The federal government’s takeover of Fannie Mae and Freddie Mac is worrying nonprofit groups that have benefited from the mortgage companies’ philanthropy in the past, reports The Washington Post.

Freddie Mac and its foundation have donated more than $348-million to groups in the District of Columbia, and Fannie Mae and its foundation have given more than $1-billion to education, low-cost housing, education, and economic-development programs. But Fannie Mae dissolved its foundation last year, and leaders at Washington nonprofit groups are concerned that under the takeover, government officials will cut the mortgage companies’ giving in an effort to cut costs.

“I don’t suspect the government will take up their slack,” says Bo Sims, a staff member at D.C. Central Kitchen.

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