May 1, 2003

Legal and Financial Advice for Foundations Operating in the United States and Abroad

By Jessica Kronstadt

Foundation Management: Innovation and Responsibility at Home and Abroad
edited by Frank L. Ellsworth and Joe Lumarda

Foundations today cannot continue to conduct "business as usual," write Frank L. Ellsworth, a vice president at Capital Research and Management, in Los Angeles, who coordinates services for endowments, and Joe Lumarda, executive vice president of external affairs at the California Community Foundation, in Los Angeles. They say

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