Results List
-
Why Should Your Foundation Continue to Exist?
Source: Smart Assets
Bruce S. Trachtenberg, Advisor, Communications NetworkBy Bruce S. TrachtenbergThe idea of time-limiting foundations seems to be gaining more traction. As counterpoint, a recent Philanthropy New York program asked: “What Is the Case for Foundations Living in Perpetuity?”PNY gathered a group of three leaders of foundations…
Resource type: News
-
Pittsburgh Foundation's new plan embraces advocacy
Source: Pittsburgh Tribune Review
By Bill Zlatos The Pittsburgh Foundation is broadening its grantmaking — delving into the environment and advocacy — so it can become more of a community leader. "The public face of The Pittsburgh Foundation has been youthful, curious, positive, optimistic and exuberant — a kind…
Resource type: News
-
Why on Earth Would a Foundation Try to Get Rid of All of Its Money?
The reasons behind The Atlantic Philanthropies’ decision to spend all of its endowment are outlined in this 2009 speech by Gara LaMarche, Atlantic’s President and CEO, at the Annual Meeting of Delaware Valley Grantmakers in Philadelphia. My talk this afternoon poses the question, which I…
Resource type: Speech
-
Families Wrestle With Closing Foundations
Source: Wall Street Journal
By Sally Beatty Wealthy families are setting up new philanthropic foundations in increasing numbers, but they are also shutting them down at an accelerating pace. Some of the biggest names in philanthropy are backing the idea of setting a time limit on their giving: The…
Resource type: News
-
Gates Foundation intends to spend its $67 billion endowment ‘down to zero’ within 20 years of Bill and Melinda’s deaths
Source: Fortune
According to the Gates Foundation, billionaires need to start giving more of their money away—and not just to elite universities, but to high-impact causes that can change and save the most lives. The Gates Foundation, the world’s richest private foundation, is stepping up its own spending,…
Resource type: News
-
Ford Foundation to Close Offices in Russia, Vietnam
Source: Philanthropy News Digest
Original Source After seeing the value of its endowment fall by nearly a third in 2008, the Ford Foundation has announced that it will close its offices in Moscow and Hanoi in order to cut costs, the Wall Street Journal reports. The moves will result…
Resource type: News
-
The Foundation Center Elects Two New Board Members: Marcia Smith and Valdemar de Oliveira Neto
Source: The Foundation Center
NEW YORK, May 19 -- The Foundation Center, the nation's leading authority on organized philanthropy, has elected two new trustees to its board: Marcia A. Smith and Valdemar Neto (known as "Maneto"). Ms. Smith is senior vice president at The Atlantic Philanthropies, a global foundation…
Resource type: News
-
Communities In Schools Receives Major Grant From the Walmart Foundation to Expand Performance Learning Centers
Source: Walmart Foundation (Release)
Communities In Schools is an Atlantic grantee. ARLINGTON, Va., July 9 /PRNewswire-USNewswire/ -- Communities In Schools, the nation's largest dropout prevention organization, has received a major grant from the Walmart Foundation to improve educational opportunities for young people through its network of Performance Learning Centers…
Resource type: News
-
Foundation Rescinds Grant to Watchdog Group
Source: Chronicle of Philanthropy
Original Source By Ian Wilhelm Upset by a recent report by the National Committee for Responsive Philanthropy that urged grant makers to give at least 50 percent of their grant dollars to the poor and other disadvantaged people, the California Wellness Foundation has taken the unusual step of canceling…
Resource type: News
-
Large Foundations Fall Short in Supporting Vulnerable Groups
Source: National Committee for Responsive Philanthropy
Washington, D.C. - The nation's largest foundations only gave $1 out of $3 to benefit the economically and socially disadvantaged, according to the Criteria for Philanthropy at Its Best: Benchmarks to Assess and Enhance Grantmaker Impact, released yesterday by the National Committee for Responsive Philanthropy.…
Resource type: News