Focused and persuasive, this essay deserves a much wider audience. What are foundations for? Why have so many adopted corporate practices like hoarding cash and resources when their core mission is to give and help? Finally, as the Kelly Kleiman so poignantly argues, this huge financial crisis - and escalating budget deficit - naturally lead to discussions about tax policy. It behooves foundations and non-profits to act in their own enlightened self-interest and spend more, not less, to avoid calls for taxation.
COMMENTS
BY Eric Roth
ON December 11, 2008 06:53 PM
Focused and persuasive, this essay deserves a much wider audience. What are foundations for? Why have so many adopted corporate practices like hoarding cash and resources when their core mission is to give and help? Finally, as the Kelly Kleiman so poignantly argues, this huge financial crisis - and escalating budget deficit - naturally lead to discussions about tax policy. It behooves foundations and non-profits to act in their own enlightened self-interest and spend more, not less, to avoid calls for taxation.
Thank you for focusing on this critical issue!