Foundations were required to give way more than they do now. Why did that change?
The history behind the calls for foundations to spend more
Why It Matters
The Give5 movement and others in the philanthropic sector are calling on foundations to majorly up their disbursement — which could unlock hundreds of millions of dollars for charities. But years ago, what Give5 is calling for was the legally mandated minimum. Why did it change? There’s a long history behind the disbursement rules, and big questions about whether they’re still relevant today.
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