“We’ve always been interested in young people and their college education,” said Mr. Smyth. While working in Wilmington, DE, he worked with inner-city kids. “That was the real impetus to set up the foundation. When we left Wilmington and retired in Virginia, we decided to create a local scholarship program.” Nelson County, a rural area... Read More
With so many worthy options, how do foundations choose? The key is to find grantees that are right for your foundation—a match for your goals, your strategies, and your tolerance for risk. Start by taking stock For starters, look in the mirror. Is your foundation clear about its goals? Can you articulate your approach to... Read More
To make the time you spend on proposal review even more focused and efficient, it’s essential to invest a little time in preparation. This article describes both how to prepare and how to use a prescreening process—two steps to help you focus time on the proposals that most interest your foundation and be efficient in... Read More
Nowadays, foundations rely on intermediaries to handle much of their grantmaking abroad (in dollar terms). Reputable intermediaries make it their business to meet federal regulations, such as determining the equivalency of a foreign charity and following antiterrorist financing guidelines. Taking care of these requirements eases the administrative burden of foreign grantmaking for U.S. foundations. Through... Read More