Coming to a close: Lessons from two spend down family foundations

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If your foundation decided to spend down and cease operations in a defined period of time, what might the process look like? It’s a question more family foundation boards are facing, as entrepreneurs pursue philanthropy the way they conducted business – with an exit plan in mind. This webinar will feature two prominent family foundations that have recently completed the final steps of the sunset process. Leaders from the Orfalea Foundation and the Noyce Foundation will share lessons learned and real experiences of how sunsetting altered the foundation’s culture and brought new focus to their respective quests for demonstrable change in the communities and causes they served.

Featured Speakers

Pendred Noyce

Pendred Noyce was Co-Principal Investigator of the NSF-funded Massachusetts State Systemic Initiative Program and of PALMS,…

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Lois Mitchell

Lois Mitchell

Lois Mitchell has extensive experience directing philanthropic initiatives, navigating strategic plans, and building key partnerships with cross-sector…

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Catherine Brozowski

Catherine Brozowski is the President of Giving Matters, a consulting firm that manages grantmaking and administration for…

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Ann Bowers

Ann S. Bowers is the Chair of the Board and the co-founding trustee of the Noyce…

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What others have said...

Very valuable and practical, we appreciate the candor and thoughtful preparation of these presenters.  Their willingness to understand the concerns of the audience and respond to particularly tough questions is especially important.


This webinar was very informative and gives us a lot to think about. There were very helpful tips to explore going forward. Thank you for making this available.


Our foundation has not decided when we are going to spend down, but the information I learned from this webinar from other foundations will definitely be helpful to us as we think about this issue.


Very practical tips, showed the rigor foundations undertake to make an impact in a finite timeline, appreciated the materials and the mention of the other foundations who have resources about this.


Real life examples of powerful but difficult work. Concrete lessons learned for spend-down foundations.


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