Letters

Payout again: Mark Kramer and Tim Ogden respond to Barry Gaberman

Mark Kramer & Tim Ogden
1 September 2009
Alliance magazine

I want to respond briefly to Barry Gaberman’s thoughtful analysis of the challenge of setting appropriate payout levels (Alliance, March and June 2009). Barry is right, of course, that payout requirements are only an issue if you believe that foundations should have the option of perpetual existence, but I believe the issues are more complicated than he suggests.

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