February 7, 2008
How Grant Makers Can Curb Global Warming
Foundations operate with one large arm tied behind their backs. Acting like investment bankers rather than philanthropists, every day they direct most of their resources away from their philanthropic missions.
Foundations own at least $600-billion of the global economy — it is those investable assets that earn the money most foundations give away each year. Using these assets more actively will add value to the grants that foundations award and is a key component of a grant
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