Times to Cut Grants, Employees to Lose Free Museum Passes
The Company Foundation will honor its present commitments, the email says, but staffers should prepare to lose the matching grants the Foundation had been making for their charitable contributions, which will cease next month, and also to lose some of the free passes they've been getting from museums. The New York Times Neediest Cases Campaign and The Globe Santa program are unaffected.
Publisher Arthur Sulzberger, Jr. appeared at a shareholders' meeting this morning and said the company was not planning to go private, but would look at pay models to shore up its declining revenues. Photo (cc) Joe Schlabotnik.