Exponent Philanthropy members tell us multiyear grants offer important benefits: Less grantee time and labor to apply and report on grants Less funder time and labor to review applications and reports Greater security for grantees that allows them to look ahead to longer-term goals and plan accordingly A powerful seal of approval that helps grantees... Read More
Through funds received from individual contributors, foundations, and other sponsors, the Washington Square Community Health Foundation made a $180,000 loan at a below-market rate of interest to be repaid in full by the Lake County Council Against Sexual Assault (LaCASA). Howard Nochumson, the foundation’s executive director, also worked closely with LaCASA’s executive director and board,... Read More
As a donor, you not only have the power to identify effective nonprofits but to build and strengthen the ones most aligned with your goals. Excellent nonprofits are often made, not found. Identifying the impact you want to make will help you narrow the field of potential grantees to those that fit your values, goals,... Read More
Program related investments (PRIs) are a special type of grant that gained popularity during the Great Recession to preserve endowment assets while pursuing a charitable mission. PRIs are program tools like grants and should not be confused with other forms of socially responsible investing in which producing financial return is a priority. How does a... Read More
You can make a difference before and after disasters in a variety of ways: Grants for relief—These grants can meet critical needs in the aftermath of disasters. Victims may need rescue, food, shelter, or clothing just to survive. This phase requires intensive activity but usually ends quickly—within a few days. Grants for recovery—Such grants can... Read More
A program related investment (PRI) is a loan, loan guarantee, or other type of investment made by a foundation to support a charitable purpose, and is a powerful and flexible tool to add to your foundation’s toolkit. A PRI can be counted toward a foundation’s distribution requirement as long as it meets the following federal... Read More