For those of you worrying about how you are going to get that check to the IRS today, consider this: on April 13, 2009, in an article in The New York Times, Luis A. Ubiñas, the new head of the Ford Foundation admitted that it lost one-third of its endowment in the last year.
Last year, Ford’s assets fell 30 percent to $9.5 billion, yet it remains the country’s second-largest foundation after the Gates Foundation.
Ford didn't do much better than I did with my retirement fund. Happy Tax Day.
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