Thursday, June 15, 2006

Marin Independent Journal - Marin nonprofits could lose millions in funding from Marin Community Foundation

Marin Independent Journal - Marin nonprofits could lose millions in funding from Marin Community Foundation: "Marin nonprofits could lose millions in funding from Marin Community Foundation
Richard Halstead


Nonprofit organizations that serve some of Marin's neediest residents stand to lose millions of dollars in funding due to a policy change by the Marin Community Foundation.

The foundation, which gave nearly $26 million to Marin organizations during the fiscal year ending June 30, has decided to begin balancing the amount of money it gives to underwrite existing programs with the grants it makes to new programs."

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