Friday, September 07, 2007

Charity Inc: Ex-executive wants giving corporations | Business | Reuters

Charity Inc: Ex-executive wants giving corporations | Business | Reuters: "HONG KONG (Reuters Life!) - Charities need to be run more like corporations with ambitious growth and cost targets if they're to match the rising trend of billionaire philanthropy, says the founder of an innovative and fast-growing welfare group. John Wood, a former Microsoft executive, quit a senior job in Microsoft to start the charity 'Room to Read' in 2000 which has since won plaudits for its blend of compassion and corporate acumen that has seen the creation of some 5,000 children's libraries in countries like Nepal, Laos and India."

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