“If you cannot measure it, you cannot improve it.” (Lord Kelvin) As part of their day-to-day operations, many nonprofits automatically collect data, like clients served and services provided. Whether they realize it or not, these represent a wealth of valuable data that could be leveraged to solve today’s pressing societal issues. This information could be... Read More
Foundation surveys often ask if the foundation is operating with a limited life span, or in perpetuity. The choice is typically presented as a binary one: Did you set a time limit, or are you going to be around for eternity? There is a third choice, however, if perpetuity is not mandated in the foundation’s... Read More
At some point in our life and work, we ask ourselves, Is there more to know? Is there more to experience? Is there more impact or change we can make? It’s not that we’re ungrateful for what we have. It’s that we get restless, frustrated, fatigued. We heard somewhere that philanthropy was about taking risks,... Read More
Exponent Philanthropy recently revised The Foundation Guidebook, our signature publication for those new to foundations or philanthropy. Below is an excerpt from the 128-page resource. Get your copy >> Many foundations use a combination of methods to settle on a focus. Once you consider the approaches that follow, it is important to recognize when you may... Read More
“When we first came to you, all we had was an idea. Blackstone’s early support for the climate/forests idea helped to precipitate a vast wave of organizational, scientific, and programmatic activity that has culminated in placing it at the top of the international agenda.” Jan Hartke, Partnership Director of the Clinton Foundation, 2011 Blackstone Ranch... Read More
For funders, especially private foundations, the federal tax rules governing supporting organizations can be important. Grants by private foundations to certain types of supporting organizations are subject to expenditure responsibility and may not be counted toward the private foundation’s annual 5% minimum distribution requirement. The complexity of the rules governing supporting organizations, updated on February... Read More