Auf wiedersehen to a foundation
Howard Lake | 29 October 2009 | Blogs
The demise of a grantmaking trust is not usually a good sign, but the imminent closure of the Anglo-German Foundation is indeed a positive development.
After thirty six years of grantmaking, during which it made over 1,000 project grants, ran 400 networking events, and created 600 publications, the foundation will close its doors on 4 December 2009 because it has achieved the objectives for which it was established.
Indeed, the decision was taken back in 2004, when the Trustees “decided to devote the remaining assets to one final major project designed to set the seal on its work to date.”
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This approach should apply to all charities and grantmakers. Few of course are in the position to work themselves out of a job, but for those that can, this is the right approach.
www.agf.org.uk/mailings/aufwiedersehen.html
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.