" “Bracing for Lean Times Ahead” (Giving section, Nov. 11) highlights the critical role philanthropy plays in times of economic crisis.
I agree, and believe that foundations should maintain, even increase, their giving in difficult economic times. The issues the MacArthur Foundation confronts at home and abroad — human rights, conservation and affordable housing preservation, among others — grow more, not less, urgent when the global economy is in recession."
Full-text of letter is available via the New York Times, 11.18.08.