01/A. Private Foundations
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Overview The DJB Foundation, a progressive social change philanthropy, was founded in 1948 by Daniel J. Bernstein to hold the portion of his inheritance intended for donation to charities. With his death in 1970 almost five-million dollars came to the foundation. Its most active period began in 1971 when the Board of Directors decided that all assets would be given away within ten years. The grants concentrated on groups and programs generally ignored by conventional foundations because they were...