Search results for: endowment

Atlantic founder Chuck Feeney’s belief in Giving While Living—that people of great wealth should put their money to the service of humanity now—inspired the board to limit the foundation’s life to a fixed number of years. The determination to complete all grantmaking at the end…

As of 31 December 2018, our net assets were approximately $172 million, which is net of approximately $396 million already committed to grantees. At year-end, Atlantic’s endowment consisted of cash, short-term investments and government securities.* Combined Financial Statements Files are in PDF format. 2018 and…

Our founder, Chuck Feeney, has close connections to the regions where Atlantic has made its major investments. In each, he and Atlantic saw opportunity to make a lasting difference within his lifetime.

Grants will support and expand pathways to healthcare careers in Oakland The Atlantic Philanthropies and The California Endowment today announced $12.2 million in grants to the Oakland Unified School District (OUSD) and Alameda Health Care Services Agency (HCSA) to support and expand health career pathways…

Five U.S. foundations that spent all of their assets offer lessons for modern donors who might also consider a limited lifespan for their foundations, according to this report by the Aspen Institute’s Program on Philanthropy and Social Innovation. Time is of the Essence: Foundations and…

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By David Labrador in Pristina Foundations that support important programmes in the Balkans are suffering from the financial crisis in a way that makes their continued giving much more difficult. Much of the money that helps to develop the Balkans comes from private foundations that…

Colin McCrea addresses the challenges and rewards of Atlantic’s approach to philanthropy at the Institute of Philanthropy’s recent conference in London.   All of us involved in philanthropy would like to see more people giving more money in a more thoughtful way.  There is no…

Cummings Zuill thought he was going to the headquarters of ACE Ltd. yesterday to attend a diversity workshop. Instead he arrived to find he was being honoured with the establishment in his name of a $2 million education endowment for people in the non-profit sector.…

The intensifying economic crisis slams the world of nonprofit organizations. Original Source By Eyal Press In the days between Christmas and New Year's Eve, Anthony Romero, executive director of the American Civil Liberties Union, sat at his desk in Lower Manhattan and reached out to people…