33 Results for “strategic lifespan peer network”

Driven by a desire to address urgent needs and create lasting change in a shorter time frame, the Fred and Barbara Erb Family Foundation decided in 2022 to spend down its assets by 2034. Join Board Chair John Erb and President Melissa Damaschke to hear what they have learned from the first three years into their 12-year sunset process. Learn Read More

Reductions in federal funding and social services have created immense challenges for the nonprofit sector. How are limited life foundations, and those considering spending down, responding? Have foundations reconsidered their grantmaking strategies or adjusted other core practices? For those already on the path to spend down, has the current situation affected their spend down timeline or process? Learn from the Read More

The Clark Foundation is nearing the conclusion of its decade-long sunset strategy. The foundation, founded in 1987, began its 10-year $1.3B spenddown in 2016, partnering with organizations to educate future engineering leaders, support veterans and their families, and expand opportunities for the Washington, DC community. Currently in its final year, the foundation remains focused on ensuring that their partners have Read More

Why did the Mighty Arrow Family Foundation decide to spend down its assets by 2040? What are the values underlining that decision? What do they hope their impact will be? Join us for a conversation with Kim Jordan, founder, and Jordana Barrack, executive director, who will share insights about the decision to sunset the foundation and lessons from the process. Hear about Read More

The trustees of the Cedarmere Foundation decided to spend down their endowment in order to invest in the capacity building of organizations and initiatives that sustain and strengthen the nonprofit sector in Washington State. Since then, the foundation has focused on: Investing in the development, support, and sustainability of nonprofit leadership Sharing what is learned with philanthropic partners and nonprofit Read More

What caused the Mortimer & Mimi Levitt Foundation to move from gifting six to eight percent of their total assets annually, to a decision to spend down its $150M in assets by 2041? What impact do they hope to make during that time? Join us for a conversation with Sharon Yazowski, CEO, and Vanessa Silberman, Executive Vice President on the Read More

The Pierce Family Foundation sunsetted at the end of 2023. Why did they decide to spend down? How did they ensure they provided the most impactful support to nonprofits? Join us for a conversation with Laura Jansen, former Director of Programs and Operations at the Pierce Family Foundation, and Denis Pierce, President and Founder of the Foundation, who will share Read More

Every family foundation that has decided to sunset has a unique spend down journey. But every family foundation learns throughout that journey. The Kendeda Fund has committed to spending out the remainder of its assets and ending grantmaking operations by the end of 2023. Since their founder, Diana Blank, began her philanthropic journey nearly 30 years ago, Kendeda has worked Read More

The length of the spend down journey varies from foundation to foundation. The nature of decisions also varies depending on the length of time remaining in the foundation’s lifespan. What is top of mind at the different times of the spend down journey? What can a spend down foundation with more than 10 years remaining learn from a foundation with Read More

When a family makes the decision to spend down their philanthropic resources, that is just the beginning to many other decisions that affect the impact of the family’s giving. Trade-offs will need to be made related to staffing, investments and grantmaking. How can one maximize the opportunities that spending at a faster payout rate provides? How can one minimize missed Read More