Oxford University Press's
Academic Insights for the Thinking World

  • Author: Dana Brakman Reiser

An extinction event for foundations?

Private foundations – the legal entities that have funded social innovations as diverse as breakthrough civil rights litigation and the development of the 911 emergency response system – may be nearing an end. This is certainly not because they have spent down their endowments; the largest still contain billions of dollars and as of 2014 independent and family foundation endowments still contained over $700 billion in assets.

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