How to Give Away One Million Dollars and Seven Things to Know Before You Donate a Dime
Indianapolis Monthly Magazine
So, you have good intentions and a substantial bank account. Not a bad start, but it's a far cry from making you a philanthropic powerhouse. Just ask Marilyn Glick and her husband, Eugene. Supporting countless Indy nonprofits—and recently donating $20 million to the IU School of Medicine—the two know a few things about giving. "It's easy to give money away," Marilyn Glick says, "but it's difficult to give it away wisely." Some nonprofit groups go out of business. Some turn out to be a poor fit for your particular interests. And sometimes, often due to ineffective executive leadership, not enough of the money gets to the people who need it. Amassing a fortune may actually be easier than giving it away. Still, with careful research, planning, and connecting with the right nonprofits, you'll get real results.
Writing Topic: Business | Miscellaneous