Sponsored Projects & Initiatives
Rockefeller Philanthropy Advisors is proud to sponsor or support several focused initiatives aimed at specific areas of need around the world, furthering our mission of promoting thoughtful, effective philanthropy. We encourage you to learn more about them. View projects by issue area.
Philanthropists Set Spending Deadlines
The Wall Street Journal
May 21, 2009
By Shelly Banjo
A growing number of philanthropists are adopting spending deadlines and sunset provisions to ensure urgent global needs are addressed in a timely way.
By granting the entirety of funds within a certain period of time, these charitable efforts are looking to have a bigger immediate impact than traditional foundations, which are typically set up to last forever and pay out roughly 5% of assets a year.
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