Through community and collaboration, the people of New Mexico have survived harsh conditions to thrive for hundreds of years. As a foundation that funds exclusively in the state, we continue to see the power of these values in our philanthropic work. Our most recent strategic plan states, “If we co-create a more aligned, collaborative and... Read More
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