May 1, 2011
Grant Makers Should Rethink Their Agenda to Meet Society’s Needs
When the Council on Foundations released its agenda this spring to outline its hopes for the 112th Congress, some parts were predictable. Most notably, the grant-makers group once again asserted its 11th commandment: “Thou shall not increase the payout rate.” That foundations continue to lobby tenaciously to give just 5 percent of their assets is shortsighted
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