DONORSTRUST STATEMENT ON PASSING OF PHILANTHROPIC LEGEND FOSTER FRIESS
Washington, DC
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May 28, 2021 01:15 PM Eastern Daylight Time
The team at DonorsTrust, a donor advised fund committed to encouraging philanthropic giving and protecting donor intent, was saddened to learn of the passing of Foster Friess. The organization issued the following statements and condolences to his family and many friends:
Foster Friess knew that generosity compounds. Never without a smile, a kind word, or a joke, he lived out his faith and his principles through his exceptional philanthropic giving. That giving only grew as the years passed. We are saddened to hear of his passing. He will be greatly missed but know that the impact of his life will no doubt continue to benefit generations to come.
“Foster was someone I greatly admire,” stated DonorsTrust CEO Lawson Bader. “He was a charitable guy who aligned his giving with his principles. More importantly, his legacy will be one of great philanthropy and that is always worth celebrating.”
“Foster Friess was one of the kindest men I ever had the privilege to cross paths with, and perhaps the happiest,” stated Peter Lipsett, Vice President of DonorsTrust. “I saw him just last month at an event. He was in high spirits and still so upbeat about life and clear on his purpose. He will be missed.”
It is estimated that Foster Friess and his family gave away more than half a billion dollars to various causes, helping people and advancing liberty. He gave with purpose and passion making positive differences in the lives of many – an amazing example the power of philanthropic giving.
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Established in 1999 as a 501(c)(3) public charity, DonorsTrust is a community of donors devoted to creating a better future. Our donors support charities they believe protect our Nation’s constitutional liberties and strengthen civil society through private institutions rather than with government programs. Our boutique size lets us offer our donors personal attention and advice that helps them achieve their philanthropic goals. We ensure that our donors’ intentions are protected and offer them a simple, effective and tax-advantaged way to give. Since inception, DonorsTrust has granted out over $1.5 billion to over 4,000 charities that protect our constitutional liberties and strengthen civil society without government funding.
Contact Details
Dan Rene
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