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Weekend Link Roundup (October 24-25, 2015)

October 25, 2015

Hill_Benghazi_Prus-2fOur weekly round up of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog.

Data

Is there such a thing as too much data? Indeed, there is. The Center for Effective Philanthropy's Kevin Bolduc explains.

Education 

Facebook founder Mark Zuckerberg and his wife, Priscilla Chan, have announced that they plan to open a private comprehensive preschool and K-8 school linked to health services for children and families in East Palo Alto, the San Jose Mercury News reports. "Set to open in August," Sharon Noguchi writes, "the project stems from Chan's passion to alleviate the effects of poverty on children — something she's witnessed while tutoring  inner-city Boston and now working as a pediatrician at San Francisco General Hospital...."

And on the Aspen Idea blog, Rachel Landis details the lessons learned, as recounted by Washington Post reporter Dale Russakoff in her book The Prize: Who's in Charge of America's Schools?, from Zuckerberg's failed $200 million effort to transform the public school system in Newark, New Jersey.

Higher Education

If current trends persist, California will fall about 1.1 million college graduates short of economic demand by 2030. Here's what the Golden State should do to address the situation.

Inequality

"[E]ven in times of low economic inequality only a few people have had abundant money. And a bag of that money in an empty room is nothing but paper," write Janet Topolsky, executive director of the Aspen Institute Community Strategies Group, and Deborah Markley, co-founder and managing director of the Center for Rural Entrepreneurship, in the Huffington Post. "[And what] turns that money into real value is what truly constitutes wealth: skills, creativity, health, experience, agglomerations of knowledge, natural resources, infrastructure, political savvy, relationship networks, and cultural ways of making and doing...."

Innovation

Americans for the Arts' Stacy Lasner reports on the growing number of organizations that are embracing the arts as a way to foster a culture of innovation.

International Affairs/Development

"I think the SDGs are both worthless and yet worth it," writes Lant Pritchett, senior fellow at the Center for Global Development, on the center's blog. "My perhaps perverse view is that the SDGs are terrific because they will have no impact. The choices for a post-2015 UN development agenda were: (a) a 'more of the same' extension of the MDG approach, (b) nothing, and (c) something like the SDGs. While one can debate whether the SDGs are slightly better than nothing or slightly worse than nothing, my argument is that even if the SDGs are worth nothing they are still far better than the MDGs...."

Philanthropy

Philanthropy411's Kris Putnam-Walkerly lists ten mistakes to avoid when hiring a philanthropy consultant.

It's no secret that America's private foundations increasingly are turning their backs on unsolicited proposals. Pablo Eisenberg, a senior fellow at the Georgetown Public Policy Institute, says that ain't right — and he's got a solution.

Who are you calling narcissistic? The Christian Science Monitor's Molly Jackson digs into a new a report from Thrivent Financial, a member-owned financial services organization for Christians, which finds that millennials' money difficulties may be shaping their values in surprising ways.

On the Huffington Post's Impact blog, Paula Broadwell, co-founder and -director of the Think Broader Foundation, reports on the new, female face of philanthropy.

Fidelity Charitable reports that it made $2 billion in donor-advised grants in the first nine months of 2015 — a record — and added five new pools to its investment options, including an impact investment pool.

Not sure what a donor-advised fund is -- or why you should care? On the HistPhil blog, Lila Corwin Berman, an associate professor at Temple University, offers an historian's perspective.

And DAFs aren't the only giving vehicle experiencing healthy growth. Crain's New York Business reports that the assets of the largest fifteen foundations in the state were up an average of  14.3 percent on a year-over-year basis. Topping the list, in percentage terms, is the JPB Foundation, a foundation built off the wealth of Jeffry and Barbara Picower, who were charged as the largest beneficiaries of the Bernie Madoff Ponzi scheme.

That's it for this week. What have you been reading/watching/listening to? Drop us a line at mfn@foundationcenter.org or via the comments section below....

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