Ford Foundation to Close Offices In Hanoi and Moscow - Philanthropy.com: "After losing almost one-third of its assets during the last year, the Ford Foundation has announced it will close its offices in Russia and Vietnam.
“Given our obligation to our grantees worldwide, and the people they serve, we have been forced to make some very hard choices to bring about further savings,” Luis A. Ubiñas, the foundation’s president, wrote in an e-mail message he sent to Ford employees on Tuesday. “It is with great regret that I share the news that the foundation will be winding down its operations in Vietnam and Russia by the end of September"
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment