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October 02, 2006

Orals for a Gift Horse

The Nonprofiteer: You get a call from someone who's never donated to your agency before. S/he wants to join your Board and make a very generous gift, one that will dwarf any previous donation you've received, on two conditions: first, that you let her add other, equally generous, people to your Board; second, that you set up for-profit subsidiaries.  What questions do you ask?

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