Tuesday, August 25, 2015

Opinion: No Gift Should Be a Suicide Pact — So Drop the Perpetuity Idea - The Chronicle of Philanthropy

Opinion: No Gift Should Be a Suicide Pact — So Drop the Perpetuity Idea - The Chronicle of Philanthropy: "hus, the debate among the students in my classroom: Is everything for sale at a charity? And what about that pesky phrase "in perpetuity," which has a meaning until, apparently, enough money comes along, and then it doesn’t.

Charities, it can be argued, are more than mere legal entities. They have a purpose unaddressed by either government or business and, as a result, occupy an otherwise unfulfilled position in society."



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