Perpetuity, lifespan, and spend down

Contributions

Closing the door: Spending out frees the Beldon Fund board’s imagination

Posted on October 21, 2005 by Deanne Stone

Many family foundations that make the decision to spend out their assets within a limited timeframe say that doing so keeps them focused on the mission, energized, and on their toes. Bill Roberts, former executive director of the Beldon Fund, speaks for many of the foundations interviewed for NCFP’s Passages Issue Brief on this topic, “Alternatives to Perpetuity: A Conversation… Read More

Softening The Painful Path To Goodbye

Posted on June 28, 2004 by Andrea Johnson

For grantmakers and grantseekers alike, developing en exit strategy before funding begins might seems counterintuitive. Everyone knows the problems funders and civil society organizations seeks to resolve are highly complex and deep-rooted… Read More

Stewarding the Land

Posted on October 28, 2003 by Bob Ayres

A conservation easement is a legal means of extinguishing development rights on private property in perpetuity. Bob Ayres describes the discussions his family had about creating a conservation easement, using his experience to give tips on working out family land transfers and dealing with the family dynamics issues that will inevitably arise… Read More

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