The pressure on non-profits to go through communications with a fine-tooth comb comes even as they face growing calls for help following swingeing cuts to the USAID budget. One person close to a major US philanthropic group said: “We can’t fill the gap even if we liquidated our endowments.”
Maybe they should go ahead and just liquidate then, before their tax-exempt status changes? (I’m offering this suggestion under a model where they actually care about the causes they say they care about, as opposed to caring about the prestige of leading a big foundation.)
Maybe they should go ahead and just liquidate then, before their tax-exempt status changes? (I’m offering this suggestion under a model where they actually care about the causes they say they care about, as opposed to caring about the prestige of leading a big foundation.)