We often refer to the debt we owe to Andrew Carnegie and John D. Rockefeller for translating their charitable impulse into organized philanthropy, providing the model for the many foundations that have since emerged. But perhaps more important than the institutions they built was the questioning ethos they instilled. Both men insisted on maximum flexibility for future leaders of their philanthropies. They wanted lasting institutions that could learn and adapt.
Read Jane’s complete blog post on Huffington Post: