Considering the Choice to Spend Down is Good for Philanthropy
Posted on April 19, 2016 by Virginia M. Esposito
For much of the 20th century, the vast majority of U.S. foundations operated under the idea that they would be in business forever.
But as a new generation of family philanthropists take over — a growing number are deciding that they would rather grant their assets during a set period of time than manage their endowments in perpetuity.
… Read More