The Chronicle of Philanthropy

NEW BOOKS

Grant Maker Urges Foundations to Take More Calculated Risks

By Anne W. Howard

Grassroots Philanthropy: Field Notes of a Maverick Grantmaker
by Bill Somerville with Fred Setterberg

Foundations in the United States collectively control billions of dollars and have almost unfettered freedom in how they spend their money, yet much grant making is timid, slow, and overly bureaucratized, argues Bill Somerville,...

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