“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
This post is an excerpt from the complimentary resource Essentials of Impact Investing: A Guide for Small-Staffed Foundations, created by Exponent Philanthropy and partners Mission Investors Exchange and Arabella Advisors. Want to align your investments with your mission? Download your copy >> By Jesse Fink, The Fink Family Foundation When my wife, Betsy, and I formed the Betsy and Jesse Fink Foundation [now... Read More
As representatives of grantmaking foundations, I imagine we all feel fortunate to work in a field that is both rewarding and challenging. We have colleagues who are respectful, smart, and devoted to making a difference, and most of us are lucky to have dedicated boards that support our activities. Working for a smaller-staffed foundation also... Read More
Support, aid, assist, champion, encourage… however you put it, to support = to help. This is a subject I’m pretty passionate about. In fact, exceptional client service and support is our top priority here at Foundant, and we hire employees with this in mind. We can always train someone to use our grantmaking software, but... Read More
Your foundation can be extremely imaginative while still keeping its grantmaking straightforward. Or it can take full advantage of the tax code’s flexibility to make grants that are more complicated—and still perfectly legal. Our goal is neither to encourage you to stay simple or to get complicated with your giving, but to help you be aware... Read More