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He then worked for the Ford Foundation for almost three years, evaluating requests for financing antipoverty projects and other programs.
Large donors review requests for financing and for capital grants, and their decisions help shape Charlotte's cultural life.
She and her staff of grant-makers field 45,000 requests for financing a year and, intent on not spreading the wealth too thinly, reward 2,000.
Supporters of an earmark ban point out that unlike earmarks written into a spending bill, requests for financing made through letters, phone calls or other methods are not legally binding on an agency.
Further, small banks are granting almost half of their requests for financing, and newer sources of funding, such as institutional investors, are increasingly becoming active in the small business lending marketplace.
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Speaking as a local MP and as somebody involved in my Chamber of Commerce over many years, I have seen banks often turn down requests for finance with no explanation, or no credible explanation and even when pressed by MPs don't give answers that stand up at all, or don't give any answers.
The London MP also said he had seen requests for finance turned down with no reason given to the applicants.
For Saturday's pink balloon event, the American Embassy turned down a request for financing.
Redirecting that money would not necessarily prompt a request for financing for road improvements on the New York side, they said.
Asked what his strategy was to improve the region's dismal economic performance, he pointed only to his most recent request for financing from Brussels: $2.2 billion.
But Drexel does not seem to have had any such ironclad agreement, for its banks turned down its 11th-hour request for financing.
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CEO of Professional Science Editing for Scientists @ prosciediting.com