The Power of Urgency: Options for Spending Down and Limited Life Foundations

This webinar features the stories of the Eckerd Family Foundation, which was established as a limited life foundation from the outset, and the Irwin Sweeney Miller Foundation, whose board of third generation Miller family members made the decision to spend down the foundation more than 50 years after its founding. The webinar will also feature the advice and perspectives of Tony Proscio, a philanthropy writer and researcher who is chronicling the spend down activities of the AVI CHAI Foundation and Atlantic Philanthropies. This conversation provides a fascinating look at the advantages and disadvantages of the limited life approach, both for the community of grantees and for family members themselves. Even if your family is not currently considering the limited life option, the strategic approaches taken by the boards of these foundations to achieve their goals will offer many valuable lessons and insights.