As a leadership organization that puts equity at the center and is committed to creating space for reflective conversation, CMF continues to ask the question: Have the market forces and growth in philanthropy—and for CMF, growth in Michigan philanthropy specifically—changed enough to warrant an increase in the 5% rule for private foundations?
In 2020 CMF partnered with the Dorothy A. Johnson Center for Philanthropy and Plante Moran Financial Advisors to deepen and expand past research exploring the 5% payout rate to help answer this question, building on the learnings of previous studies we’ve commissioned over the past 20 years.
An Evaluation of Private Foundation Model Portfolios, Investment Returns, & Payout Rates captures what we believe is the most comprehensive snapshot of payout data available to foundations to date. We value this research as a tool for private foundations in Michigan and across the sector.
Go to Resource
What are the main takeaways or key points from this resource?:
Council of Michigan Foundations
Publication/Event Date:
December, 2020
Is your resource available to the public or only your members?:
Public
Authors(s):
Council of Michigan Foundations
Tags:
Categories: