September 17, 2009, 12:00 - 2:00 PM - Hudson Institute, Washington, D.C. Headquarters
Transcript Now Available - Click Here (PDF format, 33 pages, 420 KB)
Do We Need a Nonprofit Capital Market?
Thursday, September 17, 2009 - 12:00 to 2:00 p.m.
In Billions of Drops in Millions of Buckets: Why Philanthropy Doesn't Advance Social Progress, philanthropy advisor and Root Cause senior fellow STEVEN H. GOLDBERG argues that American charity "haphazardly distributes more than $300 billion of charitable donations among more than two millions nonprofits... with almost no consideration given to which organizations can make the best use of the money. As a result, fragmented funding fails to marshal vital growth capital that strong nonprofits need to achieve meaningful reductions in poverty, illiteracy, violence, and hopelessness." Is this an accurate assessment of American philanthropy? Should we devise a nonprofit capital market that would more efficiently direct funding to our best nonprofits?
On September 17, 2009, Hudson Institute's Bradley Center hosted Goldberg and a panel of experts to address these and other questions. Panelists included KATYA ANDRESEN of Network for Good; Queens College and the City University of New York's ROBIN ROGERS; and HOWARD HUSOCK of the Manhattan Institute. The Bradley Center's WILLIAM SCHAMBRA moderated the discussion.
Goldberg, Schambra, Andresen,
Rogers, and Husock
Program and Panel
KATYA ANDRESEN, Network for Good
ROBIN ROGERS, Queens College and the City University of New York
HOWARD HUSOCK, Manhattan Institute
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