REUTERS/Mike Segar |
“It is a problem because it means that — in the arts — philanthropy is using its tax-exempt status primarily to benefit wealthier, more privileged institutions and populations,” wrote the report’s author, Holly Sidford.
Talk about keeping it in the family.
Of course it's not telling me anything that I don't know. The money just circles around and 'philanthropy' is just a guise that rich people use to keep the things that entertain them alive.
Even though seemed like an ad for the Ford Foundation (which hopefully may encourage them and others to continue diverse funding) at the end, the point of the article is still something to that can be paid attention.
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