Loren Renz is vice president for research at the Foundation Center.

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Perpetuity or Limited Lifespan: How Do Family Foundations Decide?

Posted on April 3, 2009 by David Wolcheck, Loren Renz

In recent years, foundation donors and leaders have engaged in an increasing number of conversations on the phenomenon of foundation “spenddown,”or limited lifespan. These discussions have been spurred by the heightened visibility of individual philanthropists who have announced their intention to limit their foundation’s lifespan and by the fact that many family foundations created in the 1980s and 1990s are now facing a transition in leadership that leads them to consider foundation lifespan options that may be open to them… Read More

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