How to spend $200 billion
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How to spend $200 billion
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About this listen
At a time when nonprofits are feeling attacked and experiencing funding cuts, The Gates Foundation is demonstrating how philanthropy can lead. They recently announced that they will spend down their $200 billion endowment over the next 20 years and close the organization by 2045. This episode discusses this huge announcement and how other philanthropists and donor-advised fundholders (DAFs) can follow their lead and support nonprofits during these difficult times.
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