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Forever is a long time

Photo for the news post: After the Golden Age: An Argument for “Spend-Down”
February 25, 2021

After the Golden Age: An Argument for “Spend-Down”

After the Golden Age: An Argument for “Spend-Down”

By Malcolm D. Burrows. Until 2010, the disbursement quota provisions in the Income Tax Act mandated that charities handle donations in one of two ways: for immediate use or held... More

Photo for the news post: From $8 billion to Zero: Lessons from the Wind-Down of a Major Foundation
January 20, 2021

From $8 billion to Zero: Lessons from the Wind-Down of a Major Foundation

From $8 billion to Zero: Lessons from the Wind-Down of a Major Foundation

In 2020, the Atlantic Philanthropies closed its doors after global grantmaking of $US 8 billion over 38 years. It began as a private foundation, and its founder, Chuck Feeney, who... More

Photo for the news post: Folly? What No Large Charity or University Fundraiser Wants to Read
January 19, 2021

Folly? What No Large Charity or University Fundraiser Wants to Read

Folly? What No Large Charity or University Fundraiser Wants to Read

By Malcolm D. Burrows. (Download text-only PDF of this article) Years ago, I read a copy of Get Smarter: Life and Business Lessons, Seymour Schulich’s freewheeling and eccentric “mentoring book.”... More

Photo for the news post: The Pros & Cons of Foundations Spending Down (or Living to the End of Time)
January 18, 2021

The Pros & Cons of Foundations Spending Down (or Living to the End of Time)

The Pros & Cons of Foundations Spending Down (or Living to the End of Time)

Dr. Diana Leat, world-renowned philanthropy researcher, based in Scotland, presents arguments for and against foundations spending down, drawing on her experience as a trustee of the Diana Princess of Wales... More

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