Thursday, May 14, 2009

New York Times Company Foundation Suspends Gift Program

The New York Times Company Foundation announced that it was suspending grant-making and the company’s matching gift program.

"The economy and the secular changes in our industry are causing everyone to rigorously manage costs, and unfortunately, this is a difficult but necessary step," said Michael Golden, vice chairman of the company and a board member of the foundation.
Read the rest of the article here.

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