attractive.Johnhttps://www.blogger.com/profile/14321229959001742991noreply@blogger.comtag:blogger.com,1999:blog-3614581.post-60387865715397179832011-05-25T11:01:52.542-07:002011-05-25T11:01:52.542-07:00That is exactly right. Philanthropedia provides a ...That is exactly right. Philanthropedia provides a lot of information on how they pick their "vetters." In other cases, you're going on the reputation of the funder (Buffett's gift to Gates Foundation, for example) or the association of funders that would be providing the expertise. <br /><br />It might unleash a new market of information about the "selection capacity" of certain funders - they'd be encouraged to share their due diligence, their evaluations and site visit notes, etc. It potentially creates a marketplace for "vetters" the same way brokerages and individual investment advisors operate on the basis of their "stock picks"<br /><br />LucyLucy Bernholzhttps://www.blogger.com/profile/09253941214286179394noreply@blogger.comtag:blogger.com,1999:blog-3614581.post-59458571640883774612011-05-25T10:20:32.242-07:002011-05-25T10:20:32.242-07:00Lucy, love the idea of "pre-vetted" phil...Lucy, love the idea of "pre-vetted" philanthropic organizations to save folks who want to give hassle (and maybe promote more giving). But who vets the vetters? There are some I trust and some I'd have to research before trusting. Don't we end up in the same place if ther e is a proliferation of side-car funds, etc.?NPOwriter - Melissa Brownhttps://www.blogger.com/profile/16348709597953912059noreply@blogger.com