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I hadn't read this before my recent posts on community foundations and commercial donor advised funds. Diana Sieger has a good historical perspective. I believe my points mirror hers (community foundations should not try to be like the commercial DAFs) but I would also guess that she and I would disagree on a number of issues.
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One Comment
Sean - I believe it is important for businesses and organizations to stay committed to their missions AND have a sustainable business model. Was pleased to see your post. Don’t assume I don’t agree with you on many points. I have been following your blog for some time! Thanks, Diana Sieger