Schmidt, Arthur “Buzz,” 2009. “Escaping the Perpetuity Mindset Trap.” Nonprofit Quarterly, vol. 16, Spring: pp. 64-68. The founder and CEO of GuideStar International argues that foundations can increase their philanthropic impact if they focus less on their own longevity and begin putting a larger portion of their funds toward grantmaking. Includes a list of 9 potential operating strategies that would accompany this goal for increasing social value.
