The first of a three part series:
*edited: There's a questionaire you have to answer before getting to the article. Quick and painless, and you can put in false answers.*
Nonprofit Land Bank Amasses Billions
Charity Builds Assets on Corporate Partnerships
By David B. Ottaway and Joe Stephens
Washington Post Staff Writers
Sunday, May 4, 2003; Page A01
"The nonprofit Conservancy has traveled far beyond its humble beginnings, when it relied on small donors and acquired a few small plots at a time. Its governing board and advisory council now include executives and directors from one or more oil companies, chemical producers, auto manufacturers, mining concerns, logging operations and coal-burning electric utilities.
"Some of those corporations have paid millions in environmental fines. Last year, they and other corporations donated $225 million to the Conservancy -- an amount approaching that given by individuals."
Full (long) Story Here
Oak
<FONT COLOR="#800080" SIZE="1">[ 05-04-2003 12:48: Message edited by: Colorado Oak ]</font>
*edited: There's a questionaire you have to answer before getting to the article. Quick and painless, and you can put in false answers.*
Nonprofit Land Bank Amasses Billions
Charity Builds Assets on Corporate Partnerships
By David B. Ottaway and Joe Stephens
Washington Post Staff Writers
Sunday, May 4, 2003; Page A01
"The nonprofit Conservancy has traveled far beyond its humble beginnings, when it relied on small donors and acquired a few small plots at a time. Its governing board and advisory council now include executives and directors from one or more oil companies, chemical producers, auto manufacturers, mining concerns, logging operations and coal-burning electric utilities.
"Some of those corporations have paid millions in environmental fines. Last year, they and other corporations donated $225 million to the Conservancy -- an amount approaching that given by individuals."
Full (long) Story Here
Oak
<FONT COLOR="#800080" SIZE="1">[ 05-04-2003 12:48: Message edited by: Colorado Oak ]</font>