
By Richard Smith, President, The Pinkerton Foundation
How has the increasing influence of the tools and techniques of business affected the world of philanthropy? That was just one of the themes of a panel I had the privilege of moderating recently at Philanthropy New York. Entitled “Exit Interviews,” the panel included three genuine leaders in the field: Susan Berresford, the former head of the Ford Foundation, and two current CEOs, Lance Lindblom of the Nathan Cummings Foundation and Chris DeVita of The Wallace Foundation, both of whom have announced plans to step down later in the year. As a recent migrant from the land of commerce myself, I’ve been especially curious about the similarities—and differences—between business and philanthropy. The panel helped clarify the picture—although I hasten to add that the views expressed here are my own and do not necessarily reflect a consensus of all the panelists.
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