Should Donors Fund Projects or Give General Operating Support?
The Answer Lies in Their Alignment, Hewlett President says in Annual Report
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In the essay, Brest asserts that the appropriate form of support ultimately depends on the degree to which the funder's goals align with those of the organization. A close alignment of goals and timelines may suggest general operating support, while a divergence in a significant number of the organization's activities may indicate that funding a project is more appropriate. He argues that there should be a presumption favoring general support, but that philanthropic support is only a means to the end of achieving social impact. Ultimately, he says, donors must be guided by that, above all, in deciding how to fashion their support.
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- Companies:
- The William and Flora Hewlett Foundation
- People:
- Hal Harvey
- Hewlett
- Paul Brest
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