Search results for: limited life foundation

  [caption id="attachment_83029" align="alignleft" width="208"] Chuck Feeney in Cornell's 1956 yearbook.[/caption] The Atlantic Philanthropies Archives are housed at Cornell University, Atlantic founder Chuck Feeney’s alma mater, in the Library’s Division of Rare and Manuscript Collections (RMC). Comprised of the paper and digital records primarily from…

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…

Housed at the Division of Rare and Manuscript Collections (RMC) at Cornell University Library, our Archives are comprised of the paper and digital records kept at our offices in New York City, Ithaca, Bermuda, Dublin, Belfast, London, and Johannesburg. In the Archives, researchers can find…

Considering limited-life philanthropy (also called spend down or spend out philanthropy)? The Atlantic Philanthropies shares why and how it gave $8 billion in grants and closed its doors, in keeping with its founder Chuck Feeney's Giving While Living philosophy. This collection of resources includes reports,…

By Joanne Florino Many thanks to the Center for Effective Philanthropy for a thoughtfully structured and informative research report on the why and how of limited life foundations. Any foundation donor and/or board considering an option other than perpetuity will be well served by a…

While Atlantic’s grant-making has ended, our legacy remains an active catalyst of change. Through the Atlantic Fellows programs, future generations of leaders and change-makers are given support and resources as they strive for the advancement of fairer, healthier, more inclusive societies. Our legacy also continues…

In "End-Game Evaluation: Building a Legacy of Learning In a Limited-Life Foundation," co-authors Ashleigh Halverstadt and Benjamin Kerman share the emerging hypotheses of The Atlantic Philanthropies and the S. D. Bechtel, Jr. Foundation about the opportunities and challenges for evaluation in the limited-life context. The authors argue…

By DEBORAH L. JACOBSALL IN THE TIMING John Hunting started the Beldon Fund in 1982, but in 1998 he devised a 10-year plan to wind it down., Photo: Adam Bird for The New York TimesTRADITIONALLY people who set up private foundations — either during their lifetimes or…

Most family foundations in the U.S. are set up to exist in perpetuity, but the number of limited-life foundations is increasing. The decision to continue for generations or spend down is an individual one, and there are valid reasons for each approach, according to Susan…

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…