“How much should we spend?” It’s an essential question for all funders, and an especially complex one for endowed private foundations. The answer of “around 5%” was never universal as foundations sought creative means of ensuring that assets would serve mission rather than the other way around. In recent times, the pressure to revisit payout has increased. Endowed foundations have responded with everything from “stay the course with 5%” to “dive in with 20%” and all points in between.
Based on an upcoming strategy guide of the same name, this webinar will help you revisit your foundation’s role as an investment steward. It will introduce the surprisingly wide spectrum of equally valid choices endowed foundations have made in balancing permanence, purpose, and payout. And it will provide ideas for helping your own board or family thoughtfully answer “How much should we spend?”
The Council on Foundations and National Center for Family Philanthropy are co-sponsoring this webinar and the related strategy guide, with special thanks to the other co-signers of the Statement Encouraging Increased Giving in the Time of Crisis.
Speakers:
Peter F. Bird, Jr.: President, The Frist Foundation
Tony Macklin: Senior Program Consultant
Liz Sak: Executive Director, Cricket Island Foundation
George Suttles: Director of Research, Commonfund Institute
This webinar is open to the public, but is designed for donors and those who work with them. Connection details will be shared after registration.
We are committed to making GWP programs accessible to all members. If you have questions, or if an accommodation would be helpful to fully participate in this program, please reach out to Paula or call 412-471-6488 and we will make every effort to accommodate your request.