January 15, 2009
California Funds Pledge Millions to Aid Minorities
Nine wealthy California foundations have promised to distribute at least $30-million during the next two to three years to aid needy members of minority groups.
The new grant-making effort was put together in response to pressure from state lawmakers, who drafted legislation last year that would have required foundations to disclose information about their giving to assist minorities.
The $30-million pledge, however, did not quell critics who argue that the grant makers fail to
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