An investment policy statement (IPS) is the starting point and bedrock of a foundation’s investment strategy. It constitutes a road map for how the foundation plans to achieve and support its stated mission and giving goals through its investment strategy. A foundation’s IPS is a guiding force for the organization, so in the beginning, expect... Read More
Program related investments (PRI) are loans, loan guarantees, or other types of investments made by a foundation to support a charitable purpose. They’re also a powerful and flexible tool to add to your foundation’s toolkit. A PRI can count toward a foundation’s distribution requirement if it meets the following federal criteria: They serve a charitable... Read More
Choosing which of the many worthy causes to fund is difficult, which begs the question: How bad is it to give to multiple good causes? The answer: Not bad at all. However, when we approach charitable giving another way—How can we achieve the most with our resources?—the answer is different. That’s because getting focused is... Read More
What’s on the agenda for your board this year? Are you covering the bases of good governance? Maintaining a checklist of annual to-dos can be an easy way to keep your foundation up to date and on-track. A checklist for your board can serve as a reminder of your legal obligations and governance best practices.... Read More
The Outsized Impact Award honors an individual at an Exponent Philanthropy member organization whose style of philanthropy is achieving outsized (or greater than expected) impact. Read the wonderful stories of the 2022 finalists. Danyelle O’HaraMortenson Family Foundation (Minneapolis, Minnesota) As the community relationship officer at the Mortenson Family Foundation, Danyelle O’Hara is centering community in the foundation’s decision-making. Danyelle... Read More
“Philanthropy relies on the amassed wealth of families and institutions that have benefited from systemic racism. As a result, the institution has a power imbalance in where funds go and what organizations and initiatives receive support,” said Maya Pendleton and Juanita Gallion of The Center for the Study of Social Policy in an Exponent Philanthropy... Read More