Managing a private foundation with staff requires more than just focusing on its mission; it also demands careful attention to human resources. By addressing key HR questions, you can ensure your foundation is legally compliant, ethically sound, and a positive place to work. Below is a checklist to help guide your HR practices. Advisors and... Read More
To make the time you spend on proposal review even more focused and efficient, it’s essential to invest a little time in preparation. This article describes both how to prepare and how to use a prescreening process—two steps to help you focus time on the proposals that most interest your foundation and be efficient in... Read More
Nowadays, foundations rely on intermediaries to handle much of their grantmaking abroad (in dollar terms). Reputable intermediaries make it their business to meet federal regulations, such as determining the equivalency of a foreign charity and following antiterrorist financing guidelines. Taking care of these requirements eases the administrative burden of foreign grantmaking for U.S. foundations. Through... Read More
How does today’s social impact culture affect the way you engage your children and grandchildren in your family’s philanthropy? That’s a question many trustees of America’s 42,000 family foundations are asking themselves as they look more closely at strategies to fulfill community passions, conduct responsible grantmaking, and inspire a philanthropic legacy for the next generation.... Read More
World-class athletes do not casually approach a championship match, but rather spend years in training. Likewise, nonprofit organizations and the third-party advisors with whom they partner are now taking the same disciplined, planned approach to navigating the future—including periods of transition. Transitions can be difficult, overwhelming, and can affect everyone from staff, board, and committee... Read More
We’ve had the great pleasure of serving as the grantmaking and foundation management partner for Kathleen deLaski and the deLaski Family Foundation for the past three years. The foundation brought us on to help it adapt its mission, vision, and goals in a way that makes the most of the current board’s knowledge, networks, and... Read More