The MacArthur Foundation supports creative people and effective institutions committed to building a more just, verdant, and peaceful world. In addition to selecting the MacArthur Fellows, we work to defend human rights, advance global conservation and security, make cities better places, and understand how technology is affecting children and society.| www.macfound.org
There is no one right answer to the question whether to pay out more during a financial crisis, which depends on balancing the needs of present and future beneficiaries and so varies depending on a funders’ goals and objectives. This is the keystone article for the Up for Debate series on foundations' payouts during big crises. Visit the series page for responses to this essay.| ssir.org
Spending more today will mean having less for the future, but the current crisis is unprecedented and the financial trade-off is very modest.| ssir.org