The world does not need another non-profit I thought I saw an opening in the philanthropy space. An idea that was simple, a need unmet and an opportunity to be creative. You may know from my previous writings that I am a fan of program related investments (PRI's). Program related investments are loans to non
How you can turn $1,000 into a $1 million charitable event I was watching Sunday Morning on CBS when the story came on about RIP Medical Debt. Seems a couple of guys who were in the medical debt collection business had an idea. Rather than buying bad medical debt from hospitals and healthcare providers for pennies on the dollar and the
Did a business ethics scholarship result in unethical behavior? For this post I am going to protect the innocent (and perhaps the guilty) as I want to simply share the experience- I'll leave out the bad actors. The development officer for the college approached me for a donation. His pitch fascinated me....there had never been a
How I lost $800,000 but created $6 billion in charitable donations It was 1999 and I was part of the dot com bubble. Following a successful IPO I was looking to give back. I got approached by Eric and David (you've read about Eric here before). The two were excited about their new start up, Wavemaker. Wavemaker was sort
How I turned a $100,000 loan into a $400,000 gift It was about twenty years ago when my phone rang. I had recently taken a company public and my friend Eric was on the Board of a local non-profit called The Johnson House. The Johnson House was one of the first stops on the Underground Railroad and it was in
