Now or forever
Posted on March 15, 2005 by Sarah Trzepacz
Should families establish perpetual foundations or should they create foundations, donor-advised funds, and other giving vehicles designed to “sunset” or spend out their endowments at a certain point in their lifecycle? Or might both options be appropriate? While perpetuity—or, at least, perpetuity for the foreseeable future—is by far the most commonly chosen option among foundations in America today, a growing… Read More