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Case
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Reference no. 9-304-015
Published by: Harvard Business Publishing
Originally published in: 2003
Version: 6 December 2004

Abstract

After leading the Peninsula Community Foundation (PCF) through a period of tremendous growth, its President, Sterling Speirn, is facing the prospect of a decline in the foundation''s asset base for the first time in the foundation''s history. In addition, the fact that financial service companies had made recent inroads in the market for administering donor- advised funds in recent years, an area that had been a key source for growth for community foundations for the last few decades, compelled Speirn to evaluate PCF''s positioning in the market and to consider potential collaboration opportunities with these companies. The teaching purpose is to illustrate the role of foundations as philanthropic providers and to analyze the strategic implications of the blurring of boundaries between nonprofits and for-profits in the donor-advised funds field.

About

Abstract

After leading the Peninsula Community Foundation (PCF) through a period of tremendous growth, its President, Sterling Speirn, is facing the prospect of a decline in the foundation''s asset base for the first time in the foundation''s history. In addition, the fact that financial service companies had made recent inroads in the market for administering donor- advised funds in recent years, an area that had been a key source for growth for community foundations for the last few decades, compelled Speirn to evaluate PCF''s positioning in the market and to consider potential collaboration opportunities with these companies. The teaching purpose is to illustrate the role of foundations as philanthropic providers and to analyze the strategic implications of the blurring of boundaries between nonprofits and for-profits in the donor-advised funds field.

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