Georgetown Dean to Lead Philanthropic MacArthur Foundation
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Neely Tucker
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But the agency is facing the same downturn as the global markets. Its investment assets totaled $6.9 billion at the end of 2007; that had shrunk to just more than $5 billion at the end of 2008. Still, the foundation's budget for grants increased last year to $260 million, up from $235 million the year prior.
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Neely Tucker
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