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The so-called new economy, driven by an explosion in technological innovation and new communication tools, has especially affected California's San Francisco Bay Area, where web-based start-ups are overabundant and everything seems to be preceded by an "e". Perhaps because of their innovative nature, technology firms often locate offices in marginalized neighborhoods or abandoned industrial zones. At first this trend seemed to revitalize former nadirs of economic activity with new neighborhood restaurants, cafés, and other service-oriented businesses.

National Arts Stabilization (NAS) offered the first course in its executive education program in 1997. Originally called Strategic Leadership in a Changing Environment, Strategy is a three-day seminar that, according to the NAS website, provides arts leaders with "a framework for understanding how to:

- analyze the competitive environment,
- identify alternative strategies, and
- integrate mission and strategy."

November 1999, 98 pages, developed in cooperation with the Arts Education Partnership and the President's Committee on the Arts and Humanities, funded by the G.E. Fund and the John D. and Catherine T. MacArthur Foundation.

A growing chorus of complaint has emerged about foundation giving in recent years. According to critics, foundations do not distribute enough in grant payments to justify their privileged position. On average, foundations pay out about 5.5 percent of their total assets each year and many critics believe that is just not enough.

1999, 36 pages. A report on meetings of The American Assembly on November 13, 1998 at The Getty Center, California and on April 8-9, 1999 at Arden House, New York.

Quarterly; nonprofit North American subscription rates vary according to budget size and the exchange rate ($104-$156); Henry Stewart Publications, Russell House, London, United Kingdom.

November 1999, 48 pages; John S. and James L. Knight Foundation, Miami, Florida.

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1999, 23 pages. Final report of collaborative research project, Millennium Communications Group, Inc., 58 Salem Street, Andover, Massachusetts 01810.

Although its main focus seems to be on exploring ways of expanding philanthropy among new donors, Philanthropy's Current and New Stakeholders: Building a Common Vision for an Expanded Future also offers some interesting — and disturbing — observations on how traditional philanthropy is viewed.

1998, 344 pages, $18; Critical Press, Gunk Foundation, New York.

It's January 26, 2000 and two sisters greeted each other happily at Elko, Nevada's small airport. Waiting at the baggage claim, they schemed about doing things they wanted to do together, and not giving in to their mother who had plans for a family snow outing. "I moved west to get away from all that snow," one said. "Well one thing for sure," her sister answered, "We'll want to get away. Those cowboy poets are in town and they're everywhere."