Opinion
April 11, 2016
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Philanthropy Can Fend Off Attacks on Endowments by Giving at the Grass-Roots

Paul Morigi, Getty Images

If foundations hope to persuade Congress not to pass new restrictions on their endowments, they should live up to the advocacy lines they use when they go to Capitol Hill, promoting work like these Girl Scouts (shown at the Cannon House Office Building with Sen. Barbara Mikulski seated to the left of the podium.)

The fact that modern American democracy tolerates foundation endowments is simply amazing.

For much of our national life, endowments generated considerable suspicion as we sought to throw off the vestiges of pre-democratic political orders, foremost...

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