Thursday, August 06, 2009
Spend Out vs. Perpetuity: Raising the Question « Smart Assets: The Philanthropy New York Blog: "A trend? Hard to say. Research by the Foundation Center shows a modest uptick in the decision to spend out by family foundations. If my private conversations with executive directors and foundation board members are any indication, the spend out vs. perpetuity question is on the table for a growing number of private foundations. They are hungry for advice and examples."