Although your grants speak volumes about your identity, your foundation may play other roles that do just as much good—maybe even more. Maybe it’s speaking out about education issues or offering expertise in neighborhood development. How do you find your foundation’s voice? What is your identity? Some large foundations hire consultants at five- and six-figure... Read More
You probably know the feeling. You’ve attended a dynamic conference, read a groundbreaking book, or had an inspiring conversation with a colleague. You know that if you could just get your boss or your board to act on this newfound knowledge, you could make some real changes that result in measurable improvement—either within your own... Read More
The fraught relations between foundations and nonprofit organizations was a hot topic last year. But as I watched the “Medici: Masters of Florence” series on Netflix over the holidays, I was reminded how power for good or bad has always been a dynamic tension in philanthropy. Searching for signs of humility, empathy, and trust Our... Read More
Determining where to spend your foundation’s grant funding is an important, and time-consuming task. This primer is designed to help you set up a proposal review process that meets your foundation’s goals and style and frees up time for you to go into the community and develop your knowledge and insight. In this primer, you’ll... Read More
The major themes and overall lessons learned from the 2008–2009 financial crisis include issues related to the mortgage crisis, to global financial systemic risk, the concept of “too big to fail” and related bailouts, negative impacts of overuse of leverage in investment portfolios, lack of transparency at many levels, lack of appropriate risk management, and... Read More
As would be expected, a foundation’s specific due diligence program (e.g., staffing, expertise, structure, scope) for both investment due diligence and operational due diligence (ODD) will be impacted significantly by the investment model it currently follows (i.e., investment duties managed by foundation board members, internal investment staff, an outsourced chief investment officer, or a mix... Read More