The National Center for Family Philanthropy’s (NCFP) Strategic Lifespan Peer Network assists staff at spend-down foundations or at those considering taking that route. Program Director Daria Teutonico walks us through its work.
Read MoreAmid ongoing backlash against equity and social justice efforts, guest author and Woods Fund Chicago Board Chair L. Anton Seals lays out why progressive funders have a responsibility to open up their pocketbooks.
Read MoreJames B. McClatchy Foundation just published a plan to spend down by 2030. CEO Priscilla Enriquez explains how they came to this decision, challenges along the way, and why funders are so protective of their assets.
Read MoreLast month, IP’s Philip Rojc made the case that there will always be a place for foundations that never spend down, and it sparked some lively debate! We return to the scene of the crime to hit a few more points about perpetuity.
Read MorePhilanthropy is difficult to navigate. That’s why we’ve produced a series of explainers to demystify the basics. Today, we look at a key debate: long-term general support versus project support.
Read MoreWith mega donors like MacKenzie Scott putting the power of time-limited spending on full display, it may seem like perpetuity is going out of style. But there are still some good reasons to play the long game.
Read MorePhilanthropy is difficult to navigate. That’s why we’ve produced a series of explainers to demystify the basics. Today, we look at a key distinction in the foundation world: whether or not a funder plans to stick around.
Read MoreFormer Heron Foundation President Clara Miller says funders should move beyond dogmatic adherence to both perpetuity and spend-down, toward a more nuanced understanding of aligning money to mission.
Read MoreThe largest foundation in the U.S. will soon spend $9 billion a year. But a look at the numbers suggests that’s still far from enough to fulfill its pledge to spend down, if that’s actually the plan.
Read MoreDonor-advised funds are the target of a lot of criticism, including in the pages of Inside Philanthropy — and for good reason. But setting aside their worst flaws, we have to admit that DAFs have a lot to offer.
Read MoreBill Gates says he wants to spend down in 25 years, but that’s hard to square with the foundation he’s built — a technocratic global health juggernaut that, in an earlier era, would almost certainly have been intended for perpetuity.
Read MoreWealthy individuals and institutions say they want to give more. Majorities of the American public and nonprofit professionals want philanthropy to give more. There’s plenty of money to give. What’s the holdup?
Read MoreThe Compton Foundation, launched in 1946, is now spending down. Here’s how debates around perpetuity and social justice led to rifts in the founding family, and how one next-gen family member navigated those troubled waters.
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