Foundations' Failure to Give More Is Inexcusable

While taxpayers, investors, homeowners, consumers, and working people are suffering from the near collapse of the financial system, foundations seem unwilling to play their part in maintaining America's social fabric and mitigating the impact of the global economic downturn.

Only a handful of foundations, mostly community funds and the rare private grant maker, have made emergency grants to charities or shown any indication that they plan to step up their grant making to charities

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