Daily Digest
Give credit to the Abingdon, Virginia nonprofit, People Incorporated, for knowing what it’s doing. It just got a second stimulus grant of $1 million for weatherization, meaning that it must have done well enough on its first $1 million to warrant being refunded.
Connecticut foundations awarded 22 percent more in grants in 2008 than in 2006, despite a 1 percent drop in asset value due to the economic collapse that year. However, the head of the Connecticut Council on Philanthropy doesn't expect that this trend continued in 2009.
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