How Even Great Foundations Can Do More for the Common Good
December 14th, 2009 by admin
By Mark Rosenman
In the past few decades the growth of organized philanthropy has brought more grant making for all kinds of causes — including efforts to feed hungry people, prevent illness, protect human rights and the environment, and promote arts and culture. Some of those grant programs have made a big difference while others have not, prompting questions about foundations’ operations.
Some people say foundations support projects valuable only to a select, and often privileged, slice of the population or give money to causes with comparatively narrow appeal. Others contend that with the varied missions of endowed foundations, combined with living donors’ interests, just about all causes end up getting served in some way, even if the amount spent is not always appropriate to the need. MORE . . .
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