Pay Day

February 19, 2014;Washington Post

While the Chicago-based John D. and Catherine T. MacArthur Foundation may be best known for its annual MacArthur Fellows awards, a.k.a. “genius grants,” such grants are just a small portion of its estimated $230 million in annual grantmaking. Among its grant programs is the “MacArthur Award for Creative and Effective Institutions” for nonprofits. It’s similar to the Fellows program in that there’s no application process, the money has no strings at