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No More Wiggle Room
Big U.S. foundations see drop in assets for third straight yearBy Brad Wolverton
The declining stock market continued to erode the assets of the nation's largest private foundations in 2002, causing more than 100 of them to reduce or freeze their grant making for this year, according to a new Chronicle survey.
Among 131 grant makers that reported data for fiscal 2001 and 2002, foundation...