The Greater New Orleans Foundation, the regional community foundation responsible for raising and awarding significant philanthropic dollars following the Gulf Coast Oil spill, released a report identifying gaps in community needs that will go unmet by the federal recovery plan for the BP oil spill catastrophe.
The RESTORE Act ensures that 80 percent of Deepwater Horizon civil and administrative penalties will go to Gulf Coast restoration, and sets up a framework to enable coordination between the Gulf States and the Federal government.
The report titled Where is the Role of Philanthropy in the RESTORE Act? acknowledges that the Act does provide support for environmental and economic recovery along the Gulf Coast, but does not provide for significant citizen participation in deciding how funds and projects are implemented in their communities. Nor does it provide for an endowment to address long-term and emerging issues resulting from the spill.
A copy of the report is available at www.gnof.org/about-us/publications/
About Greater New Orleans Foundation
The Greater New Orleans Foundation is the community foundation serving the 13-parish Greater New Orleans metropolitan area. We design and lead initiatives that improve the region, connect donors to community needs, identify and support great nonprofits, and strengthen civil society.