Responsible investing is at the heart of how philanthropy can further systemic changes needed in our economy, society and environment. Forward-thinking foundations and families have invested this way for years, but it’s becoming more mainstream. A growing number of philanthropic organizations and individuals see investments as a way to expand impact beyond grantmaking. Mirror the... Read More
Senators Chuck Grassley (R-IA) and Angus King (I-ME) introduced bipartisan legislation that aims to reform private foundations, and ensure that charitable dollars held in donor advised funds (DAFs) are distributed to working charities in a reasonable period of time. A joint press release states: “Donor-advised funds currently have more than $140 billion set aside for... Read More
“This has been the most pivotal grant to our organization since I got here. It has enabled us to be in a space that we weren’t in before.” I heard this recently from our first advocacy grant partner, Health Care For All Massachusetts (HCFA). It highlights how a risk the Rx Foundation took in 2019... Read More
This article was originally published in the July/August 2021 issue of Taxation of Exempts, a Thomson Reuters journal. In the philanthropy and nonprofit field, training and development for boards of directors has traditionally focused on basic, fundamental roles and responsibilities. Common topics include: the duties of board members; legal compliance; providing strategic direction; hiring and... Read More
This post originally appeared on Foundant’s blog. COVID has impacted every person, community, and organization across the globe. Today, together, the world is grappling to find a new balance between the challenges and loss COVID has brought with adjusting to a new post-COVID reality. Some think (hope) the world will go back to “normal” soon.... Read More
The National Recreation Foundation (NRF), with roots going back to 1919, supports youth development through recreation. It believes all young people should have the opportunity to have positive recreational experiences, regardless of their geographic, social or economic status. When these experiences are accessible to everyone, everywhere, they build strong kids and communities. Historically, the NRF... Read More