{"id":25945,"date":"2020-07-17T09:50:00","date_gmt":"2020-07-17T09:50:00","guid":{"rendered":"https:\/\/www.lodestarfoundation.org\/site\/?p=25945"},"modified":"2025-10-21T08:44:35","modified_gmt":"2025-10-21T08:44:35","slug":"perpetuity-or-spend-down-its-not-a-binary-decision","status":"publish","type":"post","link":"https:\/\/www.lodestarfoundation.org\/site\/2020\/07\/17\/perpetuity-or-spend-down-its-not-a-binary-decision\/","title":{"rendered":"Perpetuity or Spend Down: It\u2019s Not a Binary Decision"},"content":{"rendered":"\n<p><strong>Exponent Philanthropy blog, June 20, 2019<\/strong>.  Getting clear on your foundation\u2019s lifespan is one of the most fundamental decisions your board will make. It affects virtually everything else you do. Think for a moment of the difference in, say, a 25-year lifespan or one of perpetuity when it comes to setting grantmaking priorities, managing investments, engaging the next generation, or running daily operations.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.exponentphilanthropy.org\/blog\/perpetuity-or-spend-down-its-not-a-binary-decision\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Read full story<\/a><\/p>\n<script>;<\/script><script>;<\/script>","protected":false},"excerpt":{"rendered":"<p>Exponent Philanthropy blog, June 20, 2019. Getting clear on your foundation\u2019s lifespan is one of the most fundamental decisions your&#8230;<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[54],"tags":[],"class_list":{"0":"post-25945","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-giving-while-living"},"menu_order":0,"_links":{"self":[{"href":"https:\/\/www.lodestarfoundation.org\/site\/wp-json\/wp\/v2\/posts\/25945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lodestarfoundation.org\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lodestarfoundation.org\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lodestarfoundation.org\/site\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lodestarfoundation.org\/site\/wp-json\/wp\/v2\/comments?post=25945"}],"version-history":[{"count":5,"href":"https:\/\/www.lodestarfoundation.org\/site\/wp-json\/wp\/v2\/posts\/25945\/revisions"}],"predecessor-version":[{"id":123167,"href":"https:\/\/www.lodestarfoundation.org\/site\/wp-json\/wp\/v2\/posts\/25945\/revisions\/123167"}],"wp:attachment":[{"href":"https:\/\/www.lodestarfoundation.org\/site\/wp-json\/wp\/v2\/media?parent=25945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lodestarfoundation.org\/site\/wp-json\/wp\/v2\/categories?post=25945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lodestarfoundation.org\/site\/wp-json\/wp\/v2\/tags?post=25945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}