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Permanence: What does it mean for a gift to last?
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Some donors want their gift to endure for generations. Others want to put their money to work now and create change that lasts long after the funding itself has been spent.
In this conversation, Katrina Hancock and Simon Pennington explore what permanence means in philanthropy, from endowed scholarships, posts and buildings to shorter-term gifts intended to create lasting change. They consider how a donor’s motivations can shape not only the gift itself, but the way it is discussed, structured and stewarded.
They also look at the choices facing donors and institutions…
The skinny
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