June 15, 2000

William Simon's Legacy to Philanthropy

By LESLIE LENKOWSKY

With the death of former U.S. Treasury Secretary William E. Simon, philanthropy lost one of the most influential figures of the past 25 years. His contributions were rarely acknowledged in many corners of the non-profit world, even though his observations about the relationship between philanthropy and capitalism have set the agenda for a growing number of donors.

To be sure, especially in his later years, Mr. Simon's personal generosity

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