8 Sep 2026 11:00
Family Foundations & Private Philanthropy: Why Spend-Down Foundations Are Different
Most nonprofits ask foundations for what they think a funder is comfortable giving, not what the mission actually needs to succeed. That gap is costing the sector real impact. This episode pulls back the curtain on how private philanthropy really operates: why 95% of foundation assets sit invested with zero connection to mission, why "private" family foundations are actually funded with public money, and why the polite, small ask has become the norm even when it guarantees failure.
On this week's episode of The Small Nonprofit Podcast, Maria sits down with Glenn Galaich, CEO of the Stupski Foundation and author of Control: Why Big Giving Falls Short, to talk about what happens when a foundation commits to spending down its entire endowment instead of sitting on it.
