Riskier days ahead for stodgy foundations

Riskier days ahead for stodgy foundations: "Riskier days ahead for stodgy foundations

Sunday, May 07, 2006
By Dan Fitzpatrick, Pittsburgh Post-Gazette

Heinz Endowments President Max King is not shy about pushing the secretive, old-money world of Pittsburgh philanthropy to embrace greater risk, first doing so in 2002, when he led a highly public effort to pull local foundation money from the city's embattled school district.

Starting today and continuing tomorrow and Tuesday, the former Philadelphia newspaper editor has a chance to push the same message to the rest of the country as newly named chairman of the Council of Foundations, a Washington, D.C.-based trade group hosting its annual conference at the David L. Lawrence Convention Center."