Houston Press"Say what now? The Houston Endowment is getting back in the journalism business?" writes
Richard Connelly. (It's
giving $500,000 to Texas Tribune.) "The last time they did that, they owned the Houston Chronicle, and the list of sacred cows that were protected and coddled by order of the Endowment was lengthy and inviolate." Texas Tribune editor-in-chief
Evan Smith isn't concerned. "When someone invests as a donor in a philanthropic sense, they don't entertain any idea that they control outcome of what they're investing in," he says.