Article Archives >> Ready Reference >> April 2002

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Conversion Foundations Face Key Issues Early

The process of thinking through the preliminary questions is critical for obtaining legal and public approval and benefiting the community after the sale of charitable assets.

As hundreds of community hospitals and other charitable nonprofits have sold out to for-profit service providers in recent years, a whole new group of "conversion foundations" has grown up to receive the proceeds of the sale and make grants in the community.

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Article Archives >> Ready Reference >> April 2002




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