We take a look at how the world of charitable giving is changing. Two heads of leading philanthropies, Jed Bernstein of Lincoln Center and Jack Lund of the YMCA of Greater New York discuss how organizations are adapting to new societal needs and donor demands.
Jack Lund, the CEO of the YMCA of Greater New York, the largest and oldest Y in the country has spent his 40 year career at various Ys around the country. He describes how he became a Y lifer. Watch the related WEALTHTRACK episode.
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Our New Year’s special is all about giving and how philanthropy in America is changing. Many fear that the new fiscal cliff deal that Congress just passed (in the nick of time) might hurt charitable contributions in the future. Our guests this week have a mixed reaction to that notion. Doug Bauer is the Executive Director of the Clark Foundation, a fifth generation family foundation and one of the largest foundations in the country in terms of assets and grants. Jack Lund is the President and CEO of the Y.M.C.A. of Greater New York, the largest Y.M.C.A. in the U.S. and the largest youth serving organization in New York area. These two Financial Thought Leaders in philanthropy explain how charitable giving has changed and share their advice about becoming more effective givers