Sticking the Landing: a Growing Trend Toward Spending Out
Posted on December 3, 2015 by National Center for Family Philanthropy
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For much of the 20th century, the vast majority of U.S. foundations operated under the assumption that they would be in business forever. However, as a new generation of family philanthropists take over a growing number are deciding that they would rather spend down their assets during a set period of time than manage their endowments in perpetuity… Read More