May 3, 2001
Grant Makers: Choose Democracy Over Elitism
By MARK DOWIEPaul Ylvisaker, the legendary public-affairs director of the Ford Foundation, liked to describe philanthropic foundations as "America's passing gear." It's an appealing metaphor that fits comfortably into the self-generated mythology of organized philanthropy, a mythology that is nurtured today by philanthropists likening themselves to venture capitalists.
The turn of a century, which is coincidentally the end of the first hundred-year cycle of
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