Results List
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Foundation Chiefs Spar on Question of Giving in Perpetuity
Emmett Carson, CEO of Silicon Valley Community Foundation, says foundations that aim to operate indefinitely can peacefully coexist with those that decide to spend all their assets in set period of time. Photo: Edward Caldwell By Megan O’Neil PALO ALTO, CALIF.—Defenders of foundations created to…
Author: The Chronicle of Philanthropy
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Richard Boone and the Field Foundation: Beacons of Leadership for Social Justice Philanthropy
On a mellow California afternoon earlier this month, I drove a few hours up the coast from Los Angeles, where I’d been on a panel at the annual meeting of the Center for Effective Philanthropy, to spend some time with one of the most influential…
Author: Gara LaMarche
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"We're not telling people what to do. We just want to show what's possible."
President and CEO of The Atlantic Philanthropies, Christopher G. Oechsli, takes a deep dive into lessons learned while executing the $8 billion philanthropic vision of entrepreneur Chuck Feeney, aka the ‘James Bond of Philanthropy’. By Nicole Richards The Atlantic Philanthropies believes in making big bets…
Author: Philanthropy Australia
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Game Changer: The Atlantic Philanthropies
By Nicole Richards Christopher G. Oechsli, President and CEO of US billionaire Chuck Feeney’s The Atlantic Philanthropies on why philanthropy is a force multiplier, the difference between ‘venture’ and ‘adventure’ philanthropy, and lessons learned from a limited life foundation. “It’s a real honour to talk…
Author: Generosity
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Billionaire advocates giving while living to support Ireland through the recession
By Ben Eyre Publicity shy multi-billion-dollar philanthropist Chuck Feeney has featured in a documentary on Irish television to inspire ‘giving while living’. In ‘Secret Billionaire: The Chuck Feeney Story’, Feeney talked about how he made and then anonymously gave away a multi-billion-dollar fortune, including $1.2…
Author: Philanthropy UK
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Leaders of 2 Foundations Reflect on the Process of Giving It All Away
By Caroline Preston. Atlantic Philanthropies, a multibillion-dollar foundation that supports a variety of causes including progressive priorities such as changing the U.S. health-care system, and the Avi Chai Foundation, a $593-million fund dedicated to strengthening Judaism, might not seem to have all that much in…
Author: The Chronicle of Philanthropy
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Why More and More Philanthropies Are Choosing to Put Themselves Out of Business
The limited-life foundation–where big donors pledge to spend all their money in a certain short period of time–offers the potential for a bigger immediate impact at the expense of longevity. ILLUSTRATIONS: CIENPIES/ISTOCK By Ben Paynter The majority of America’s top foundation leaders recently admitted in…
Author: Fast Company
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Retaining an Engaged Staff to the End
This post by Maria Pignataro Nielsen, Atlantic’s Chief Human Resources Officer, is part of GrantCraft’s “Making Change by Spending Down” series. Although Atlantic is often referred to as a “spend down” foundation, we think of ourselves as a limited life foundation, with our final years…
Author: GrantCraft
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Increasing Number of Foundations Planning to Sunset
Original Source A growing number of philanthropists are adopting spending deadlines and sunset provisions for their foundations to ensure that global needs are addressed in a timely way, the Wall Street Journal reports. By giving away the bulk of their funds within a set period…
Author: Philanthropy News Digest
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More Than a Third of Family Foundations Uncertain About Lifespan or Expect to Spend Down, Report Finds
Original Source While existing in perpetuity continues to be the norm for the majority of family foundations, 25 percent say they are currently undecided about their lifespan options, while 12 percent plan to limit their lifespan, a new report released jointly by the Foundation Center…
Author: Philanthropy News Digest