Posted on 03/03/2009 1:30:55 PM PST by mojito
Nonprofit leaders are reeling from the recent news that President Barack Obama's proposed budget would limit tax deductions on charitable contributions from wealthy Americans. But now the philanthropic world has something else to worry about. Today the National Committee for Responsive Philanthropy (NCRP), a research and advocacy group, will release a report offering "benchmarks to assess foundation performance." Its real aim is to push philanthropic organizations into ignoring donor intent and instead giving grants based on political considerations.
The committee is part of a rising tide of politicians and activists who are working to change the face of American philanthropy -- and not for the better.
The report, titled "Criteria for Philanthropy at its Best," advises foundations to "provide at least 50 percent of grant dollars to benefit lower-income communities, communities of color, and other marginalized groups, broadly defined." The committee looked at 809 of the largest foundations in the country, whose combined three-year grants totaled almost $15 billion, and concluded that the majority of foundations are "eschewing the needs of the most vulnerable in our society" by neglecting "marginalized groups."
Two years ago, an advocacy group in San Francisco called Greenlining began releasing similar reports. Greenlining's aim then was to pass legislation in California mandating that foundations report to the public the percentage of their dollars given to "minority-led" organizations....
(Excerpt) Read more at online.wsj.com ...
Reporting in your suggested scenario would likly track along the lines of the Annenberg Chicago Challenge. Abject failure.
It’s amazing .. successful white guy builds up a business, makes a fortune, donates much of that fortune to a foundation with his philanthropic goals mind. Then, the foundation is taken over by bleeding heart liberals who put the aforementioned dead white guy’s money to uses he most likely abhored. Think Annenberg, Carnegie, Ford, et al.
Would a Marriott Foundation be forced to have a board with secular non-Mormons who favor, say, Prop 8? Or would a Monohan Foundation have to donate to NARAL for the sake of ‘diversity?’
Alas, few come by sizeable fortunes by sure luck and happenstance. Those still living are too smart to get tied up in this type of thuggery. They will figure out how to invest their philanthropic dollars in ways to advance their own interests, and not those of some ‘committee’ or ‘council’ whose bureaucrats think they know more than they do about how to spend their own money.
Only after he and his foaming-at-the-mouth hordes steal all their money.
The looters, roof perchers and race pimps will destroy anything Obama overlooks.
Between them they will suck the lifeblood from the nation within a year.
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