The Wall Street Journal
May 21, 2009
By Shelly Banjo
A growing number of philanthropists are adopting spending deadlines and sunset provisions to ensure urgent global needs are addressed in a timely way.
By granting the entirety of funds within a certain period of time, these charitable efforts are looking to have a bigger immediate impact than traditional foundations, which are typically set up to last forever and pay out roughly 5% of assets a year.
RPA and Godeke Consulting Announce Alliance
Solutions for Impact Investors: From Strategy to Implementation
2007-2008 Giving Report
RPA in the news
- Morgan Stanley’s Mack, Clooney Help Charities Beat Recession
- Is now a good time to start a private foundation?
- With less money to dole out, foundations become more targeted in their giving