3min chapter

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The New Gilded Age (2022)

Throughline

CHAPTER

The Ford Foundation's 3.2 Billion in Assets

McGeorge Bundy was a formidable, unapologetic witness. The 1969 hearings delivered the first real regulations for philanthropic foundations. A public foundation or public charity typically has many donors and more public involvement. A private philanthropic foundation, on the other hand, usually has just one or maybe a few donors.

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