1. L.A. SHANTI, R.I.P.
- Author
-
Mills, James F.
- Subjects
NONPROFIT organizations ,CHARITABLE uses, trusts, & foundations ,AIDS ,DEBT ,FINANCE - Abstract
The article focuses on the abrupt closure of the Los Angeles Shanti Foundation, an AIDS service nonprofit organization in Los Angeles, California on August 21, 2006. The foundation has a quarter-million dollars debt that increases by about $15,000 a month. The foundation almost closed at the end of 2004 but was saved by a quarter-million dollar donation. The members of Shanti's board admitted that they were not always effective in raising the money needed by the foundation.
- Published
- 2006