Jumo — a nonprofit portal built with grant funds from some of America's largest philanthropic foundations — is being acquired by GOOD, which despite its altruistic-sounding name and mission is a for-profit company. Is this what grants are for?
Brad goes on to pose some interesting questions about the relationship between non- and for-profits, and whether philanthropies — and their grant agreements in particular — are keeping up with the times.
Brad's article sparked a Twitter debate, summarized in another PhilanTopic post:
Finally, Antony Bugg-Levine, a managing director at the Rockefeller Foundation, approached the debate in a follow-up post: