For a firm begun in 1926, the undertaking of an “oral history” would seem a difficult task. Yet the ideals of Arnaud Marts, George Lundy and the firm of Marts and Lundy as a whole seem to lend themselves not only to the long tenure of employees who remember the founders and their values, but also to the passing down of these ideals. Dr. Marts had much to say on the subject of philanthropy, and through several of his speeches and writings, we can glean a greater understanding of the firm’s beginnings.
Though not mentioned in the firm’s Code of Ethics, humility is a common thread throughout the commentary of Dr. Marts and his successors.
Of particular interest is Dr. Marts’ discussion of George Lundy, about whom he actually wrote a book, entitled “George Lundy of Iowa: One of the Pioneers of the New 20th Century Careers of Fundraising [Counselors] to Private Institutions Which Serve the Public Good.” The subtitle alone explains how Dr. Marts felt about both his friend and his industry. These two men, who built not only a firm, but also influenced an entire field, were partners in the truest sense. They shared sincere admiration for each other, as well as belief in the integrity and importance of their work. Read More
The Beginnings
