The Role of Diversification in Family Foundation Investing
Author: Susan M. Mangiero, Ph.D.
Source: Volume 03, Number 05, July/August 2004 , pp.7-8(2)
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Abstract:
Family foundation activity is far from trivial, with nearly 20,000 foundations contributing over $7 billion in 1998 (“Family Foundations: A Profile of Funders and Trends,” Foundation Center and National Center for Family Philanthropy, 2000). Investing money properly is a challenge at any time but perhaps more so than ever today. As this article goes to print, the U.S. Congress is debating new legislation that would affect private foundations at the same time that state watchdogs are evaluating tighter corporate governance rules.Keywords:
Affiliations:
1: BVA, LLC.