Private Foundation

A growing chorus of complaint has emerged about foundation giving in recent years. According to critics, foundations do not distribute enough in grant payments to justify their privileged position. On average, foundations pay out about 5.5 percent of their total assets each year and many critics believe that is just not enough.

1999, 36 pages. A report on meetings of The American Assembly on November 13, 1998 at The Getty Center, California and on April 8-9, 1999 at Arden House, New York.