As a leanly staffed foundation, you may feel like you’re operating on a tightrope when it comes to cybersecurity. With limited resources and a constant need to focus on your core mission, the thought of investing in robust cyber defenses can seem daunting. However, the reality is that cyber threats pose a significant risk to... Read More
No topic within private foundation rules raises as many questions and concerns as self-dealing. The self-dealing rules prohibit a range of transactions between private foundations and their insiders (called disqualified persons) to ensure that foundation assets are used for charitable purposes rather than private benefit. Common Acts of Self-Dealing The self-dealing rules are broad and... Read More
When funders give general operating support, they help sustain a nonprofit’s mission rather than specific projects. Nonprofits can use these funds to improve their organization in any way they choose, such as adjusting salaries, investing in technology, or improving fundraising efforts. Foundations with few or no staff are especially good at offering this support because... Read More
As a lean foundation with limited staff, the thought of dealing with cybersecurity threats can be daunting. However, the reality is that cyber-attacks pose a significant risk to organizations of all sizes, and lean foundations are no exception. In fact, your lean operations and limited resources may make your foundation an even more appealing target... Read More
Working collaboratively in philanthropy is a powerful tool for funders. Philanthropic collaboration can enhance organizational capacity, keeping lone organizations strong and sustainable over time. Similarly, in a sector where organizations often duplicate services, collaboration can streamline efforts and produce better results. Below are ways funders can support nonprofit collaboration as well as collaborate with other... Read More
How can foundation leaders best advance their focus areas? By developing extensive knowledge and insight. Leanly-staffed foundations hold a wealth of diverse connections with people in their communities, and they can leverage these relationships to gain knowledge and expertise. Insight helps these leaders identify gaps and solutions and address key issues in the smartest ways.... Read More