As we noted in 11 Trends in Philanthropy for 2019, foundations are increasingly being set up to close after a predetermined life span.
Since 2019, we’ve been facilitating a peer learning group of CEOs of limited-life foundations. One of the themes that has emerged is that the fact of having an end date influences everything about how the foundation does its work.
Based on those conversations, we’re pleased to share a resource for the field, Time-Limited Foundations: Lessons from a CEO Peer Group. Rather than explore the why of spending out, this resource provides insights into the day-to-day leadership and management of these foundations.
For foundations or donors considering whether to have a defined lifespan for their giving, this resource provides insights into the practical implications of that decision.