Stop the Looting of Charitable Assets
The conversion of nonprofit hospitals and insurers to for-profit companies has resulted in the largest redeployment of charitable assets in history, as Mark Dowie noted in his book American Foundations: An Investigative History. Most states have laws requiring that the assets from the sales be used…
By Richard Magat
Contributor
Is a Growing Glut of Books Weighing Down the Nonprofit World?
One of the diseases of this age is the multiplicity of books; they doth so overcharge the world that it is notable to digest the abundance of idle matters that is every day hatched and brought forth into this world. (Barnaby Rich, 1613) Befitting the vast stretches of the nation’s nonprofit…
By Richard Magat
Contributor
Remembering Robert Bremner, a Humble Chronicler of Philanthropy
Of Robert H. Bremner, the distinguished historian of philanthropy who died last month at age 85, Daniel Boorstin, a former librarian of Congress, wrote, "[He] is neither a sentimentalist, a cynic, nor a muckraker. He is a...sympathetic historian.” Mr. Boorstin had commissioned Mr. Bremner to write…
By Richard Magat
Contributor