Atlantic Philanthropies
Private philanthropic foundation / From Wikipedia, the free encyclopedia
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The Atlantic Philanthropies (AP) was a private foundation created in 1982 by American businessman Chuck Feeney. The Atlantic Philanthropies focused its giving on health, social, and politically left-leaning public policy causes in Australia, Bermuda, Ireland, South Africa, the United States and Vietnam.[3] It was among the largest foreign charitable donors in each of the countries in which it operated,[4] and was the single largest funder of programs that encouraged the civic engagement of older people and of comprehensive immigration reform in the United States.[5][6] With the single largest advocacy grant ever made by a foundation, the Atlantic Philanthropies committed $27 million to win passage of the Affordable Care Act in the United States. About half of the Atlantic Philanthropies' grants were made in donations that allow lobbying.[3]
Founded | 1982 (1982) |
---|---|
Founder | Chuck Feeney |
Dissolved | September 14, 2020 (2020-09-14) |
Focus | Ageing, youth, human rights, poverty, progressive advocacy[1] |
Method | Grantmaking |
Key people | Christopher Oechsli (President and CEO) Martin O'Brien (Senior Vice President of Programmes) |
Endowment | $1.4 billion (2012)[2] |
Website | www |
The Atlantic Philanthropies commenced a spend-down process in 2012, and planned to fully close down by 2020 after the remaining portion of Feeney's fortune was donated.[2][7][8] On September 14, 2020, Feeney signed the documents to officially close the nonprofit in an online ceremony that included a congratulatory video message from Bill Gates.[9]