BOSTON FOUNDATION'S NEW STRATEGY
Submitted by Tommer on September 17, 2009
The biggest public charity in New England is changing the way it hands out millions of dollars to a wide range of community groups, giving more money to those it considers to be the most effective and cutting funding to others.
The shift in strategy at The Boston Foundation, which gave out $86 million in its most recent fiscal year, is raising concern among nonprofit organizations that some will be forced to scramble for other funding, or to cut programs.