Gearing Up to Spend Down: A Foundation in the Midst of Paradigm Shifts: Year Two Report on the Concluding Years of the AVI CHAI Foundation

Center for Strategic Philanthropy and Civil Society (Duke)



Case Study Sector

Community Building

Professor Joel L. Fleishman's second annual report on spend-down at the AVI CHAI Foundation examines the changes brought about by the board's determination to begin governing the institution less from the perspective of individual grants and more with an eye to the sustainability of its overall fields of interests, the likelihood of future funding for these fields, the durability of their leading organizations, and the odds that future philanthropists would see opportunity in, and derive inspiration from, the work that AVI CHAI had set in motion.



  • Field Building
  • Partnership
  • Strategy


  • Asia
  • Europe
  • Northern America

Blog Posts

More on time, value, and time limits

April 3, 2017

A new report applies a theory of time and value in philanthropy to three real cases, to see how a foundation could decide whether to operate with a limited life, based on the amount and kind of value it hopes to create.


Oct 05

Rip Rapson
President and CEO
The Kresge Foundation