The Editorial Board writes: On Thanksgiving Day, it's worth remember that some worthy organizations are under stress.
People walk past a trio of ducks along the Lakefront Trail near Montrose Harbor, Nov. 12, 2022, in Chicago. Your best use of Black Friday could be a good, stiff walk in the Chicago cold with your loved ones.
In Chicago, some worthy social service organizations were expecting huge promised grants this fall from the foundation tied to Samuel Bankman-Fried’s FTX cryptocurrency exchange. The FTX Foundation has a slick website and lots of fancy language about “effective philanthropy.” But with a lot of FTX assets still missing, grantees now are wisely concluding they won’t ever see the hundreds of thousands of dollars they were promised.
We agree with that advice and suggest that your best use of Black Friday will be a good, stiff walk in the Chicago cold with your loved ones. But on this day, of all days, it’s worth remembering that many of the organizations that serve less-fortunate Chicagoans not only have more to do, but they are seeing some new financial stress. They will welcome your support all the more, as we all celebrate the things for which we feel blessed.
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