Search results for: time limited philanthropy

Irish billionaire Chuck Feeney is one of a growing number of philanthropists who want to make a difference now not tomorrow and a leading advocate for ‘giving while living’.The trend for giving in one’s lifetime and over a shorter time, rather than in perpetuity, is…

Five U.S. foundations that spent all of their assets offer lessons for modern donors who might also consider a limited lifespan for their foundations, according to this report by the Aspen Institute’s Program on Philanthropy and Social Innovation. Time is of the Essence: Foundations and…

One of Australia’s biggest philanthropic benefactors, Charles “Chuck” Feeney, is the inaugural recipient of a prestigious new award recognizing global generosity. Feeney, an international business leader and philanthropist who made his fortune worth billions and quietly gave it all away, is the first person to…

How does a foundation insure that its archive exists not simply as a static repository, but rather as a vibrant space that continues to “live” and be relevant, useful and influential?

This report is the fifth in a series on the concluding years of The Atlantic Philanthropies, the largest foundation ever to decide to put all its charitable assets to use in a fixed period of time and then close its doors. Covering late 2013 through the…

By Tony Proscio Leadership changes, strategic reviews, the closing of some programs and a fresh emphasis on others — all these are part of the normal cycle at just about any foundation. They may feel momentous at the time, but at most foundations, where endowments…

When Atlantic commissioned philanthropy consultant Tony Proscio in 2010, in conjunction with Duke University Center for Strategic Philanthropy & Civil Society, to write a series of reports charting the foundation’s final years, it was the largest foundation planning to put all its charitable assets to…

By Mark Hrywna. Charged with not fulfilling its mission of advancing the public good, the philanthropy was put on trial Tuesday afternoon during the Council on Foundations’ (CoF) conference closing plenary session. The penalty, if found guilty, was the loss of its tax status. It…

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…

This is the sixth paper in the “Harvest Time” series on the concluding years of The Atlantic Philanthropies, the largest endowed institution to put all its charitable assets to use in a fixed period of time and then close its doors. “Finished, But Not Done”…