The Social Investment: Coming Full Circle
Through the philanthropic foundation he established in 1917, E.K.
Warren acted on his vision to help create a better world for future generations. Today, The Warren Featherbone Foundation seeks to expand that
vision by establishing new methods for everyday people to engage in
philanthropy.
Democratizing Philanthropy
As the 401K Plans have allowed Americans to prepare for
retirement via investments in the stock market, the Foundation has conceived the “401P”, or
Personal Philanthropy Accounts. These 401P accounts will provide an opportunity for everyone
to participate in philanthropy through their employers or individually, and in so doing, help
them build legacies and tell their family stories to future generations.
Congress is now considering legislation designed to amend the IRS tax code to allow the creation
of Personal Philanthropy Accounts. The bill HR 2534, introduced by Congressman Nathan Deal of Georgia, is known as the Personal
Philanthropy Account Act of 2005. If you would like to be a part of our effort
to democratize philanthropy, you can help us by contacting your representatives in Congress
and encouraging passage of this important bill.
“Children are living messages we send to a time we will not see.”
Ultimately, The Warren Featherbone Foundation is about hope
for the future. For us to ensure that we create a better world for future generations we must invest in our communities today so that our
children and their descendents can look hopefully to the future.
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