Friday, September 1, 2006
Without private philanthropic foundations, many good works that keep communities whole would not be done.
In Michigan, where the state government's budget has been shrinking at the same time Michigan residents are getting gradually poorer, the role of private foundations has become more important than ever.
At first glance, proposed state legislation to force foundations in the state to direct at least half their philanthropic giving to Michigan causes may seem like a good idea."
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