What You Can Learn From President John Adams' and Georgia O'Keefe's Mismanaged Charities

In this month’s article about charitable giving, Patricia cites recent examples of how organizations have mismanaged valuable charitable gifts. She discusses the need for trustees of a charitable trust to “develop checks, balances and strategies” that allow them to honor the donor’s intent. Further, as stewards of the gift to the people, “charitable organizations cannot abdicate their responsibility to the common good by cashing out the gift to a private donor and turning the money over to a failing university.”

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