Search results for: endowment

For further information please contact:Kate Bullinger in New York at +212 916 7302Colin McCrea in Dublin at +353 1 799 5912THE ATLANTIC PHILANTHROPIES APPOINTS GARA LAMARCHENEW CHIEF EXECUTIVE OFFICERPhilanthropy Executive Brings Record of Innovative Leadership to an Organisation Committed to Social Change and to Disbursing…

The decision by The Atlantic Philanthropies to spend down its endowment offers strategic, operational and organisational lessons for any foundation or comparable institution that is considering transformative change, according to this case study by McKinsey & Company. The organisational challenges stemming from the decision by…

Interview with John R Healy, former CEO of The Atlantic Philanthropies Three years ago, in early 2002, a decision was made that The Atlantic Philanthropies would spend down their then almost $4 billion endowment over a period of 12-15 years. If a foundation is going…

When Atlantic commissioned philanthropy consultant Tony Proscio in 2010, in conjunction with Duke University Center for Strategic Philanthropy & Civil Society, to write a series of reports charting the foundation’s final years, it was the largest foundation planning to put all its charitable assets to…

October 9, 2023 – San Francisco, CA – Charles Francis “Chuck” Feeney, an Irish American businessman and philanthropist who devoted his entire personal fortune to global philanthropy in his lifetime, died peacefully on October 9 in San Francisco.  He was 92. Chuck Feeney’s philanthropic organizations,…

[caption id="attachment_83351" align="aligncenter" width="361"] Atlantic Fellows at the Atlantic Institute.[/caption] September 14, 2021 Dear Friends, One year ago today, Chuck Feeney signed the documents to dissolve the 38-year-old Atlantic Foundation that he founded to distribute his entire business fortune to improve the lives of others. …

By Joe Wilensky Today, April 23, 2021, marks both the 90th birthday of Charles F. “Chuck” Feeney ’56 and the official unveiling of Feeney Way on Cornell’s Ithaca campus, honoring the man who has been called the university’s “third founder.” Feeney, the founding chairman of…

Make no little plans; they have no magic to stir men’s blood and probably themselves will not be realized. Make big plans; aim high in hope and work, remembering that a noble, logical diagram once recorded will never die, but long after we are gone…

[caption id="attachment_83034" align="alignright" width="250"] Photo: Columbia University[/caption] Atlantic mourns the loss of Michael I. Sovern, who passed away on Monday, January 20, 2020. Sovern served as a Director from 1995 until 2012, and was a long-term Chairman of the Audit and Budget Committee. Sovern was…

“We mourn the loss of Fitzhugh Mullan. He was a force for social justice and health equity who touched the lives of countless people. Fitz’s inspiring legacy lives on in the people, programs and policies he nurtured to help bring about fairer, healthier societies.”  -…