ACORN Loses Its Funding From Big Foundations - washingtonpost.com: "The liberal political organizing group ACORN, battered by the release of embarrassing videos and allegations of financial mismanagement and fraud, has also been losing support from several major foundations.
The Ford Foundation, the Annie E. Casey Foundation, the Charles Stewart Mott Foundation, the Marguerite Casey Foundation and Bank of America have stopped funding the group and its affiliates over the past year and a half.
The Association of Community Organizations for Reform Now, a network that helps low-income families with housing, voter registration and other issues, receives about 10 percent of its $25 million annual budget from federal grants, according to Brian Kettenring, deputy director of national operations. The rest comes from foundations, membership dues and private donations.
The Annie E. Casey Foundation stopped making grants to ACORN in early 2009, according to spokeswoman Sue Lin Chong. The Casey foundation gave an average of $270,000 a year to ACORN. The foundation saw good results from the grants and believes the funding was used appropriately, according to Cho."
No comments:
Post a Comment
Spamming will be removed.
Due to spamming. Comments need to be moderated. Your post will appear after moderated regardless of your views as long as they are not abusive in nature. Consistent abusive posters will not be viewed but deleted.
Note: Only a member of this blog may post a comment.