This post originally appeared on the Foundation Source blog. Many private foundations fund specific organizations multiple times over several grantmaking cycles. Doing so can help continue a particular charitable program or project, or simply provide a subsequent round of general operating support. As organizations seeking continued support (“returning grantees”) are viewed in a different light than first-time... Read More
A common theme on Exponent’s Catalytic Philanthropy Podcast is leanly staffed foundations’ unique ability to catalyze systems change in ways other entities cannot. Lean foundations can assume more risk, focus on specific issues, and concentrate on distinct locations. Their capacity to convene, advocate, and fund grassroots movements gives them a dynamic edge. We often think... Read More
It’s often said that family and money don’t mix well. However, I would challenge the notion—I literally wrote the book, A Passion for Giving, on the topic, providing practical guidelines to leverage family wealth for impactful philanthropy. Giving is not just good for the world, but also integral to nurturing healthy family dynamics—and may even... Read More
Multiyear funding—support that funders commit up-front for multiple years—is a key to strengthening nonprofit effectiveness, capacity, and impact. These grants guarantee income streams, lessening the time grantees need to fundraise so they can better carry out their missions. When many foundations are cutting grant budgets and reducing their number of grantees, committing scarce funds for... Read More
In 2022, the United States experienced historically high inflation rates. This took a toll on communities, nonprofits, and foundations alike. Inflation significantly impacted funders and altered the ways they approached grantmaking, grantees, and staff compensation. Some foundations even considered modifying their investment strategies to keep pace with rampant inflation. We compiled this information in our... Read More
This post originally appeared on GMA Foundations’ blog. Organizational budget size is a favorite proxy indicator in philanthropy. Donors use rules of thumb to streamline grantmaking due diligence, but generalizations are imperfect. Using organizational budget size as a proxy indicator can reinforce funding inequities and lead to lost opportunity. Here are a few ways to... Read More