More philanthropists are choosing to donate all of their foundations' assets within their lifetimes. About 50 years ago, only 5% of the total assets of America's largest 50 foundations were held by spend-downs. In 2010, that number had risen to 24%, according to Bridgespan Group in Boston.
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In Philanthropy
Share news about your grant making initiatives! AGM Grant Making Members are working on a variety of diverse causes including education, environment, healthcare and immigration (to name just a few). We want to promote your efforts and best practices. Help us spread your good works, event announcements and news items by emailing Gail Pinkham.
April 24th, 2014
Source: Wall Street Journal
March 26th, 2014
Source: Member News
Massachusetts has maintained the high levels of health insurance coverage and access that were achieved by the state's groundbreaking 2006 reform law, but the cost of care continues to remain a significant burden, especially for low- and middle-income individuals and families.
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March 19th, 2014
Source: Member News
The philanthropic community mourns the death of Ronny Zinner, president of the Carl and Ruth Shapiro Family Foundation, who passed away on Tuesday, March 18, 2014. The Shapiro family has shared a moving tribute to Ronny on the foundation website.
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January 6th, 2014
Source: The Boston Globe
One Fund Boston, which initially collected $61 million for the victims of the Boston Marathon attacks, has grown by an additional $12 million, as donors from around the world continue to donate. Now, the outpouring of generosity has the organization considering new ways to disburse the funds.
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