For those of you tracking how philanthropy is dealing with the economic crisis, here is a link from the Foundation Center that gives detailed information on how our nation's largest foundations are addressing the issue. In some cases, you will see how foundations are "scaling-up" as opposed to reducing the size and scope of their portfolio to meet the needs of communities.
Take a look at how the Atlantic Philanthropies, Open Society Institute and MoveOn.org are mobilizing to assist nonprofits impacted by the Bernie Madoff ponzi scheme.
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