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Sunsetting: A Framework for Foundation Life as well as Death.

Ostrower, Francie, 2011. Sunsetting: A Framework for Foundation Life as well as Death. Washington, DC: Aspen Institute. This paper contends that, when approached in a strategic fashion, sunsetting offers a distinct approach to philanthropy with certain benefits and characteristics. This conclusion is developed through an analysis of four sunsetting foundations: the Mary Flagler Cary Charitable Trust, the Beldon Fund, the Jacobs Family Foundation, and the Pear Foundation. These foundations share certain characteristics of sunsetting foundations more broadly, but they were not chosen because they are typical. They were selected because each, in its own way, takes a planned and deliberative approach to sunsetting.