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A daily word, its definition, and an example of its usage.

The word dross has appeared in nine New York Times articles in the past year, including on March 30 in the op-ed article “Why Fund-Raising Is Fun” by Arthur C. Brooks:

To their disappointment, I told them that today, soliciting donations is often the single biggest part of a nonprofit leader's job. For example, I lead a research institution in Washington. Private philanthropy makes up our entire budget, so I travel every week, and the majority of my time is spent fund-raising.

...In this role, I have found that the real magic of fund-raising goes even deeper than temporary happiness or extra income. It creates meaning. Donors possess two disconnected commodities: material wealth and sincere convictions. Alone, these commodities are difficult to combine. But fund-raisers facilitate an alchemy of virtue: They empower those with financial resources to convert the dross of their money into the gold of a better society.

QUOTE OF THE WEEK

Financial Times February 28, 2014

"Politicians can improve the world but only bit by bit. Try something small, that's easily reversed. If it works, scale it up. If not, you drop it"
Simon Kuper


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