It has been a while since I have blogged on here. As some of you may know, on May 29th (a date I will never forget), I was hit by a car that broke both of my legs. After a three week hospitalization, I learned that I did not "qualify" for a rehab program because I was not "weight baring" (and would continue to not be for the rest of the summer). So I literally spent the summer bedridden, often alone with my thoughts. It gave cabin fever a whole new meaning.
Gradian Health Systems provides access to a unique anesthesia machine that requires no power source or compressed oxygen to function. That makes the Universal Anesthesia Machine (UAM), as it is called, perfect for many poor and underserved countries around the world. Although clearly a wonderful tool, that’s not what makes this unusual. The fact that Gradian is a Limited Liability Corporation (LLC) wholly owned by a private foundation is.
I joined hundreds of leaders from the nonprofit sector at the Massachusetts Nonprofit Network 2014 annual conference on October 29. The capacity crowd participated in interactive idea labs and leading-edge workshops led by bright, instructive leaders in the sector who presented sessions on emerging practices, innovations, and tools to help nonprofit leaders and their organizations succeed
THE ATLANTIC PHILANTHROPIES is down to its last billion dollars. The once ultrasecretive foundation funded by Chuck Feeney, who made his fortune as a founder of the Duty Free Shoppers Group, is making good on its promise to give away all of its money in the next two years.
Associated Grant Makers mourns the passing of R. Bruce Taylor, husband of fomer AGM President Janet C. Taylor. Janet was one of the original staff members at AGM and served 9 years as President. AGM named its former library in honor of Ms. Taylor, and after the closing of the library in 2013, AGM renamed its print collection the Janet C. Taylor Print Collection. Mr. Taylor died unexpectedly at home on November 6, 2014. We extend our deepest sympathy to Janet and Mr. Taylor's entire family and friends.
Foundations and other nonprofits that want to invest in Community Development Corporations in Massachusetts have until the end of the year to do so and, under a new program, claim a state tax credit equal to half of their donation.
Given the immense diversity of foundations, it is a challenge to talk about any aspect of foundation behavior that goes beyond the minimum required in law and public policy to reach prescriptions for the behavior of foundations across the board.