Atlantic Insights: Giving While Living

Atlantic Insights: Giving While Living

The decision to make Atlantic Philanthropies a limited-life foundation is a reflection of founder Chuck Feeney's interest in doing things quickly, making a difference within a relatively short period of time, and having something tangible to show for it, a publication from the foundation finds. Atlantic Insights: Giving While Living (56 pages, PDF) explores Atlantic Philanthropies Feeny's long-held belief that the wealthy should use their fortunes during their lifetimes to help others, outlines the evolution of his philanthropic thinking and the board's decision to adopt a "limited life" approach, and features others who have made that decision. Feeney's approach to philanthropy included doing his own research on places to which he felt a connection and around issues that he believed in deeply, investing sufficiently large sums of money to ensure maximum results sooner rather than later, and applying lessons learned to future giving. According to the report, Feeney also believes that wealthy individuals with an interest in philanthropy should start early so that they can learn from their mistakes and boost the impact of their giving over time.