One man’s career turn-around in the face of economic decline shows us how finance and philanthropy intersect and how a trying situation might lead down a fulfilling path.
- After a successful career at Bear Stearns, Kip Schaefer left the private sector and now works for the National Philanthropic Trust.
- His masters degree from NYU’s fundraising program, combined with his finance background and outgoing personality, made him the top candidate for the National Philanthropic Trust’s opening for director of institutional business development.
- He relied on passion and gut feelings to guide his decision-making when he ended up with two promising job offers.
Facts & Figures
- In the last decade, the number of nonprofit groups has increased nearly 40%, to 1.4 million organizations.
- $306 billion was raised in 2007 by nonprofit organizations.
- Thirty programs around the country offer master’s degrees in nonprofit study.
Best Quote
“Align your intuitive spirit with your career goals.” – Kip Schaefer