Chicago's literary heritage and reputation for design meet in the new Poetry Foundation center (poetryfoundation.org).org
The family requests that any donations be made to the Hazelden Foundation, Center City, MN.
Foundation assets climbed above $500 billion for the first time last year, according to estimates issued yesterday by the Foundation Center.
"Typically, as foundation endowments grow, giving will increase, but at a slower pace," said Steven Lawrence, research director at the Foundation Center.
Despite Wall Street's troubles since 2000, Steven Lawrence, director of research at the Foundation Center, remains optimistic about foundation assets in the future.
It is the 53rd-largest U.S. foundation in terms of total giving, and number 68 in asset size, according to the Foundation Center.
The Foundation Center is predicting that giving by foundations will outpace inflation this year.
According to the Foundation Center, 81,777 foundations and charitable entities dot the US social landscape.
According to the Foundation Center in New York, private foundations have a total of roughly $550 billion in their vaults.
According to the Foundation Center, between 2002 and 2012, foundations made $30.5bn in grants toward achieving development goals.
