John M. Olin Foundation shutting down, it was about time!

[Orrin_73]

Sometime this fall, the board of the John M. Olin Foundation will meet one last time and approve a final round of grants. By the end of the year, the foundation will release its staff and close its office. There will be a few checks to write in 2006, and perhaps several more as late as 2007 or even 2008. But for all practical purposes, the foundation will shut down.

One down more to go, thank god this foundation of hate is closing its doors.
National Review

[merbex]

1. Good news n/t

[leveymg]

2. Bought out by Texaco-Chevron?

Or did it quietly morph into something even more monstrous?

:bounce:

[Demit]

3. We have to keep an eye out for what/who happens next--

Also from the article:

"... Will a new philanthropist now rise to take the place of the John M. Olin Foundation? Piereson isn’t sure what the future holds. “The conservative foundation movement that took shape in the 1970s thus seems to have run its course,” he wrote in the Wall Street Journal last year. “The ground gained by conservative ideas in recent decades can be quickly lost if those ideas are not renewed and persistently articulated in public forums. This requires talent, energy — and money. ... principles must maintain a central place in the debates over our future — and a new generation of conservative philanthropists is needed to make sure that they do.” ..."


Conservative movement has run its course? I wish. But with all that increased wealth running around after *'s tax cuts, I think there will be no dearth of new conservative philanthropists...