The Atlantic Philanthropies were founded by entrepreneur Chuck Feeney, who decided in 1982 to devote his wealth to the service of humanity. A champion of Giving While Living, Feeney has long maintained that people of wealth should use it to better the world during their lifetimes. That belief, which has been a driving influence in our work, led our trustees to decide in 2002 to limit Atlantic’s life to a fixed term.

Atlantic, which plans to close its doors in 2020, completed its grantmaking at the end of 2016. Over 35 years, we invested a total of $8 billion in promising programs and people and in places where we saw the chance to create opportunity and promote greater fairness and equity for all. Because we believe that it’s imperative to address deeply rooted problems sooner than later, many of our grants were “big bets” designed to produce lasting results.

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The Atlantic Philanthropies and Its Archives: Limited Life, Enduring Legacy

Posted on November 15, 2019 by Atlantic Philanthropies, Joanne Florino

In December 2016, The Atlantic Philanthropies made its final awards, becoming the largest limited life philanthropy to complete its grantmaking. The end of this aspect of its organizational life has been long-planned and purposeful – a fulfillment of donor Charles F. (“Chuck”) Feeney’s commitment to Giving While Living. Many of Atlantic’s final grants have been “big bets” designed to improve… Read More