Dear All
All of us are pursuing our dreams of achieving high and consisitent returns from equity by sharpening our skills in trading, using this forum: thanks to Traderji for providing us this wonderful site.
However I want to introduce this thread for furthering the concept of "achieving superior social returns".
The awarding of the Nobel Peace Prize to Prof Yunus of Bahgladesh for ushering in the concept of Grameen Bank, a world class institution for microcredit as a program for reduction of poverty could not have come at a better time.
I am sure many of us are involved or looking forward to opportunities for investing our time, and may be money, for upliftment of the poors in our country.
I am leaving this idea for discussion in the minds of the members...please read on.
"A Non Profit Goes Broke
Growth is the byword for success at many organizations, but not for the Atlantic Philanthropies, a $3.8 billion foundation that has decided to give away its endowment and shutter its operations by 2020.
By spending down the endowment quickly instead of using it as a war chest to finance perpetual philanthropy, Atlantic expects to achieve superior social returns.
The organizational challenges stemming from the decision proved daunting and ultimately affected everything from Atlantic's choice of grantees to the kinds of people it employs.
Atlantic's story offers strategic, operational, and organizational lessons for any foundation or comparable institution that is considering transformative change. "
If you want the full article, i would be too glad to forward the same if you write to me.
my email
[email protected]
All of us are pursuing our dreams of achieving high and consisitent returns from equity by sharpening our skills in trading, using this forum: thanks to Traderji for providing us this wonderful site.
However I want to introduce this thread for furthering the concept of "achieving superior social returns".
The awarding of the Nobel Peace Prize to Prof Yunus of Bahgladesh for ushering in the concept of Grameen Bank, a world class institution for microcredit as a program for reduction of poverty could not have come at a better time.
I am sure many of us are involved or looking forward to opportunities for investing our time, and may be money, for upliftment of the poors in our country.
I am leaving this idea for discussion in the minds of the members...please read on.
"A Non Profit Goes Broke
Growth is the byword for success at many organizations, but not for the Atlantic Philanthropies, a $3.8 billion foundation that has decided to give away its endowment and shutter its operations by 2020.
By spending down the endowment quickly instead of using it as a war chest to finance perpetual philanthropy, Atlantic expects to achieve superior social returns.
The organizational challenges stemming from the decision proved daunting and ultimately affected everything from Atlantic's choice of grantees to the kinds of people it employs.
Atlantic's story offers strategic, operational, and organizational lessons for any foundation or comparable institution that is considering transformative change. "
If you want the full article, i would be too glad to forward the same if you write to me.
my email
[email protected]
