This report explains why and how the AVI CHAI Foundation decided to spend down its endowment, and documents and assesses the first year of the spend-down process.
Fleishman, Joel L., 2010. "First Annual Report to The AVI CHAI Foundation on the Progress of its Decision to Spend Down." Durham, NC: Center for Strategic Philanthropy and Civil Society, Sanford School of Public Policy, Duke University.
The report is also available on the webiste of the AVI CHAI Foundation (link is external).