The limited life approach in philanthropy has received increased attention in recent years. But across foundations, perpetuity is often still seen to be the default, and there is considerable uncertainty about the practice of spending down.
To help foundation leaders and their boards begin essential conversations about marginalized populations and determine the extent to which their organization's culture and grantmaking practices are aligned with a commitment to expanding opportunity in the communities they serve, CMF developed thi
This edition provides considerable new value, reflecting changes in law as well as new circumstances in which the charitable sector functions, and new relationships within and between sectors.
This type of program would provide competitive reverse scholarships, helping recent college graduates pay off their student loan debt if they return to their local communities for work.
The Council of Michigan Foundations (CMF) retained Cambridge Associates in 2000 to evaluate the private foundation payout rate required by the federal government based on the real returns of a group of 48 Michigan private foundations over a 25-year period, 1973 through 1997, given the market vola
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