Foundation Giving: Will it Follow the Bubble Economy?

Research Report

Foundation Giving: Will it Follow the Bubble Economy?

June 21, 1999

Abstract

Senior Fellow Eugene Steuerle discusses his concern with foundation payout rates. He finds that the current formula for payouts--and the way it is applied by foundations--faces a new danger not entirely unrelated to the old one. That is, in following a stock market cycle, giving can easily run counter to social needs and opportunities.

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