Peter Buffett

Large Foundations: Rethink Your Priorities

The number of large foundations has been consistently increasing. Some of these foundations are bulging with billions of dollars in assets that could be contributed to nonprofit “good works.” It is potentially the golden age of philanthropy, but unfortunately many areas of recognized need are too often ignored by foundation boards and their executives. Organizations with track records of effective advocacy and accomplishment stand ready to take on neglected problems of our society. Unfortunately, these groups lack adequate foundation support.