Mega Donor Values Warren Buffett (Part 8 of a series)

Mega Donor Values Warren Buffett (Part 8 of a series)

By Tom Wilson Major Gifts Guru

This article is part of an ongoing series of excerpts and insights from the recent biography The Snowball: Warren Buffett and the Business Life by Alice Schroeder. I encourage you to buy this book to get the full story.

“So I got very lucky, [in finding a partner with the Gates Foundation] because philanthropy is harder than business. You are tackling important problems that people with intellect and money have tackled in the past and had a tough time solving. So the search for talent in philanthropy should be even more important than the search for talent in investments, where the game is not as tough.”


This is a great quote for board members and nonprofit management to see. It’s a wonderful reason to invest in good organizational management and high-level fundraising talent for nonprofit organizations. Mr. Buffet’s comments also make it clear why it takes great people to be great major gift officers. Donor expectations are high. Donors are wealthy because they’re smart, tough minded, and dedicated to success.

Nonprofit organizations need to step up to the challenge of attracting and retaining excellent people. Major gift fundraising is a people-to-people, relationship business.

This article is part of series. To read the other articles in the series, please click the links below:

Permanent Link: Mega Donor Values Warren Buffett (Part 8 of a series)

http://majorgiftsguru.com/2009/08/mega-donor-values-warren-buffett-part-8.html

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