鈥淭here is no fact in history which posterity will find it more difficult to understand, than the idea of perpetuity,鈥 wrote John Stuart Mill about foundations in 1833. With more than US $1 trillion set aside in private foundations and donor-advised funds, with only the former subject to an annual (and small) payout rule, these funds can sit more or less untouched over generations. Foundations have the legal capacity to exist in perpetuity and many are designed to do so. However, we hear today, from those both inside and outside the philanthropic community, about the importance of 鈥淕iving while Living鈥 or spending out soon after the death of the initial donor.
How should we think about the lifespan of a philanthropic endowment? How might philanthropy balance its responsibility to the present with is obligations to the future? This public event brought together leaders from some of our country鈥檚 most prominent foundations to address how they consider the relationship between giving and time.
Cedric Brown, Chief of Community Engagement at the Kapor Center for Social Impact
Emmett D. Carson,听Founding CEO of Silicon Valley Community Foundation
Larry Kramer, President of The William and Flora Hewlett Foundation
Clara Miller, President of The F. B. Heron Foundation
Christopher G. Oechsli, President and CEO of The Atlantic Philanthropies
Jeff Raikes, Co-Founder of the Raikes Foundation and former CEO of the Bill and Melinda Gates Foundation
Rob Reich, Faculty Co-Director of the Stanford Center on Philanthropy and Civil Society
Giving in Time
Giving in Time
For more information about becoming a co-sponsor, please contact Professor of Law and Forum Convenor听Ray Madoff.听
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Thursday, September 18th | |
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5:00 PM |
Stanley Katz,听Princeton University 5:00 PM听-听6:00 PM |
6:00 PM |
Convention on Promoting Meaningful Reform in Philanthropy 6:00 PM |
Friday, September 19th | |
8:00 AM |
Convention on Promoting Meaningful Reform in Philanthropy 8:00 AM听-听8:30 AM |
8:30 AM |
Brian Galle,听Georgetown University Law Center 8:30 AM听-听8:59 AM |
8:59 AM |
Miranda Fleischer,听University of San Diego School of Law 8:59 AM听-听10:00 AM |
10:00 AM |
Convention on Promoting Meaningful Reform in Philanthropy 10:00 AM听-听10:15 AM |
10:15 AM |
Evelyn Brody,听Chicago-Kent College of Law 10:15 AM听-听11:15 AM |
11:15 AM |
Daniel Halperin,听Harvard Law School 11:15 AM听-听12:15 PM |
12:15 PM |
Convention on Promoting Meaningful Reform in Philanthropy 12:15 PM听-听1:30 PM |
1:30 PM |
Alan Cantor,听Alan Cantor Consulting 1:30 PM听-听2:30 PM |
2:30 PM |
Convention on Promoting Meaningful Reform in Philanthropy 2:30 PM听-听3:00 PM |
3:00 PM |
Paul Brest,听Stanford Law School 3:00 PM听-听4:00 PM |
4:00 PM |
Ray Madoff,听Boston College Law School 4:00 PM听-听5:00 PM |