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Charles Keidan, Alliance Magazine

Recent Posts by Charles Keidan, Alliance Magazine:

Time to Talk Payouts

The following article is cross-posted with permission from Alliance magazine blog. Based out of the UK, Alliance magazine is the leading global magazine on philanthropy and social investment.

Foundation payouts—how much a foundation spends as a proportion of their assets each year—might sound obscure and esoteric but the reality is anything but that. In the United States and Australia, a minimum payout of 5 percent is required by law, in Canada it’s 3.5 percent, but in the United Kingdom and elsewhere foundations are free, within reason, to spend how much (or little) as they like.