June 18, 2009
Kellogg Fund Decides to Close 2 More Offices
Due to a sharp drop in assets, the W.K. Kellogg Foundation said this month it is closing two overseas offices, and has already shuttered a domestic one.
Kellogg, which has its headquarters in Battle Creek, Mich., said offices in Sao Paulo, Brazil, and Pretoria, South Africa, will shut down this summer. In February, the foundation closed its facility in Jackson, Miss.
"We are trimming budgets in all regions given the reduction in our overall asset base," Sterling K. Speirn,
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