Friday, September 05, 2008

So, this shortened work week was marked by long hours of putting together three grants. Just a couple of hours ago, the news broke that the government is planning to take over Fannie Mae and Freddie Mac. The latter's foundation is one for whom several staff members have been working to complete a rather labor intensive grant application. I suspect, as of now, all that labor is now in vain. How can a company losing billions continue in philanthropic work? What takeover custodian would, in good conscience, fund philanthropic work when taxpayers are already paying a heavy price for the practices of the organization in question? Yes, it shall be something of a miracle should our labors prove fruitful.

SIGH

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