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Ford Foundation to cut grants and staff in 1978 plan
New York based Ford Foundation announces cuts to grant making and program budgets by about 50 percent to about 100 million annually by 1978. President Bundy says layoffs have begun and considers renting space. assets declined from 3 billion in 1973 to 2.1 billion, with spending exceeding income.
MENTIONED IN THIS ARTICLE
New York
UPI
Tnerd Foundation
Foundation
New York Times
Bandy
the Times
East 43Rd Street
Bundy