Thirteen years ago, my parents sold their telecommunications company and started a private foundation. Their earliest motivations were to avert taxes from the sale and safeguard my two brothers and me from inheriting wealth that would deter us from working for a living. For the first 7 years, on December 27, we gathered for a... Read More
Filing Form 990-PF can feel like a daunting task, but with the right preparation, it doesn’t have to be overwhelming. Whether you’re managing the filing process yourself or working with a professional, staying organized throughout the year will save time and reduce stress. This guide will walk you through how to categorize expenses, keep essential... Read More
The following is an excerpt from Foundant’s publication “On Philanthropy: What’s Changed in the Past Decade and What It Means for the Sector,” a product of its 2017 survey of its grantmaking and grantseeking clients. Read the full article and many others at the Foundant Philanthropy Experience site. By Sharmila Rao Thakkar Ten years ago... Read More
Each year, Exponent Philanthropy surveys lean foundations from across the country to identify trends, challenges, and opportunities in philanthropy. The 2025 Foundation Operations & Management Report (FOMR) provides essential benchmarking data on leadership, governance, grantmaking, and investments, helping funders make informed decisions to maximize their impact. This year’s findings highlight evolving leadership approaches, increased flexible... Read More
At Exponent Philanthropy, we believe lean foundations can drive significant change through thoughtful strategies and meaningful community engagement. Malcolm MacLeod, board chair of the Johnson Scholarship Foundation, recently shared how his foundation has embraced these practices to achieve transformative outcomes. He discusses this in depth on a recent episode of The Catalytic Podcast: Supercharging Impact:... Read More
Philanthropy is constantly evolving. Pressing issues and major political, economic, and technological shifts push funders to reassess their approach. Some lean funders—those with few or no staff—stand out by centering their giving on authentic relationships with grantees and community members. Exponent Philanthropy calls this approach Catalytic Leadership in Philanthropy (CLIP), a mindset and practice that... Read More