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
This is the third of a 3-part blog series to help funders leverage relationships with traditional media. Our thanks to Patti Giglio of PSG Communications, LLC, for her contributions to our new media toolkit for Exponent Philanthropy members, the basis for this blog series. 1. Consider the reporter’s inquiry an opportunity. Most reporters want to get it... Read More
There is no one path to having a career in leanly staffed foundations, as they operate in almost every locale in the nation. Still, there are qualities, skills and experiences that prepare people to effectively manage small foundation operations, engage boards, and leverage resources for impact. Patterns in Hiring First, let’s look at some career... Read More
For foundations and nonprofits alike, the grant application process can be a time-consuming hurdle. Nonprofits often dedicate significant resources to crafting applications, while foundations juggle evaluating numerous proposals, many of which may not align with their goals. A well-designed application process ensures your foundation receives the information it needs while respecting applicants’ time and resources.... Read More
“With capable coaches at their side, nonprofit leaders can learn more about themselves, about their organizations, and about how to manage people and conflicts, how to delegate responsibility for day-to-day tasks, and more. No other intervention can teach these things better than effective coaching, and we hope that grantmakers, both individually and as a field,... Read More
Proper recordkeeping is essential for efficient foundation operations, legal compliance, and smooth audits. An organized system ensures easy access to critical documents, reduces clutter, and protects your foundation’s history. Although maintaining records might seem like a time-consuming task, investing thought and effort into a clear and practical system will save time and prevent headaches in... Read More