Spend Down / As part of its spend down, ACBP has already ceased many of its operations. During 2016, ACBP will not entertain requests for new grants. Instead, during 2016, ACBP will limit itself to satisfying its previous grant commitments and other prior obligations, including monitoring each grantee’s use of the funds. As more and more founders and boards are considering time limitations rather than perpetuity as a strategy, we believe we owe the field a full and honest reporting of the range of issues we have confronted both in making this decision and in its implementation. Learn More