October 21, 1999
Playing the Percentages
New study heats up the debate over how much of their assets foundations can--or should--give away each year
A new report by a Barnard College economist contends that foundations have not been giving enough away over the past two decades to merit the tax benefits they and their donors receive.
Perry Mehrling, chairman of Barnard College's economics department at Columbia University, says his analysis of giving patterns found that foundation grants
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