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| Connecticut River, Middletown and Portland, CT © 1995 B. B. Greenbie, Courtesy of the Connecticut River Watershed Council
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Taking Action on ARRA: Transparency & Accountability"Although much attention has focused on the scope and content of the American Recovery and Reinvestment Act (ARRA), the ultimate success or failure of the package depends on achieving two key objectives.
- First, that the stimulus funds be spent effectively.
- Second, that these funds are spent as intended.
ARRA addresses these twin concerns through legislative provisions and federal funds it provides for this purpose. But these efforts will prove ineffective unless governments, the private sector, and the non-profit community do their part to make this new and unprecedented system work. Foundations can play a critical role in strengthening the non-profit community’s capacity to do just that."
To read the full paper by Stewart J. Hudson, President of the Emily Hall Tremaine Foundation, please click on the link below:
Supporting Accountability and the American Recovery and Reinvestment Act (ARRA): A Necessary Role for U.S. Foundations
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