Jack Siegel has advice for donors during the economic downturn: let some nonprofit groups fail.
Cash-strapped charities are asking foundations and wealthy philanthropists for “bailouts,” Mr. Siegel, a nonprofit lawyer in Chicago, writes on his Charity Governance blog.
“We suspect the Gates Foundation already needs a new door-knocker, but it is not alone. In every community, large foundations, and wealthy people will be hearing from theatre groups, museums, and food banks about vital needs and services that require funding,” he says.
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