Ending Well: Exits and Spend Down

While foundation exits and spend downs are gaining interest in philanthropy, they have fueled relatively little research to date. Being able to effectively end an initiative, prepare grantees for continued success, and sustain results is vitally important to funder investments. The S. D. Bechtel, Jr. Foundation is preparing to sunset in 2020. Along the way, it intends to help increase knowledge about this topic – shining a light on the reasons why some foundations choose to exit, and increasing awareness of practices that help funders conclude program work in a manner that serves their objectives as well as those of grantees.

The resources shared in this collection contain information and tools developed through the experience of multiple philanthropies involved in exits—including the S. D. Bechtel, Jr. Foundation.

For additional perspectives and case studies from NCFP and others, see the content collection, Spending Up: Considering Your Strategic Lifespan.

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