For Some, It’s About More Than Surviving Hard Times
Still, you didn’t have to look hard for signs of just how tough things are, beginning with the host, the Dyson Foundation, which donates to nonprofits in Poughkeepsie and the surrounding area. At the end of 2007, it had $353 million in its endowment. That’s down to about $235 million now. The foundation says it plans to offer about the same level of grants this year as last year — approximately $16.5 million — but will restrict most of it to supporting safety-net programs that provide food, housing, access to basic heath care and emergency assistance to low-income families.