The Perpetuity Debate

By John Hoover, Senior Vice President, The Andrea and Charles Bronfman Philanthropies PNY convened four foundations whose boards had considered the question of spending down. But by most accounts, this conversation skewed to an unbalanced degree toward the argument for perpetuity, and in so doing was a disservice to the philanthropic community and the issue in general. […]Image may be NSFW.
Clik here to view.