The Turner Foundation is scaling back its charitable giving because it is in a bit of economic trouble, according to this report. The Foundation will accept no new funding proposals in 2003. Launched by Ted Turner to fund environmental and related causes, the Foundation is arguably the most left-wing major foundation around. Given they fund so many outfits that oppose economic growth and technological development, I would hope they’re taking their hard economic times with good cheer.
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About the Author
Jonathan H. Adler is a professor at William & Mary Law School.
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