The Chronicle of Philanthropy

Evaluations Can Be Dangerous

"Sweet are the uses of adversity," wrote Shakespeare, "which, like the toad, ugly and venomous, wears yet a precious jewel in its head."

Judging from the interest several foundation leaders have shown in discovering and publicizing their most troubled grants, plenty of bejeweled toads must be lurking in the stacks of evaluations that grant makers have long...

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