A message from Henry Berman, CEO of Exponent Philanthropy One week ago today, we witnessed an assault on our nation’s Capitol. One week from today, that same Capitol will host the inauguration of our new president. Both events will be defining chapters in tomorrow’s history books. But tomorrow is not today. We cannot stand idly... Read More
At PACE, we believe in the power, potential, and responsibility of people to come together to discuss and address the problems they see around them. As a diverse philanthropic network with members of many sizes, strategies, and geographies, we share a core belief: America will be healthier and more successful, resilient, and productive, if democracy... Read More
The term Outsourced Chief Investment Officer (OCIO) has gained popularity in the investment industry as investment consultants, banks, and small wealth management firms are now offering OCIO services to foundations, endowments, and nonprofits. You may be considering this model instead of the self-managed or consultant model used in the past. Below we include the “T”... Read More
Investing in companies that are adapting, transitioning and innovating around climate change can be an important part of mitigating some of its most harmful effects. At the same time, it might also help your foundation meet its financial goals: research increasingly suggests that on average, corporations with stronger environmental policies may also exhibit stronger corporate... Read More
Effective philanthropy is sustained and powered by prudent investment of the assets you are dedicating for philanthropic purposes. A request for proposal (RFP) is a document, often a questionnaire, that lets you compare investment service offerings, performance, fees, and other value-add services. Whether you’re looking for an investment service provider for the first time, planning... Read More
Consider a community foundation with assets of $12 million. A foundation of that size might make a little over $600,000 in grants in a year and raise $750,000. The foundation works carefully to oversee the funds going out and coming in, but what about the remaining $11.4 million in its endowment? $11.4 million. If the... Read More