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Rethinking the Spend-Down Debate: Mission First, Timeline Second

Bill Gates’s May 2025 announcement that his foundation will spend its $200 billion endowment by 2045 reignites a long-running question in philanthropy: whether to exist in perpetuity or spend down […] The post Rethinking the Spend-Down Debate: Mission First, Timeline SecondTracy McFerrin Founder and Principal, Credo AdvisorsBen Zeno appeared first on The Center for Effective Philanthropy.
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The Center for Effective Philanthropy broke the news in on Tuesday, March 31, 2026.
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