March 2018 - Exponent Philanthropy

March 2018 Resources

If my teen daughter travels with me to a seminar to learn about my work as a foundation trustee, may the foundation cover her expenses?

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Private foundations may cover the registration and reasonable travel expenses for family members to attend conferences and education programs relevant to their current or future service, or to attend foundation retreats—if the family member is being trained for service on the foundation board or an advisory committee to the board. Generally, private foundations cannot cover these expenses... Read More

Do you have advice on awarding in-kind gifts?

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It is permissible for a private foundation to donate in-kind gifts to a grantee. The private foundation will use the fair market value of the item for purposes of calculating the distribution amount. That said, there are two basic issues to consider in this situation: Be sure to understand the grantee’s reason for asking for... Read More

How can we streamline our foundation paperwork?

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For a number of ideas, start with our article Ten Ways to Streamline. Then check out our articles that explore in-depth how and why funders right-size their requirements, shorten their applications and reports, streamline their financial due diligence, and even accept proposals written for other funders. Project Streamline, a project of PEAK Grantmaking, is another... Read More

What books are popular among Exponent Philanthropy members?

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We recently asked the Exponent Philanthropy community to share books that have influenced their giving. Here are some of their responses: Inspirational and beautifully written, However Long the Night: Molly Melching’s Journey to Help Millions of African Women and Girls Triumph is a passionate entreaty for all global citizens. This book is published in partnership... Read More