October 16, 2011
Low-Interest Loans Make Up for Grant Cuts
Coping in the Downturn
Maurepas Swamp Wildlife Management Area
The Conservation Fund is using a loan from the McKnight Foundation to buy this land.
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Maurepas Swamp Wildlife Management Area
The Conservation Fund is using a loan from the McKnight Foundation to buy this land.
Behind the approach: Many foundations reduced their giving as the stock market’s decline sliced the size of their endowments. Now charities are seeking other types of financial help.
What’s working: The Conservation Fund (No. 310) approached some of its longtime grant makers and asked them for low-interest loans so it could purchase land that it wants to protect from development.
Results: The Conservation Fund has
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