Creating a Private Foundation: The Essential Guide for Donors and Their Advisers (Bloomberg Financial) by Roger D. Silk & James W. Lintott

Author:Roger D. Silk & James W. Lintott
Language: eng
Format: mobi
ISBN: 9780470883600
Publisher: Wiley
Published: 2010-05-26T14:00:00+00:00

Even if a donor doesn’t have specialized business expertise, he or she can be actively engaged. Lois B. Pope is neither a doctor nor a business executive, but a former actress who inherited her money from Generoso Pope, Jr., the late publisher of the National Enquirer. She donated $10 million to help pay for the Lois Pope LIFE Center at the University of Miami School of Medicine, which will house the Miami Project to Cure Paralysis. Mrs. Pope will have office space in the new building and says she doesn’t hesitate to ask questions of university officials or other recipients of her grants. “Involvement by donors is always very important,” she says.

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