The writings of observers like Dan Pallotta suggest that nonprofits shy away from investing in advertising because of pressures to limit their overhead. Ohio State University accounting professor Brian Mittendorf looks at the numbers and finds that nonprofits don’t seem to underinvest in advertising, overhead concerns or not.
Billionaire philanthropists have many options for doling out their mega-funds, and many will opt for traditional private foundations. But how do we raise questions about the timing of long-term grantmaking? And does the “spend down” model need rebranding?
Last week the Senate approved a $60.4 billion aid package for hurricane Sandy relief for the East Coast, legislation but House Republican Leadership failed to act on it before closing the legislative session.