I thought you would be interested the story, “Testing Donor’s Intent, 350 Years Later” from The Wall Street Journal.I have taken a couple of months off from writing my blog. Some of you have asked about my health, attitude, etc. I assure you all is fine. It took a violation of donor intent, now over 350 years old to awaken my writing about philanthropy again.I find myself a bit frustrated with how philanthropy, fundraising and nonprofits are being characterized and managed today. My pronouncements over a year ago about the threats on the charitable deduction are becoming more real every day. Meanwhile, many nonprofit leaders are surprised that the promises of “it won’t happen” continue to be wiped away.My instinct that fundraisers and nonprofits want to raise money get brushed aside in an argument about why rich people have money and have the right to say where it goes.Now this issue has reared its head in Ipswichip, Massachusetts 350 years later.I have written and spoken about fulfilling donor intent for years. Read the article, think about William Payne and what the best ways to fulfill his intent are. Was his intent to preserve the land or help the school? Did he believe the best way to preserve the schools was to preserve the land? Have the trustees of the land trust operated appropriately? And by the way, who is in charge of watching this? Politically ambitious attorney generals?What would you decide about this matter and more importantly, why?It’s not a matter of what you or any other person would have done if you were William Payne. Even from the grave, it is about what he wanted.That’s why it’s called donor intent.
Hartsook Announces Its New President
Hartsook is pleased to announce the promotion of Karin Cox to the position of President. Karin has served as Senior Executive Vice President since 2008.
Karin Cox, MFA
President and Co-Founder, Hartsook
“Karin’s well-deserved and timely promotion to President and Co-Founder recognizes her vital role in Hartsook’s creation, its present and its future,” said Hartsook Chairman and CEO Dr. Matthew J. Beem. “Because she is based in North Carolina, Karin is particularly accessible to our East Coast clients, in addition to her clients located around the country.”
Karin Cox and Bob Hartsook opened Hartsook’s doors in 1987. Since then, the organization has been active in helping nonprofits harness the Power of Philanthropy™.
Karin has served in senior leadership roles in nonprofit and business sectors, and is an author, frequent presenter and senior consultant. As Hartsook’s President and Co-Founder, she will continue to provide exceptional counsel to her clients, but also will lead Hartsook’s business development activities and growth as she simultaneously sustains the firm’s proven, reliable processes and introduces new, impactful strategies.