The Chronicle of Philanthropy

Katrina's Aftermath Requires Bold Action

By Rebecca Sive

When President Bush spoke to the nation from New Orleans to present his ideas for rebuilding the Gulf Coast after Hurricane Katrina, he said: "We have a duty to confront this poverty with bold action."

Here's a bold action for philanthropy: The nation's wealthiest foundations should pour all their resources into the recovery over the next few decades,...

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