Just before heading to India, I stopped in New York to attend the inaugural celebration of something that may well become an important new institution for charitable giving: The Philanthropy Exchange.
The event was held, fittingly, in the magnificent Board Room of the New York Stock Exchange. The worlds largest marketplace was playing host to an exciting new concept in open market structures: nonprofit organizations seeking donor funding, whether in tiny individual contributions or large program-wide sponsorships, could become “listed” on an exchange.
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