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Racial Equity in Lean Foundations: Trends and Challenges From the 2024 Report

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

Foundation Fundamentals: Tax, Legal, and Administration

Navigating Legal and Financial Compliance Good governance goes beyond best practices—it ensures your foundation meets essential legal and financial requirements. This section outlines key regulations every private foundation must follow, starting with foundation law, IRS requirements, and the 990-PF tax form. You’ll also find guidance on budgeting and critical legal considerations, such as self-dealing restrictions,... Read More

2025 Mid-Year Update: Milestones & Momentum from Exponent Philanthropy

As we reach the halfway point of 2025, we’re reflecting on the momentum you’ve helped build across our network of lean funders. From sharing bold new strategies to navigating uncertainty together, the first half of the year has been marked by connection, learning, and collective action. In this update, we’re excited to share highlights from... Read More

Catalytic Leadership Practices: A Case Study of Philanthropy’s Role in Policy Change

Catalytic Leadership in Philanthropy (CLIP) is a mindset that transforms lean funders from grantmakers into changemakers. Its four core practices—leading with purpose, centering equity, engaging deeply in community, and making long-term, flexible commitments—help funders amplify their impact and drive systemic change. This case study highlights how Michael Weinberg, program director at the Thornburg Foundation, puts these... Read More

What’s New in the 2026 Foundation Operations and Management Report 

Each year, Exponent Philanthropy surveys lean foundations from across the country to identify trends, challenges, and opportunities in philanthropy. The  2026 Foundation Operations & Management Report (FOMR)  provides essential benchmarking data on leadership, governance, grantmaking, and investments, helping funders make informed decisions to maximize their impact.    What’s New in the 2026 FOMR?  This year’s report includes new data to reflect... Read More

Creating Fair, Equitable Relationships in International Grantmaking

The right question is not “What can I do for you?” It is “What can I do with you?” When I worked at the Global Fund for Women (GFW), one of our mantras was, “How we do our work is as important as what we do.” This resulted in a grantmaking program that very deliberately trusted and respected grantees’... Read More