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Philanthropy Social Bonds
FILE - Police and National Guard block Los Angeles City Hall as protesters hold a signs and chant during a Black Lives Matter protest in Los Angeles, on June 2, 2020, over the death of George Floyd. Responding to what the MacArthur Foundation called the “twin pandemics†of COVID-19 and systemic racism, the foundations mostly issued social bonds ranging from $100 million to Ford Foundation's $1 billion. The move allowed them to increase their donations and take advantage of favorable market conditions, instead of dipping into their endowments. (AP Photo/Richard Vogel, File)
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Source name:
The Associated Press
Unique identifier:
CP162463273
Legacy Identifier:
4fa5686b7d6d4f139cb67640ee73a3e6-4fa5686b7d6d4f139cb67640ee73a3e6-0
Type:
Image
Dimensions:
6087px × 4058px 8.35 MB
Usage rights:
FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE.
Special Instructions:
FILE PHOTO
Create Date:
6/2/2020 11:49:05 PM
Display aspect ratio:
3:2
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