Winter 2004

Volume 2, Number 3

For foundations, the decision not to fund can be just as important as the decision to fund. When a small group of foundations collectively decided not to put any more money into the Pittsburgh school system they saw as too flawed to effectively aid, they catalyzed the formation of a cross-sector commission on public education. The winter 2004 issue of Stanford Social Innovation Review features the article “Leading Boldly,” which reveals the powerful effects foundation leadership willing to take risks can have.

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The Pitfalls of Profits

By Burton A. Weisbrod

Why nonprofits should get out of commercial ventures. At the same time, the tax code needs to be changed to help nonprofits get more charitable donations.

Leading Boldly

By Ronald A. Heifetz, John V. Kania, & Mark R. Kramer 1

Foundations can move past traditional approaches to create social change through imaginative – and even controversial – leadership.

Field Report

Creative Space

By Andrea Orr

How MacArthur’s no-strings-attached “genius” grants uncover exceptional people.

Managing Risk

By Kathryn Olney

Nonprofits Insurance Alliance of California is thriving, despite taking on clients that no one else would.

Competitive Advantage: A Dance of Relevance

By Jocelyn Dong

Ballet Memphis leverages its understanding of local culture – Elivs, gospel, rockability, and African-American stories – to compete against touring Broadway blockbusters.

Case Study

Golden Opportunity

By Wayne Dunn

When a Canadian multinational laid off hundreds of gold miners in South Africa, it went many extra miles to help them get back on their feet.


The Real Salary Scandal

By Peter Manzo 4

It’s isn’t that some nonprofit CEOs make big bucks. It’s that most nonprofit employees are paid too little.


Risky Business

By Elayne Demby

Nonprofits court trouble with hedge funds.

Hidden at Home

By Matthew Scheuerman

What do you get when you ask nonprofit executives and the public the same question about pressing social issues? Different answers.

Cashing In

By Rosanne Siino

Why nonprofits should raise the bar in corporate partnerships.

Volunteers: Making a Match

By Casandra Lewis & Andrew Nelson

How personalities count when pairing protégés with Big Brothers and Sisters.



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