“Deliberate Deployment” or Perpetuity? Questions to Inform Timing Strategies for Philanthropy (Spring 2013)
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For the billionaire philanthropist, conventional wisdom holds that forming a traditional private foundation is the right way to channel those mammoth charitable assets. But a question that new philanthropists should be asked, is: what is the time frame for deploying those assets? Here the author weighs the benefits of the perpetual versus the “deliberate deployment” model. by A. W. “Buzz” Schmidt