May 28, 2004

Philanthropic Foundations Face Intense Pressures to Increase the Amount They Give to Charities

By Ben Gose

While universities and other nonprofit groups with endowments have started to come under increased public scrutiny, philanthropic foundations have long faced criticism over the size of their endowments. The most recent challenge came last year when some members of Congress proposed a change that would have effectively forced many foundations to increase their annual distributions to charity.

Many scholars and leaders of nonprofit groups believe that small payouts that allow an

Print Subscription

Digital Subscription

Already have an account? Log In Now.