Before the Lucille P. Markey Charitable Trust closed its doors for good in 1997, the trustees decided to produce a spend-down handbook for others to benefit from their experience.
Sidebars describe how other foundations chose to spend out.
The press showered attention mostly on one celebrity. What s been obscured are questions about the role of private money in determining the fate of public land use. Here are the results 15 months into the process. But all too often, local union representatives are neglected, and foundations miss out on their strengths and support. No Operating Support might as well be engraved over the entrance to most foundations.