Can you share a harassment and discrimination policy sample?
Yes, see our Harassment and Discrimination Policy sample document. Read More
Q&A Archive
We’re considering setting up a scholarship program. Got any tips?
Private foundations that want to have a scholarship program—and do the work of publicizing the program, reviewing applications, choosing winners, and monitoring awards—must get prior approval from the Internal Revenue Service. This one-time review ensures that you award scholarships (or other grants for study, travel, or similar purposes) in an objective, nondiscriminatory way. Without IRS... Read More
How can I tell if there are red flags in a nonprofit’s financials?
You can spot red flags in a nonprofit’s financial statements, Form 990, or through conversation. Here’s what to look for: Financial Statement Red Flags: Decline in annual revenue or net assets Increase in receivables or recurring operating deficits Trend of lower reserve balances or frequent cash flow issues Heavy reliance on restricted income within the... Read More
What are some barriers to building strong relationships with grantees?
While many funders seek to build strong relationships with their grantees, sometimes barriers prevent them from doing so. One of the biggest barriers funders cited is failing to acknowledge the power dynamic between funders and grantees. In an Exponent Philanthropy blog post, Lori Heninger described how this power imbalance works: “There is a power imbalance... Read More
Why should I address succession now?
Succession tops the list of what keeps foundations up at night, yet many are reluctant to tackle the issue. Addressing succession early on has a number of benefits: It’s important to pass organizational strengths to future leaders while senior board members are still active. Disputes over mission, the pressure of geographic dispersal, uneven competencies and... Read More
What assets do small-staffed funders bring to policy work?
Small-staffed funders draw on many assets besides money to advance issues in the policy arena: Human assets. Consider the creativity, passion and resourcefulness of founders, trustees, family and staff. Freedom to focus on an issue and persevere over the long term. Philanthropists have the freedom to “go deep” on an issue and commit. Most problems... Read More