As was previously addressed in the ACBP series blog, there is limited content available on the process of how foundations spend down. Below is a list of financial and operational priorities that we believe are important to consider in the beginning stages of spend down, and to monitor throughout the spend down process.
- Determine when to spend down and how to communicate it.
- Establish staffing and administrative strategies.
- Examine financial strategies.
- Agree on the closing date details
- Determine post-close strategies