Foundations typically approach most grants as a team sport, debating their merits and deciding, collectively, whether they’re likely to achieve the foundation’s goals. However, in addition to granting as a group, some foundations give their board and/or family members a portion of funds to donate as individuals. This practice, called discretionary grantmaking, is legally permitted... Read More
People sometimes compare the foundation/grantseeker courtship to the dating process: Funders and grantseekers are looking to find each other and build long-term relationships. Sometimes the chemistry is there; other times, it isn’t. Rejection is an inevitable part of this process, so learning to say no politely and confidently is an essential skill. That said, let’s be... Read More
Despite the growing number of youth philanthropy programs in the United States, a 2002 survey found that “only 48 percent of adults believe it is important to seek young people’s opinions when making decisions that affect them.” As Katie Richards-Schuster, a professor at University of Michigan stated in 2012, “In general, American society, through its policies and practices, tends to... Read More
How does a nonprofit organization operate effective programs and also run a successful social enterprise? How does its enterprise generate both earned revenue and significant benefits to the organization’s target population? Balancing these two goals is harder than it looks, requiring adept leadership that is mission-focused and skilled in resource management and clear messaging. Some... Read More
I work for a foundation that is modestly young in the national grantmaking sector. At about four years into its current field, we can’t quite say we’re the new kid on the block anymore, but we’ve certainly seen a rapid amount of structural change since we first launched. Transitioning from a scholarship fund to an... Read More
Responding to dramatic changes in public policy in 2017, many foundation leaders have tailored their strategies and tactics in continued pursuit of their missions. Armed with clear focus, experience, and strong networks, these foundations are modeling good philanthropic practice that is worth noticing. Recently, dozens of funders gathered at Associated Grant Makers (AGM) to discuss... Read More