Search results for: limited life

By Christopher G. Oechsli & David La Piana We usually think of large private foundations (those with assets of more than $1 billion) as permanent endowments. Names like Ford, Carnegie, Rockefeller, and Packard summon the image of a donor whose vision—and wealth—lasts well beyond his…

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

Are foundations with set periods for spending down their assets more effective as grantmakers than their peers who are established to exist in perpetuity?

Brian O’Connell, former Vice Chancellor and Rector of the University of the Western Cape. Photo courtesy of UWC.The Atlantic Philanthropies and The Kresge Foundation announced today a joint investment of $500,000 (R5,726,102.50) to establish The Brian O’Connell Visiting African Scholar Fund, which will bring visiting…

I have been on the road for most of the last four months, more so than in the prior three years I have been leading The Atlantic Philanthropies. In order to take in what Atlantic has done in its three decades-plus of grantmaking, I traveled…

In his latest instalment in a series chronicling Atlantic’s limited life, Tony Proscio at the Duke University Center for Strategic Philanthropy & Civil Society conjures the image of a harvest to describe our work in Atlantic’s final years. The metaphor is apt. We want to…

 Over $200 million invested to-date to address racial disparities in life outcomes   Additional $70 million earmarked for school discipline, criminal justice and Elev8 grantees February 27, 2014 – The Atlantic Philanthropies announced today that they have joined with the White House and nine other leading…

This report is the third 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 covers events that occurred from late 2010…

Nine Others Win $10,000 Each, as Experienced Adults Prove to be an Unexpected Source of Social Innovation SAN FRANCISCO - One winner put his mechanical know-how to work and invented a $28 machine to help rural African villagers shell peanuts more efficiently. Another, in Fargo,…

In this first episode of a new Australian podcast series, “How I Did It,” Atlantic President and CEO Christopher G. Oechsli shares management lessons learned during his time at the foundation, as well as earlier in his career when he worked for the investment company…