The law requires very little when making grants to most domestic public charities. Other than knowing a grantee’s tax status—your foundation has a great deal of flexibility. However, I regularly encounter funders, foundation staff and professional advisors who do not know this. What the Law Requires When Making Grants A few years ago, Project Streamline... Read More
What is a net grant and why does it matter? Well, time is money and grantees incur costs while applying for grants. For instance, think about how long it could take a nonprofit to customize their financial documents to your specifications, and language to your unique questions and formatting. According to Project Streamline, nonprofits can... Read More
There is no one path to having a career in leanly staffed foundations, as they operate in almost every locale in the nation. Still, there are qualities, skills and experiences that prepare people to effectively manage small foundation operations, engage boards, and leverage resources for impact. Patterns in Hiring First, let’s look at some career... Read More
This post originally appeared on Blackbaud’s sgENGAGE blog. When smaller, place-based foundations collaborate and align their work, they provide unique value to local communities and nonprofits. Still, many foundations shy away from working together, assuming it will require considerable time and a loss of independence. Funder collaboration need not be burdensome. Nor does it require... Read More
When we strip away the messaging and maneuvering in politics, it’s clear that governments and foundations across the country often seek common goals. Among these are: Strengthening education and vocational training Increasing access to childcare and healthcare Creating jobs and new businesses Safeguarding the environment Unfortunately, government and foundations tend to operate in silos. They... Read More
Power is taboo. We’re uncomfortable that some wield greater strength and influence, and use it to hold sway over others. In spite of our laws and regulations, our checks and balances, our moral and social norms nurturing restraint and respect, people use power to bend rules; exclude and disenfranchise; distort facts and disseminate misinformation; manufacture... Read More