Joe Mabel [CC BY-SA 3.0], via Wikimedia Commons

June 10, 2019; Seattle Times

The Bullitt Foundation, a Seattle-based funder of environmental nonprofits, has announced it will make its final grants by 2024. After 2024, the foundation will continue to manage the Bullitt Center, its six-story, 45,0000-square-foot, sustainably designed office building, providing office space to regional environmental groups in perpetuity at a reduced rate. (NPQ reported on the plans for the building back in 2011.)

Before we go any further, however, we would like to reintroduce readers to an excellent article by Buzz Schmidt on how to determine the best lifespan of your foundation. In it, he suggests this decision