Q&A's – Exponent Philanthropy

Q&A Archive

Who won the 2025 Outsized Impact Award?

We were honored to recognize Tomás Alvarez III, Trustee at the Grunin Foundation, as this year’s Outsized Impact Award recipient. Across all three finalists, more than 900 votes were cast, reflecting the deep engagement and enthusiasm of our community. For more than two decades, Tomás has advanced equity and well-being through social work, youth development,... 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