AVI CHAI Releases Latest Spenddown Report
The AVI CHAI Foundation has released the year five report on the Foundation’s spenddown.
Professor Joel l. Fleishman, the report’s author, writes in the introduction:
“In 2004, following the strongly implied wishes of its donor, who died in 1999, the Foundation’s Board of Trustees decided, and then announced in 2005, that it would expend its full endowment and cease operations within a fixed period of time. These reports describe the process by which AVI CHAI has planned and carried out its grantmaking so as to achieve significant, lasting objectives in the time remaining and leave its grantees stronger and more fully equipped to carry on the parts of their mission that the Foundation has supported.
Like its four predecessors, this account is based on interviews and a review of the Foundation’s records.”
The report, “Sunset Approaching More Rapidly than it Seems” is available for download.