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	<title>Comments on: Foundation Friday: The public interest in private foundations</title>
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	<link>http://nonprofiteer.net/2008/07/11/foundation-friday-the-public-interest-in-private-foundations/</link>
	<description>Nonprofits Without The Nonsense--and that&#039;s just the tip of the iceberg!</description>
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		<title>By: Anita Bernstein</title>
		<link>http://nonprofiteer.net/2008/07/11/foundation-friday-the-public-interest-in-private-foundations/#comment-830</link>
		<dc:creator><![CDATA[Anita Bernstein]]></dc:creator>
		<pubDate>Fri, 11 Jul 2008 21:29:10 +0000</pubDate>
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		<description><![CDATA[Quibble: In her Times op-ed Ray Madoff didn&#039;t have much of a problem with the dogs, or the &lt;i&gt;Chacun a son gout&lt;/i&gt; concept.  Instead she advocated spending-down rules for charitable institutions (even if they threaten perpetual existence) and limits on the prerogative of rich people to exclude their income from tax by sticking it in their foundations.  But your last sentence covers Madoff&#039;s point perfectly.

(Hope my HTML italics tags worked--no preview here on Wordpress!)]]></description>
		<content:encoded><![CDATA[<p>Quibble: In her Times op-ed Ray Madoff didn&#8217;t have much of a problem with the dogs, or the <i>Chacun a son gout</i> concept.  Instead she advocated spending-down rules for charitable institutions (even if they threaten perpetual existence) and limits on the prerogative of rich people to exclude their income from tax by sticking it in their foundations.  But your last sentence covers Madoff&#8217;s point perfectly.</p>
<p>(Hope my HTML italics tags worked&#8211;no preview here on WordPress!)</p>
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