Q&A's Archive - Page 27 of 41 - Exponent Philanthropy

Q&A Archive

How do small funders monitor international grantees?

Although travel costs may prohibit international site visits, many alternatives exist that make due diligence and grant tracking affordable and effective. Intermediary organizations, which are U.S.-based public charities with contacts abroad, focus on providing domestic donors with photos, videos, and electronic reports that keep them in the know from across the globe. Peer funders also... Read More

What are the pros and cons of discretionary grantmaking?

Discretionary grantmaking is the practice of allowing board members and, in some cases, committee members, family members, or staff to direct a portion of grantmaking dollars to organizations of their choice. Foundations use discretionary grants in a variety of ways and for many reasons. Read considerations when creating a discretionary grantmaking policy >> Read additional... Read More

Does our foundation need a mission statement?

A mission statement is a short, written declaration about why you are engaging in philanthropy or, if your giving structure is a foundation, why the foundation exists. Mission statements are powerful because they are heartfelt, simple, and easily communicated. A mission can help you: Make the best use of your resources by focusing grants and activity on... Read More