Tag: Philanthropy

Due Diligence in the Art World

How many philanthropic dollars are spent by art museums on fake art? The quality of these paintings – their faithful duplicity – jolted the market. The sums of money at stake in art, never paltry to begin with, have grown monstrous. Thirty years...

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Board Members in the Art World

Buying art has been around for a while, whether for status or taste. Among the biggest losers in the current system are artists themselves. With art now considered an asset class similar to equities and commodities, collectors are forever on the...

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Gift Policy at Harvard

Should a school return a gift years after accepting it? When asked for the gift policy, [University spokesperson Jonathan L.] Swain offered a statement instead. “The gift policy is designed to ensure that no gift to Harvard will provide a donor...

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Buying Your Way into College

Warren Buffett once said that it takes 20 years to build a reputation and only 5 minutes to ruin it. But what most people don’t realize is that you can spend a lot of time and effort to enhance your brand and still have it tarnished by...

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College Giving in 2018 Up 7.2%

“The S&P 500 Index’s 14 percent return in the period may have helped encourage giving from a variety of donors. Three colleges brought in more than $1 billion each. Seven got single gifts of $100 million or more, the highest number of...

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