Financial crisis: online report: More Than a Third of Family Foundations Uncertain About Lifespan or Expect to Spend Down, Report Finds

More Than a Third of Family Foundations Uncertain About Lifespan or Expect to Spend Down, Report Finds

Blog: Financial crisis: online report
Author: Lidia Varbanova - Date: 15 May 2009, 15:07

While existing in perpetuity continues to be the norm for the majority of family foundations, 25 percent say they are currently undecided about their lifespan options, while 12 percent plan to limit their lifespan, a new report released jointly by the Foundation Center and the Council on Foundations finds. Read more here: Philanthropy News Digest.