October 4, 2001
Family Foundations Look to Past, Future
Living the Legacy: The Values of a Family's Philanthropy Across Generations, edited by Charles H. Hamilton, discusses the question of whether foundations should alter their missions over time. In an opening essay, Mr. Hamilton, executive director and secretary of the Clark Foundation, in New York, writes that some people worry that the values and priorities of deceased donors and past generations (the "dead hand of the past") have too much influence
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