Nonprofit Sector

Private Equity and Nonprofit Hospitals

March 29, 2010

You knew it wouldn’t take long for the Gordon Gekkos of the world to figure out how to make some new big money out of healthcare reform. The Wall Street Journal’s “Deal Journal” (on deals and deal-makers) may have spotted one new avenue: the purchase of nonprofit hospitals by for-profit private equity investment firms. And that may spell a radical change for the concept of nonprofit hospitals.

The Widow Mary Gargar Meets the Global Positioning System

March 4, 2010

Sitting on a ramshackle assortment of wooden benches under the shade of a mango tree, we listen to the story of the widow Mary Gargar. An elderly and weathered Liberian woman with a look of determination just short of defiance, Mrs. Gargar tells us of how she purchased land from a man falsely representing himself as its rightful owner. Now that the war is over, a reverend who the government confirms is the rightful owner has returned and wants to build. While she holds a deed for the land in her name, and depends on its crops for survival, he too needs the land for his livelihood.

Advancing Women and Girls in Liberia

March 2, 2010

“Women are part of the development agenda for the first time—and we are making use of our time. Traditional culture has made us reticent. But no more. Our eyes are now open and there is no way they will close again.” These are the words of Liberia’s Vabah Gayflor, Minister of Gender and Development. Soft-spoken and patient, when her moment comes to speak, her voice drops to a whisper that commands the attention of all in the room. The 19 philanthropists with whom I am traveling in Liberia are focused; we have met a truly powerful person.

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