August 10, 2000
Public Accountability at Conversion Foundations
By HARRY SNYDERA new type of foundation is transforming the face of American philanthropy -- and raising new questions about how best to ensure standards of community responsiveness and relevance for all grant makers.
Over $15-billion is now held by foundations that were endowed through the conversion of non-profit health-care institutions to for-profit status, and many more millions are expected to go to such organizations in the future. What's more,
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