March 6, 2008

Is the Goal of Philanthropy Simply Redistributing Money to the Poor?

By Leslie Lenkowsky

Few recent pieces of legislation affecting philanthropy have attracted as much attention as a measure passed last month by the California State Assembly to force the state's wealthiest grant makers to disclose details about the diversity of their grant making and operations.

The legislation, which is now awaiting action in the State Senate, would require California foundations with assets of $250-million or more to provide the public with information about the racial, ethnic, and

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