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…

[caption id="attachment_83415" align="aligncenter" width="800"] Atlantic staff in 2016[/caption] In 2010, Atlantic commissioned philanthropy consultant Tony Proscio, in conjunction with Duke University Center for Strategic Philanthropy & Civil Society, to write a series of reports charting the final years of the foundation, the largest endowed institution…

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

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,…

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…