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Wasted assets

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To the editor,

As a retired foundation president who has spent more than a decade trying to get foundations to appreciate what you have been reporting on wasted assets, congratulations [“Proxy power”, 12.02.04; “Wasted potential”, 12.05.05].

The time has come and I hope that your effort will be seen widely and wisely.

Stephen Viederman, board member, Needmor Fund, Toledo, Ohio, and retired president, Jessie Smith Noyes Foundation, New York City

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