Search results for: endowment

This report is the second in a series to chronicle the concluding years of The Atlantic Philanthropies, the largest foundation ever to decide to commit its entire endowment in a limited timeframe and then close its doors. It captures the foundation between late 2009 and…

The Atlantic Philanthropies have announced the appointment of Martin O’Brien, a renowned human rights activist, as Senior Vice President for Programmes, effective immediately. O’Brien has served as Atlantic's Country Director for Northern Ireland since 2010 and Director of its global Reconciliation & Human Rights Programme…

NEW YORK, NY, 28 September 2011 – The Board of Directors of The Atlantic Philanthropies has announced the appointment of Christopher Oechsli as President and Chief Executive Officer, and his election to the Board, effective immediately.  Oechsli has served as Interim President and Chief Executive…

NEW YORK, NY, June 27, 2011 – The Atlantic Philanthropies’ Board of Directors today announced that its Transition Committee has selected Christopher Oechsli as Interim President and Chief Executive Officer. The Board announced earlier this month that President and CEO Gara LaMarche did not intend…

In this statement, Diane Feeney, Director of the French American Charitable Trust (FACT) and daughter of Atlantic Founding Chairman Chuck Feeney, talks about the FACT’s final grants and her family’s decision to spend down their foundation’s entire endowment to do more to solve today’s problems. In April…

By Mitch AnthonyAs successful baby boomers liquidate businesses or transition to "doing something more meaningful with their lives," there is growing interest in capitalizing, in a philanthropic sense.  This sentiment is growing and there are not enough wealth managers in the marketplace that can provide the conversation…

by Daryl PassmoreAUSTRALIA'S biggest philanthropist will recruit some of Queensland's richest people for a "committee of angels" to raise tens of millions of dollars a year for charity.KEEPS ON GIVING: American billionaire and philanthropist Charles 'Chuck' Feeney. PIC. Rob Maccoll Source: The Sunday Mail (Qld)American billionaire Charles…

THIS is a season of fiscal austerity for governments, and state and local officials across the country are threatening to cut programs that aim to help the less fortunate. With tax revenue down and budgets constrained, they say they have little choice. By Paul Sullivan.  Now,…

by Kristin RomanoCharles “Chuck” Feeney has amassed billions of dollars in wealth. However, he doesn’t own an opulent house, a car or a Rolex. He prefers taking cabs, riding the subway, or just walking when he’s in New York. He flies economy, even on international…

by James McCulloughA DESIRE to invest in human capital and help people prompted Wotif.com co-founder Andrew Brice to start giving away millions of dollars. Media-shy Mr Brice yesterday revealed how he had joined a growing number of multimillionaire philanthropists giving away millions to credible charities…