On April 29, each of us received word that Burr Gibson had passed away. The individual who, for me, personified the standards, the values, and the reputation of our firm was no longer with us. The man who had served as colleague, teacher, and friend to many of us, at age 83, passed on the baton—with the clear expectation that his colleagues would continue to uphold the values and the mission that are the legacy from those who have preceded us in this firm.
As educational costs continue to outstrip inflation, the day may come—it might already be here—when young couples are trying to save for their children's education while still paying off their own student loans. Under these circumstances, it is tempting to agitate for sweeping reforms or to look for scapegoats, neither of which offers realistic hope.
Marts & Lundy, Inc., the most experienced philanthropic consulting firm within the USA, and Global Philanthropic Group, a firm founded in Hong Kong that provides consulting services to nonprofit organizations in the United Kingdom, Europe, the Middle East, Asia, Australia and New Zealand, have entered into a strategic alliance.
Getting things right can take time, though the extra effort involved is almost always worth the wait. When Dowling Catholic High School in West Des Moines, Iowa, decided that a $28 million capital campaign was needed, its leaders spent a full two years on what Dr. Jerry Deegan, the school's president, calls a “visioning process.”
Marts & Lundy is pleased to announce that it has added three new members to its Of Counsel team. Of Counsel, a position created in 2007, is designed to augment Marts & Lundy's already impressive roster of full-time consultants with working professionals and industry experts. By tapping into the the knowledge of front-line advancement professionals, Marts & Lundy's Of Counsel team helps our consultants and clients stay in tune with the most current advances in philanthropy.
Marts & Lundy is pleased to welcome its newest member to the senior consulting team, Richard B. Eason. Already a familiar face around the organization, Eason brings a wealth of knowledge and philanthropic expertise across a wide range of industries to the consulting core at Marts & Lundy.
While the effects of the recent recession are still being felt, a look at the trends in historical giving, a close analysis of recession-era donations and well-founded projections for the future of education philanthropy all give reason to be optimistic for the future.
M&L Minute #7, based largely on examination of historical and current giving trends within a select group of 150 schools, colleges and universities, reveals both expected hardship in the present and indicators of future prosperity.
While data is important, superficial benchmarking and shallow metrics are problematic. In recent studies with liberal arts colleges and independent schools, Marts & Lundy's Analytical Solutions team has addressed three benchmarking dilemmas.