News and analysis
August 18, 2015
PREMIUM CONTENT FOR SUBSCRIBERS. SUBSCRIBE TODAY

Bronfman Sheds Light on What Happens When a Foundation Prepares to Close


With the Bronfman Foundation scheduled to shut down in 2016, Charles Bronfman has decided to continue personally funding some grantees even after the foundation closes.

When a foundation decides to spend its way out of business, what happens to the art on the walls? Will the charities it has supported over the years collapse? How many employees will stick around until the last day?

There weren’t easy answers for...

This content is available exclusively to Chronicle subscribers