Winding Down the Atlantic Philanthropies – 2001-2009: The First Eight Years

Resource type: Research Report

Duke University Center for Strategic Philanthropy & Civil Society |

This report is the first in a series to chronicle the concluding years of The Atlantic Philanthropies, the largest foundation ever to decide to commit its entire endowment in a limited timeframe and then close its doors. 

It addresses questions raised by the seminal decision made of Atlantic’s founder Charles F. Feeney to witness the social benefits of his donation during his lifetime, including how and where to invest and evaluate the progress of grants.These issues present new layers of complexity and an assortment of uncommon operational challenges, or at least take very different forms, than in foundations that operate in perpetuity.

How Atlantic confronts and resolves those questions is the subject of a series of reports that begins with this submission, prepared by Philanthropy Consultant Tony Proscio in conjunction with Duke University Center for Strategic Philanthropy & Civil Society.

Atlantic commissioned this report.

Related information:

Original Source 

Tony Proscios’s post on the Intrepid Philanthropist blog