Research Report Foundation Giving: Will it Follow the Bubble Economy?
C. Eugene Steuerle
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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.
Research Areas Nonprofits and philanthropy Taxes and budgets
Tags Foundations and philanthropy Taxes and business Federal budget and economy