Consultants can be found to help foundations with every aspect of foundation management, including legal counsel, fiscal oversight, grantmaking support, board development assistance, strategic planning facilitation, program evaluation, and even complete foundation management. When it comes to types of consultants, the variety is equally broad. From independent consultants to small consulting companies, to asset management... Read More
In recent years, with support from Exponent Philanthropy, 70 thoughtful, committed member volunteers have explored the path to impact in small-staffed philanthropy and contributed to publications, seminars, and other resources to make achieving impact more accessible to fellow funders. We’re grateful for their ongoing efforts and delighted to share some of the group’s insights here.... Read More
Exponent Philanthropy member Fran Sykes and fellow trustees of The Pascale Sykes Foundation use a mix of state data on school achievement and information from other government agencies to set the foundation’s funding priorities. She points out that others can use similar information too: “Every state has KIDS COUNT. Every state has stats from its... Read More
Private foundations are increasingly considering ways to advance gender issues and equality beyond grantmaking. Women and girls represent half of the world’s population, yet gender inequality persists globally. Gender lens investing, an investment strategy that overlays rigorous financial analysis with gender diverse characteristics, is becoming recognized as one of the most exciting areas of impact... Read More
A 501(c)(3) organization is recognized as tax-exempt by the Internal Revenue Service (IRS). Private foundations and public charities are two main types of 501(c)(3) organizations. Public charities are then divided into three distinct categories. As a private foundation, it is important to know which specific category the potential grantee falls into; knowing a grantee is... Read More
A foundation executive director, I am sharing four lessons about how to evaluate outcomes more effectively. The points that follow are not complex ideas. To many, they probably seem obvious. As is often the case for me, the mere act of recording them provided me with new insights. Find the right approach for your work... Read More