Times are tough. Unemployment is at its highest rate in 25 years. Homelessness is on the rise. College and graduate school tuitions continue to rise at a pace that is two to three times the rate of inflation. With the resources of federal and state governments, along with most large public charities, stretched to the limit, where are needy individuals to turn?
How about their local private foundation?
Advisors to private foundations should be aware that although the l