“When philanthropy partners, communities prosper.” This theme resounded throughout our 2023 Annual Conference, where members from all 50 states and every type of community gathered with 500+ peers in Baltimore’s Inner Harbor to learn and make meaningful connections. Here are some highlights from the event: Creating Lasting Impact In our opening plenary, Wizipan Little Elk Garriott,... Read More
As a leanly staffed foundation, you may feel like you’re operating on a tightrope when it comes to cybersecurity. With limited resources and a constant need to focus on your core mission, the thought of investing in robust cyber defenses can seem daunting. However, the reality is that cyber threats pose a significant risk to... Read More
For foundations and nonprofits alike, the grant application process can be a time-consuming hurdle. Nonprofits often dedicate significant resources to crafting applications, while foundations juggle evaluating numerous proposals, many of which may not align with their goals. A well-designed application process ensures your foundation receives the information it needs while respecting applicants’ time and resources.... Read More
Investments: Managing Foundation Assets for Greater Impact Imagine a foundation with $10 million in assets. To meet the 5% distribution requirement, it must allocate $500,000 annually. While foundations carefully manage their grant distributions, what happens to the remaining $9.5 million? This section explores how foundations manage investments, including oversight responsibilities and key fiduciary principles. Smart... Read More
For those of us in philanthropy, AI can feel like both a buzzword and a black hole. But as more tools emerge, it’s worth considering how we might approach them thoughtfully. Like so many others, we at the Farash Foundation have been cautiously exploring artificial intelligence. Our curiosity isn’t just about generating goofy images or... Read More
Philanthropy doesn’t always have to be big to be bold. Sometimes, the most powerful change starts with a small, timely investment. Seed grants are often the first spark that allows a nonprofit to test an idea, take a risk, or prove a concept. They’re not about guaranteeing success, but rather creating the conditions for innovation.... Read More