Strategic Lifespan Peer Network: Supporting Social Movements: How a Spend Down Foundation Can Make a More Impactful Difference

Posted on February 9, 2024 by Vanessa Silberman, Sharon Yazowski, Anne Marie Toccket, Priscilla Enriquez

What caused the Mortimer & Mimi Levitt Foundation to move from gifting 6 to 8 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

Strategic Lifespan Peer Network: What Spending Down Well Can Accomplish—Lessons Learned from the Pierce Family Foundation

Posted on February 2, 2024 by Laura Jansen, Anne Marie Toccket, Priscilla Enriquez

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, who will share insights from the foundation’s spend down journey. Dig deeper… Read More

Values in Action: Thinking Strategically About Your Family Philanthropy’s Lifespan

Posted on December 4, 2023

Join us to explore the considerations of family philanthropy lifespan. In addition to philanthropic traditions, families want to think ahead about their philanthropic timeframe. This webinar will guide families through the decisions surrounding the sustainability and potential conclusion of their philanthropic efforts. Drawing from real-life examples, this session will equip you with the tools to ensure your family’s philanthropic mission… Read More

Clarifying Your Purpose and Legacy Part One: Family Giving Lifecycle Succession and Legacy Curriculum Workshop

Posted on December 1, 2023

Intentional philanthropy requires ongoing reflection and planning. This interactive workshop will provide families with practical tools and proven strategies to clarify their philanthropic mission, effectively transition leadership, ensure lasting impact, and preserve their philanthropic values. This webinar is part of a series within the Fundamentals of Family Philanthropy webinar programming. Join us for part two, Clarifying Your Purpose and Legacy… Read More

Effective Family Philanthropy: The Kendeda Fund

Posted on November 29, 2023 by Ade Adeniji

The Kendeda Fund is Writing its Last Checks — and the Last Chapter of a 30-Year Story of Giving About 30 years ago, Diana Blank began to ramp up her philanthropy through what became known as the Kendeda Fund, drawing the name from her three children, Kenny, Dena and Danielle. Tapping into wealth derived from the Home Depot empire, which… Read More

Strategic Lifespan Peer Network: Insights from the Kendeda Fund

Posted on August 7, 2023 by David Brotherton, Dena Kimball, Anne Marie Toccket, Priscilla Enriquez, Glen Galaich

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

Sustainable Investing as Part of a 10-Year Spend Down at The John Merck Fund

Posted on August 7, 2023 by The John Merck Fund

When The John Merck Fund embarked on a 10-year spendout of its assets in 2012, the board aimed to maximize its grantmaking clout across four core program areas. The board also set another challenge: to finance the effort as much as possible with sustainable investments consistent with the Fund's philanthropic mission—and, what’s more, to do this without sacrificing market-rate returns… Read More