Grappling with a wealth of guilt
The Washington Post
By Ian Shapira
They are young people who have inherited or stand to inherit big money, and they are spending their post-college years living modestly and working to address the needs of the poor, hungry and politically disadvantaged. But the privilege they grew up with and the money coming their way nag at them in ways few people not in their position can fathom.
…This year, the Council on Foundations started a Next Generation task force to explore ways to support young philanthropists. Read full text.
Answers About Community Philanthropy, Part 2
The New York Times
Following is the second set of answers from Lorie A. Slutsky, president of the New York Community Trust, on community philanthropy, the value of many different approaches to charitable giving, and their importance in maintaining a strong democracy. Read full text.
Gates Foundation Gives $335M for Teacher Quality
The Associated Press
Three school districts and a coalition of charter schools have agreed to be test kitchens for some radical ideas for improving teacher quality — from paying new teachers to spend another year practicing before getting their own class to letting student test scores affect teacher pay.
In exchange, the Bill & Melinda Gates Foundation is handing them the biggest pile of cash it has spent on education reform in about a decade. Read full text.
The Unnatural Act of Collaboration
By Andrew Schulz
The Council and the Donors Forum just wrapped up a conversation among Chicago-area foundations and charities about the opportunities and challenges inherent in collaboration between foundations and government. This was unlike other discussions I’ve heard about the topic where each side issues challenges to the other about what they can and should do. Read full text.
Stimulus Creating Jobs Even If Numbers Not Known, Watchdogs Say
By Jonathan D. Salant and Lorraine Woellert
The $787 billion stimulus is meeting its goal of creating jobs, even if problems with reporting prevent the government from knowing exactly how well it’s working, government watchdogs said today.
Read full text.