Twenty-second Century Philanthropy | Philanthropy Central

Twenty-second Century Philanthropy | Philanthropy Central: "Twenty-second Century Philanthropy

Many philanthropic foundations are created with relatively modest time horizons. These are the foundations that have spent down, that are in the process of spending down, or that have declared they will spend down at some point in the not-too-distant future.

Then there are philanthropic foundations designed with no end point in mind—the so-called perpetual foundations."