Nonprofits Fear Fallout From Sale (washingtonpost.com)It sounds like great news -- Columbia's Rouse Co. Foundation will grow to nearly four times its size with a $20 million gift that's part of the company's $7.2 billion sale to a Chicago real estate investment trust.
But Howard County community leaders still worry that the sale to General Growth Properties Inc. means that Rouse's longstanding role as the community's largest corporate benefactor will wane in ways that such a big donation can't offset.
No comments:
Post a Comment