Search results for: Spend out philanthropy

Original Source By SHELLY BANJO A growing number of philanthropists are adopting spending deadlines and sunset provisions to ensure urgent global needs are addressed in a timely way. By granting the entirety of funds within a certain period of time, these charitable efforts are looking…

Generous Gen-Xers are putting their own spin on charitable giving, combining their desire to achieve with their desire to do good. Original Source By SUZANNE MCGEE THE STORY IN PHILANTHROPY THIS HOLIDAY SEASON is becoming all too familiar. Individuals, foundations and corporations are all scaling…

Original Source By Elizabeth Schwinn When Earl Martin Phalen started Building Educated Leaders for Life, a program that prepares Boston inner-city students for college, he found it easy to persuade foundations to pay for tutors and books. But few would give him money for the…

By Lauren Foster When Mark Lachs, an internist who specialises in the care of the elderly, looks into the not-so-distant future, he sees millions of retirees and not enough doctors. The baby boomers are moving through the belly of the beast and are coming out…

As nonprofit institutions have seen donations and investments grow spectacularly in recent years, the urge to keep the money rolling in is being supplemented by a new pressure: make it flow out faster. Politicians, consultants, watchdog groups and even some philanthropists say that foundations, universities,…

Conor O'Cleary interviews Chuck Feeney about his philosophy of giving. Irish America 12-01-2003 Chuck Feeney has just put into practice something he had been considering for many years. He has decided that all the vast wealth he accumulated in his lifetime should be given away…

Charles F. “Chuck” Feeney ’56, founding chairman of The Atlantic Philanthropies and Cornell University’s most generous donor, died Oct. 9 in San Francisco. He was 92. Feeney, who quietly devoted his fortune to worldwide causes for decades, invested nearly $1 billion in Cornell through the…

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…

Atlantic Philanthropies has this year wound itself up as quietly as it arrived in Ireland more than 30 years ago, after dispensing €1bn on Irish ­projects. Our reporter profiles Chuck Feeney - the ­billionaire backer of an extraordinary foundation.

Chuck Feeney is the biggest philanthropist people know nothing about. The reclusive former billionaire not only decided to give away all his wealth in his own lifetime, but also leads a life of disarming simplicity. By N Mahalakshmi Therefore when thou doest thine alms, do…