Russell Investments has long been interested in whether it is realistic for private, non-operating foundations to expect to be able to preserve real capital and simultaneously meet the IRS’s minimum spending requirement of 5% per annum on qualifying distributions. This research report first explored this subject in 2004 and then revisited this topic in 2009 and again in 2012.

This latest research report discusses:

  • Spending 5% while maintaining purchasing power may not be a realistic expectation
  • Alternative actions to improve the likelihood of meeting goals
  • Fundraising and re-examining goals to balance the needs of tomorrow with those of today

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