How would philanthropy be different if foundation leaders spent most of their time out in the community listening, learning and engaging with people? In my work at Exponent Philanthropy, I interview hundreds of staff, trustees and donors of small, place-based foundations. I’ve learned that many organize their work in this way—seeing themselves not as grantmakers,... Read More
A leadership succession plan is an essential source of guidance, and a commitment to organizational stability, when foundation transitions occur. Specifically, this written document identifies a course of action for when key leaders depart, whether planned or unplanned, permanent or temporary. To illustrate, consider what happened to one of our members: “Our foundation had succession... Read More
Debates about philanthropy’s role have heated up since the 1980s, as the federal government cut taxes and support for many social programs, a series of recessions battered the economy, and economic hardship deepened and expanded. In this era of scarcity, philanthropy has been pulled into a much higher profile. Demands come from lawmakers seeking private... Read More
This year’s Foundations on the Hill (FOTH) was hosted by the Forum of Regional Associations of Grantmakers in partnership with the Council on Foundations and Alliance for Charitable Reform. FOTH is a multiday event that brings foundation leaders from across the country to Washington, DC for meetings with Congress about key issues of importance to foundations... Read More
The following is an excerpt from Foundant’s publication “On Philanthropy: What’s Changed in the Past Decade and What It Means for the Sector,” a product of its 2017 survey of its grantmaking and grantseeking clients. Read the full article and many others at the Foundant Philanthropy Experience site. By Sharmila Rao Thakkar Ten years ago... Read More
Philanthropy has a new champion. Her name is MacKenzie Scott. Recently, Scott announced that in her relatively short time in philanthropy, she’s given $1.7 billion to 116 nonprofits. Many of the organizations are devoted to equity, and those organizations are largely led by women, people of color, and LGBTQ+ people. While the amount represents a... Read More