May 29, 2003

Don't Cry for Thee, Foundations

By Pablo Eisenberg

From the anguished cries, wringing hands, and self-pity generated by foundation officials during the past few weeks, it sounded like the end of the philanthropic world is at hand. At least one journalist for a prominent daily newspaper says grant makers are so terrified that she has received frantic calls from foundation officials who say they need help in exposing what they call sinister threats to philanthropy.

But nobody has suggested that foundations be put out of business. All

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