In partnership with the Council on Foundations, the National Center for Family Philanthropy is pleased to release Balancing Purpose, Payout, and Permanence: Strategy Guide.

How much should we spend? This is an essential question for foundations, and one of the most complex, particularly in moments of change or turmoil. This Strategy Guide invites you to reflect more deeply on how your foundation chooses to balance four factors—purpose, conditions and trends, time horizons, and assets for mission—especially in times of greater crisis or opportunity. It leaves the final decision to you, without judgment for your payout amount, lifespan, or mission.

Read more about the strategy guide by Tony Macklin at the National Center for Family Philanthropy.