Closing Shop - Exponent Philanthropy

Closing Shop

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Although most foundations choose to exist in perpetuity, it is increasingly common for foundations to consider closing shop.

The reasons for closing shop are often straightforward—donor mandate, a preference to give while living, challenging family dynamics, or a desire to spend out for greater impact in the short term—but the process can be complicated.

We gathered tips from several foundations that closed their doors or are in the process.

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