The Atlantic Philanthropies, founded by Chuck Feeney in 1982, made $8 billion in grants to advance opportunity and promote equity and dignity around the world. In keeping with our founder’s belief in Giving While Living, we made our last grant commitments in 2016 and will close in 2020.*
We invested in promising programs, people and places where we saw the chance to dramatically improve lives. Atlantic’s endowment was funded from the sale of Duty Free Shoppers, and by investments made by General Atlantic Partners and our finance team.
Big Bets for a Better World
Many of our grants were big bets to address pressing problems and produce lasting results. Our final and largest series of grants went to establish the Atlantic Fellows program to advance fairer, healthier, more inclusive societies.
to strengthen health care, university research and innovation
* Atlantic earmarked all of its final grant commitments in 2016, primarily for the Atlantic Fellows programs. Some of these commitments were granted in subsequent years leading up to Atlantic's closure in 2020.