The answer to the question, and the answer to most questions posed by Erin and David on the Talking Shop, is “It depends.”
On this episode of Talking Shop, Erin and David talk about how to spot a “gift that eats” – as in, a major gift that will cost you millions as you run around trying very hard execute what that gift is trying to achieve.
They discuss when, if, and how to say “no” to a gift that eats.
They talk about why funding a Museum of Wooden Shoes is likely not a great idea, and how to recognize the “Museum of Wooden Shoes” gifts that are currently on the table at your institution.
Also on this episode: David claims to be 28 years old. When it’s a good thing to big adieu to a donor. And how to gracefully guide deans, faculty members, and presidents away from dangerous donations.
Tune in on EverTrue Studios at www.evertrue.com/studios.