This report offers a ‘snap-shot’ of the impact of the current recession on UK charitable trusts and foundations. It is based on in-depth interviews conducted in April 2009 with 19...
In recent years, charitable trust and foundation trustees have engaged in an increasing number of conversations and debates on the phenomenon of ‘spend out'. Spend out, known in the USA...
The question of whether a foundation should exist forever (in perpetuity) by building up an endowment and distributing only the interest, or should ‘spend down’ by spending both capital and...