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2017 William E. Simon Forum on Philanthropy and Social Entrepreneurship

Tue, Mar 21, 2017 New York City

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Manhattan Institute

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2017 William E. Simon Forum on Philanthropy and Social Entrepreneurship

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Forum

2017 William E. Simon Forum on Philanthropy and Social Entrepreneurship

New York City 06:00pm—07:30pm
Tuesday March 21
Tuesday March 21 2017
PAST EVENT Tuesday March 21 2017

Over time many large U.S. charitable foundations have drifted away from their founders' original missions. To combat this phenomenon, a growing number of foundations are adopting "sunset provisions," which mandate that the foundation disburse its assets and suspend operations by a specified date.

In a new report, Howard Husock, MI vice president for research and publications, finds that conservative public-policy foundations have vastly fewer resources than their liberal counterparts, though both are sunsetting in similar numbers. What are the implications of this trend for charitable giving and political activism? More broadly, do sunset provisions help American philanthropy by discouraging "mission drift"? Or do they hurt it, by encouraging foundations to spend hastily—and unwisely?

On March 21, 2017, William E. Simon Forum on Philanthropy and Social Entrepreneurship hosted a panel to discuss these questions and more.

Roundtable

Edwin Feulner, founding Trustee and former President, Heritage Foundation

Heather Higgins, President, Randolph Foundation

James Piereson, President, William E. Simon Foundation

Moderator: Howard Husock, Vice President, Research & Publications, MI

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212-599-7000
communications@manhattan-institute.org

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