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Typically, major foundations planning to end their support of programs provide money known as "tie-off grants" over two or three years to allow organizations to find new supporters.
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A dozen foundations plan to announce this week that they are investing $506 million, a portion of which is for a matching fund for the $650 million federal grant program, called Investing in Innovation.
Like the Beldon Fund, about 12percentt of other family foundations plan to close their doors at some time, and an additional 25percentt are undecided about the issue, according to a study by the Foundation Center, a chief authority on philanthropies.
Donors gave $8.4 million last year to the foundation planning former President Bill Clinton's presidential library, documents released today indicated.
The foundation plans a necroscopy this weekend to determine the cause of death.
"Very exciting!" The foundation plans to announce the grant recipients this month.
Initially, the foundation planned to stage a rescue from Christchurch, New Zealand.
The foundation plans to issue an updated version of its 2007 economic study that helped doom the overhaul.
He said the foundation planned to begin its search in North Carolina and eventually expand throughout the United States.
The foundation plans to announce the program and hand out checks at a reception in Manhattan next Wednesday.
The foundation plans to finance N. Y. recitals by avant-garde musicians, dancers, & other needy practitioners of the performing arts.
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