A message from the editor
It was César
Ritz, founder of the hotels bearing his name, who first remarked that, “Le client n’a jamais tort” – the
customer is never wrong. Sticking to
this dictum has two consequences for Philanthropy
Management magazine: one good; one not so good. On an upbeat note, since we
began publication a year ago, we have been well-received by our target
readership – those involved in giving or distributing private money for public
good. While some positive comment may be an expression of politeness, the
response has been very pleasing. It seems that we have been filling a gap in the
market for information on making the intermediary roles in philanthropy as
efficient as possible.
pleasing consequence for us derives from a keyword in the last sentence. That
word is ‘market’. In the absence of a benefactor or some other form of
non-commercial sponsorship, a successful publishing venture must generally be
sustained from one of two sources: subscriptions and/or advertisers.
Unfortunately, we have not succeeded in attracting sufficient of either to
continue in our present form. It is with some regret, therefore, that Philanthropy
Management is suspending publication.
If the demand
really exists, we will perhaps find a way to revive PM at some point in the
future. In the meantime, I would like to thank all those who helped to make the
four editions we published a rewarding read.
Austrian-Swiss physicist Wolfgang Ernst Pauli, winner of the Nobel Prize for
Physics in 1945, is reported to have said to one unfortunate scientific
adversary, “I don't mind your thinking slowly; I mind your publishing faster
than you think.”
I’m off to
have a think…