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Key Insights From the 2022 Foundation Operations and Management Report

Exponent Philanthropy’s 2022 Foundation Operations and Management Report (FOMR) continues to offer mission-critical statistics about member foundations’ boards and governance, investments, administration (including salary and benefits), and grantmaking. Thank you to the 400+ members who participated in the 2021 survey informing this report. Below are some of its interesting and exciting findings. However, we encourage... Read More

How a Diversity Focus Changed One Foundation’s Board

Over 20 years ago, the Anna B. Stearns Charitable Foundation launched its Girls’ Initiative to amplify support for women and girls. More recently, the foundation’s board, historically mostly women, expanded its equity and inclusion focus to include race and culture for both grantmaking and board composition. Leadership sees its own diversity as essential to driving... Read More

Let’s Be Candid About Board Succession Planning

Joe Wilson, founder of the Xerox Corporation, and his wife, Peggy, formed the Wilson Foundation in 1963. A few years ago, we engaged in strategic planning to revisit our giving priorities. At the time, our board had 24 members that spanned three generations, and were spread across the country. In order to achieve our impact... Read More

Preventing Wire Fraud at Foundations and Family Offices

Wire fraud is a daily danger. Cyber-security filters may stop 90%+ of attempts, but some still get through. For international clients, efforts are especially focused when US, European and Asian bank holidays are out of sync. Scammers want to prevent you from verbally verifying a wire request, since the requester’s office is closed. Here are other... Read More

7 Types of Successful Philanthropists

Understanding the type of funder you are—and matching with like-minded nonprofit leaders—is one of the most important building blocks to achieving your funding goals. As nonprofit development consultants, we create funder profiles to help our clients better understand the various types of philanthropists and how to best engage them. What Type of Philanthropist Are You? A... Read More