Q&A's Archive - Exponent Philanthropy

Q&A Archive

How are lean funders partnering with communities to make better funding decisions?

As highlighted in the 2025 Racial Equity in Lean Foundations report, when foundations involve those most affected by an issue, they gain insights that lead to more informed, equitable, and effective funding decisions. Nearly one-quarter (21%) of lean foundations say they involve constituents in their grantmaking—a practice most common among those that see racial equity... Read More

How diverse are lean foundation boards? 

The 2025 Racial Equity in Lean Foundations (REILF) data shows:  58% of boards are made up entirely of White members.  Only 27% of boards include more than one BIPOC member.  Although boards have become somewhat more diverse over time, the majority still do not reflect the racial and ethnic diversity of the communities their foundations... Read More

Can a foundation pay for board meeting expenses with foundation funds? 

Yes. Foundations may use their assets to cover reasonable meeting expenses—such as meals, travel, or lodging—but there are limits: If the entire meeting focuses on charitable activities (like reviewing grant proposals or discussing community needs), these costs can count toward the 5% payout requirement. If any part of the meeting involves investments, that portion of... Read More