Exponent Philanthropy has released the fourth edition of its Racial Equity in Lean Foundations report, the most comprehensive version to date. The publication is based on survey data from over 300 lean foundations and qualitative interviews with more than 25 foundations, consultants, and nonprofits, offering insights into how lean funders are advancing equity. For the... Read More
Some philanthropists decide to operate in the public realm early on. But others go public at some point over time, often when they feel compelled to act. However it emerges, going public can be a pivotal transition point and a bold act of leadership. The Troy Savings Bank Charitable Foundation quietly awarded grants in the area... Read More
In an interview with Andrea Pactor of Women’s Philanthropy Institute, Exponent Philanthropy member Jane Leighty Justis, board chair of The Leighty Foundation, describes steps she and the foundation leadership are taking to educate and engage the foundation’s next generations. When Ike Leighty was in his 60s, he and a partner began a small manufacturing business.... Read More
It’s common for Exponent Philanthropy members who’ve made significant impact to reflect back and say, “Money wasn’t the most important thing. It was really about being a catalyst, making things happen.” Philanthropy is more than transferring money. It’s about using passion, knowledge, connections, advocacy, and dollars to make change on important issues. Central to success... Read More
Our goal is to make the McElroy Trust the easiest place to seek funding for good ideas. It’s not the easiest place to get a “yes,” because we see a lot of proposals, ask hard questions, and have high standards. But we try to never make a grantseeker jump through hoops. I estimate that changes... Read More
Some years ago, when Jacques Chirac was still president of France, the U.S. State Department asked me to meet with Chirac’s advisor on domestic affairs. She had completed a national tour of institutions of American voluntarism. I was the last stop on her tour, her opportunity to debrief. Her leading question to me was, “How... Read More