It is kind of an open secret that New York City Mayor Michael Bloomberg is one of the non-profit sector's most reliable anonymous donors. Through an arrangement with the Carnegie Corporation, the richest man in town annually gives millions of dollars away to arts and cultural organizations across the city--usually without requiring groups to submit huge amounts of onerous paperwork.
A recent New York Times article reveals that some questioned the mayor's altruism all along, and confirms that nothing lasts forever:
"Mayor Michael R. Bloomberg, New York City’s richest man and biggest philanthropist, is quietly pulling the plug on an unusual program that has poured nearly $200 million of his fortune into nonprofit groups across the five boroughs."In Politics: President Barack Obama postpones a Pacific trip, because a Sunday vote on the "health care" legislation is likely, and he wants to be here to take the blame or credit.
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Also: Jill Scott - Hate On Me