February 12, 2009
Foundations Make Changes in Investments in the Wake of the Global Financial Crisis
American foundations are making changes in their investment policies after their assets dropped by nearly 28 percent last year, according to a new report from the Council on Foundations, an organization that represents grant makers.
A survey of 127 council members, conducted in January, found that "a substantial proportion are making changes in their investment managers, their diversification, and aggressiveness of their investment strategies," the report says.
The council
This is an article for subscribers only. You can gain access by purchasing a:
Print Subscription
Digital Subscription
Already have an account? Log In Now.
