A leadership succession plan is an essential source of guidance, and a commitment to organizational stability, when foundation transitions occur. Specifically, this written document identifies a course of action for when key leaders depart, whether planned or unplanned, permanent or temporary. To illustrate, consider what happened to one of our members: “Our foundation had succession... 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
As a co-founder of Impact100 Philadelphia with my colleague Beth Dahle, I have worked in collective giving for the past 14 years. That means: Thinking about member recruitment, engagement and management This year, we have 454 women members who joined to have their individual donations pooled into our larger collective grants to nonprofits in the... Read More
For the past 30 years, I have had the privilege of working in leadership positions at nonprofit organizations from local through international regions. I also have worked as a consultant for nonprofits doing strategic planning, staff and board development, and fundraising. I know firsthand what it’s like to run programs, engage in advocacy, and have... Read More
The Presser Foundation is the only foundation dedicated solely to funding music organizations in the Greater Philadelphia region. Its holistic approach to grantmaking also makes it unique among funders. The foundation gives to music organizations through special projects, general operating support, and capital support grants. At the same time, it supports music students through undergraduate... 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