September 4, 2008
Foundations' Longevity Should Be Valued
Too many Americans are losing their homes and jobs, and the already high number of people without health insurance is growing.Shouldn't America's endowed foundations, which hold more than $600-billion in assets, be required to give away more than they now do to solve those and other problems facing the nation?
That is the view of some government officials and nonprofit advocates who would like to require foundations to distribute a greater share of their assets each year, even if
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