What makes a foundation embrace big risks?

November 14, 2014

By at least one measure, the Kresge Foundation has made the biggest bet, among all national foundations, on the future of Detroit. The question is: What led them to accept the risk?

 

Here’s a further thought on my last post, about the Kresge Foundation’s ambitious, high-risk effort to help Detroit come out of bankruptcy as a stronger, more stable city.

 

Welcome to our new website!

October 13, 2014

Welcome to our new and improved website! We're glad you stopped by.

 

Stay awhile and explore the features we've added, like the Time-Limited Philanthropy section, which highlights the Center’s extensive work on foundations that are spending out their endowments and completing their work on a fixed schedule. Take a look at our streamlined Case Study Database, with over 600 case studies of philanthropy in action.

 

Value, Time, and Time-Limited Philanthropy

Date

2017
Source: 
Center for Strategic Philanthropy and Civil Society
Leaders of time-limited foundations often assert that spending all of their resources in a relatively short period gives them the ability to do more good, to produce more social value, than if they were to hold the same resources in a lasting endowment and disburse only the proceeds. That belief has motivated many signatories of the Giving Pledge, including the founder of The Atlantic Philanthropies, Chuck Feeney. The idea has an intuitive appeal, and perhaps as a result, it is rarely questioned.

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