Search results for: endowment

Bruce S. Trachtenberg, Advisor, Communications NetworkBy Bruce S. TrachtenbergThe idea of time-limiting foundations seems to be gaining more traction. As counterpoint, a recent Philanthropy New York program asked: “What Is the Case for Foundations Living in Perpetuity?”PNY gathered a group of three leaders of foundations…

Illustration: Flickr user Martin FeemsterBy Tony ProscioThe idea of limiting the lifetime of a foundation has become so popular (at least in the financial media, and evidently among many newer philanthropists) that the foundation trade group Philanthropy New York recently felt it worthwhile to hold a seminar…

Perhaps “deliberate deployment” should replace “spending down” in the philanthropic glossary.

by Kate Parmelee In the '60s, Boomers helped change the world. As the first generation of Boomers enters their 60s, will they do it again? National research is showing that as the baby boomer generation ages many want to work, learn and volunteer in ways…

Colin McCrea, SVP, Atlantic Philanthropies was interviewed on the Pat Kenny Show on Ireland's National Radio station (RTE) recently in a discussion on philanthropy. The morning chat show of 8 July, 2008, broadcast an interview exploring the field of philanthropy and the role it plays…

The Atlantic Philanthropies named Gara LaMarche, a veteran human-rights advocate, its new chief executive officer. He faces one of the more unusual challenges in philanthropy: The foundation plans to spend its entire $4 billion endowment within 10 years and go out of business. Mr. LaMarche,…

HAMILTON, Bermuda The Atlantic Philanthropies announced today that its chief executive officer, John R. Healy, will step down in September 2007. Mr Healy, who was appointed CEO for a five-year term in September 2001, has agreed to extend his term for an additional year before…

By Joe Wilensky There will soon be a second “Feeney Way” at Cornell: a central thoroughfare at Cornell Tech to be named in honor of the transformative impact and legacy of Charles F. “Chuck” Feeney ’56, the university’s most generous donor. The former East Avenue…

Leaders of limited-life foundations often assert that spending all of their resources in a relatively short period gives them the ability to do more good, to produce more social value, than if they were to hold the same resources in a lasting endowment and disburse…

Completion of our grantmaking at the end of 2016 brings us one step closer to the end of the path our founder, Chuck Feeney, and Atlantic started down 35 years ago.