< 1 min read
January 27, 2016
The Barr Foundation funds many projects in and around Boston, and with a few ingredients under its new president, the Boston foundation is likely to double within the decade.
"Do you ever wonder how major legacy foundations are born? Okay, probably not. But some of us find such things fascinating. How does a big pile of money made by a business leader get molded into a professional philanthropic institution designed to spew out grants until the end of time?
"Many foundations don’t do a very good job of recording their history, so decades later—when the original founders and even their kids are gone—it can be hard to know how a foundation emerged."--David Callahan, Inside Philanthropy