Diana Blank’s foundation is winding down this year, having moved over $1 billion to the environment, rights of women and girls, and more. Family and staff recount Kendeda’s history and explain how and why it’s spending down.
Read MoreThe late Chuck Feeney’s achievement — actually giving away his billions while alive — remains unrivaled. Now that “giving while living” is a common mantra, why haven’t more megadonors stepped up in the same way?
Read MoreThe 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 MoreOperating as an LLC, the Boulder-based Hemera Foundation is inspired by Buddhist teachings and traditions. Here’s a closer look at its grantmaking and its plans to spend down a $32.9 million endowment by 2032.
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 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.
Read MoreThe leader of the sunsetting foundation, which was set up by her mother, Diana Blank, joined us for a rare interview. Hear about what she’s learned on the journey to spending it all.
Read MoreTheir family’s fortune is estimated at nearly $6 billion, and their philanthropy is starting to accelerate. Here’s what John and Timi Sobrato have to say about what drives their giving, the Giving Pledge, DAFs, and more.
Read MoreThis sporty Midwestern funder has over a billion in the bank, big spend-down plans and a fondness for parks and recreation. Here’s what you need to know about the Ralph C. Wilson, Jr. Foundation.
Read More
Whether you raise money or give it away,
Inside Philanthropy is an essential resource.
