Results List
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Family Foundations Consider Issue of Perpetuity vs Limited Life
Most family foundations in the U.S. are set up to exist in perpetuity, but the number of limited-life foundations is increasing. The decision to continue for generations or spend down is an individual one, and there are valid reasons for each approach, according to Susan…
Author: Advisor One
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Giving While Living Teleconference Presented by National Center for Family Philanthropy & The Chronicle of Philanthropy
On 10 November 2010, The National Center for Family Philanthropy and The Chronicle of Philanthropy presented a teleconference on “Giving While Living” with Gara LaMarche, President and CEO of The Atlantic Philanthropies, and Lenore Hanisch, Co-Executive Director and board and family member of the Quixote Foundation. The number of limited-life foundations…
Author: The Atlantic Philanthropies
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A Foundation Confronts Its Final Priorities
In 2014, preparing for its final burst of expansive, long-vision grants, Atlantic drew its core programs to a close, downsized its staff, ramped up a final communications strategy, and became, in all respects, an institution in the final stages of work. The Atlantic Philanthropies, the largest…
Author: Tony Proscio, Duke University Center for Strategic Philanthropy & Civil Society
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New Book Explores "Giving While Living" Approach to Philanthropy
DOWNLOAD PDF The Atlantic Philanthropies today released Atlantic Insights: Giving While Living, a 56-page publication that explores Founder Charles “Chuck” Feeney’s long-standing belief in “Giving While Living,” the idea that people with wealth should use it during their lifetimes to help others. Written by journalist and philanthropy expert…
Author: The Atlantic Philanthropies
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Philanthropy Roundtable Pays Tribute to Charles (Chuck) Feeney
Joanne Florino The notion of spending much of one’s fortune while living is a concept briskly taking hold in philanthropic circles around the globe. Giving away money fast—to do good right now—is an idea championed by some of the most high-impact, high-net-worth donors of the…
Author: Philanthropy Roundtable
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Ethnic Seniors Avoid End-of-Life Talk, but Want More Options
New America Media/Northwest Vietnamese News, News Feature, Julie Pham,Part 2 of 2. Read part 1 here. At the Vietnamese Senior Association (VSA) in Seattle, Marie Thu Le, 75, confessed that “When my time comes, I don’t want to be dependent on machines. I don’t want to…
Author: The Immigrant Magazine
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Limited Life, Unlimited Impact
Atlantic Fellows at the Atlantic Institute. September 14, 2021 Dear Friends, One year ago today, Chuck Feeney signed the documents to dissolve the 38-year-old Atlantic Foundation that he founded to distribute his entire business fortune to improve the lives of others. In December 2020, the…
Author: Christopher G. Oechsli, President and CEO, The Atlantic Philanthropies
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Philanthropy Without End
Illustration: Flickr user Martin Feemster By Tony Proscio The idea of limiting the lifetime of a foundation has become so popular (at least in the financial media, and evidently among many newer philanthropists) that the foundation trade group Philanthropy New York recently felt it worthwhile to hold…
Author: The Intrepid Philanthropist
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Letters to the Editor: Philanthropy and Racism
Original Source To the Editor: Structural-racism training programs have helped hundreds of nonprofit organizations and community foundations, many of which are administered or operated by white people but primarily serve people of color, learn how to orient their theories of change from charity to empowerment…
Author: The Chronicle of Philanthropy
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Perpetuity or Spend-Down: Does the Notion of Lifespan Matter in Organized Philanthropy?
This article was originally published by NPQ online, on March 31, 2016 (https://nonprofitquarterly.org/2016/03/31/perpetuity-or-spend-down-does-the-notion-of-lifespan-matter-in-organized-philanthropy). Used with permission. Are foundations with set periods for spending down their assets more effective as grantmakers than their peers who are established to exist in perpetuity? This is a longstanding discussion among…
Author: Nonprofit Quarterly