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Daily Nuggets: A For Impact Blog

Good Work Attracts Good Money


Just finally got around to skimming my December 8, 2005 issue of the Chronicle of Philanthropy. (What a great job they do of covering our “world” as opposed to that rag NPT.)

Steve Mayer heads the Effective Communities Project in Minneapolis. Never met him, but LOVED HIS MESSAGE!!!

Main thrust was towards “COMMUNITY FOUNDATIONS”.

You’d think they would be interested in the “COMMUNITY“. Instead, Mayer comments, “They have a different purpose: To Build & Manage Big Endowments.”

I feel the same way about a lot of the larger nonprofit organizations, universities, etc. It’s an ENDOWMENT WAR. You’ve heard my shtick on that.

If you get a chance to read this message from Mayer, it’s worth looking at.

Of course, his title “GOOD WORK ATTRACTS GOOD MONEY” is pretty consistent with our For Impact Epiphany:

IMPACT DRIVES INCOME.

P.S. Get some really good thoughts around “innovative thinking” for Community Foundations. Check it out.