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News Briefing: Charities Rise, Costing U.S. Billions in Tax Breaks

By Kate Golden on December 7, 2009No Comment
  • The Internal Revenue Service approved 99 percent of the applications it received for public charity status last year, according to a new survey.  [New York Times]
  • Hedge fund managers dominate the boards of many of the city's charter schools and support organizations.  [New York Times]
  • Gates Foundation CEO Jeff Raikes pushes to make big bets on innovation and to focus on projects that get measurable results.  [BusinessWeek]
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