“Whatever may be said about human beings, they are, as a whole, a family.” Our co-founder, Helene Foellinger, stated this publicly in 1954 and cast the vision for the foundation she and her mother would create four years later. They believed that, as individuals and a community, we have a duty to uplift each other... Read More
In the first blog in this 3-part series, Fran Sykes reflected on how her board’s decision to sunset spurred the foundation to stretch and expand its vision, and try to establish a legacy in its limited time. In this blog, Fran describes their plans and assumptions, and how their path took them into new territory.... Read More
Kelly is a foundation trustee who, during a recent review of the foundation’s investment portfolio, learned that income generated by the portfolio was not enough to fund the foundation’s charitable activities—the required 5% annual distribution. Although the portfolio’s returns were good, cash flow was an issue. Kelly wondered about a conservative way to generate cash... Read More
When most people think of foundations, they think of deep pockets. That’s understandable, since the popular public perception of philanthropy has been shaped by the creation of multimillion-dollar foundations by titans of old, and enforced by the glamour of new foundations launched to much fanfare by today’s billionaires. In rural communities, the creation of big-dollar... Read More
Foundations play a critical role in advancing equity and addressing disparities in our society. One key practice that foundations are increasingly adopting is the collection and use of disaggregated data. Disaggregated data refers to the separation of compiled information into smaller units based on various characteristics such as age, sex, geographic area, education, ethnicity, or... Read More
Imagine the benefit to society—and to funders—if nonprofits generated income, operating with the efficient, effective practices that are necessary to do so? Stronger operating models. More money to drive mission. More people served. More philanthropic dollars available in the community. This has been our experience after working with nonprofit organizations on plans to generate mission-related... Read More