This spring in Minneapolis, a group of funders met at the Minneapolis Jewish Federation to learn about updates to their grants management software and step back to think about their impact. As we started to talk about impact, I was asked the two questions I hear in almost every discussion on the subject: What is... Read More
Getting clear on your foundation’s lifespan is one of the most fundamental decisions your board will make. It affects virtually everything else you do. Think for a moment of the difference in, say, a 25-year lifespan or one of perpetuity when it comes to setting grantmaking priorities, managing investments, engaging the next generation, or running... Read More
Grantmakers are known for asking questions. We ask our nonprofit applicants to tell us about their mission, programs, budgets, and ability to sustain the programs that we fund. We also try to understand the challenges they face and the plans to overcome those challenges. Sometimes, however, we can learn even more by listening to the questions they... Read More