“With capable coaches at their side, nonprofit leaders can learn more about themselves, about their organizations, and about how to manage people and conflicts, how to delegate responsibility for day-to-day tasks, and more. No other intervention can teach these things better than effective coaching, and we hope that grantmakers, both individually and as a field,... Read More
Proper recordkeeping is essential for efficient foundation operations, legal compliance, and smooth audits. An organized system ensures easy access to critical documents, reduces clutter, and protects your foundation’s history. Although maintaining records might seem like a time-consuming task, investing thought and effort into a clear and practical system will save time and prevent headaches in... Read More
What Is the Nonprofit Sector? The nonprofit sector encompasses institutions and organizations that are neither government nor business. A nonprofit exists to benefit the public and operates without the intent of making a profit. Any revenue generated is reinvested into the organization to support its mission or charitable purpose rather than distributed to shareholders, as... Read More
Funders are supporting sabbaticals for nonprofit leaders—and taking sabbaticals themselves—as a way to step back from professional identity, let go of routine, and restore their energy for the long haul. The Durfee Foundation has been a leader in funding nonprofit executive sabbaticals for 20 years. “Since the beginning, our board has focused on leadership and... Read More
To paraphrase the ancient Greek philosopher Aristotle, it’s easy to give away money. However, it’s much more difficult to know how and where to give it. Anyone who has managed a grantmaking program understands. Granting money is not difficult. Doing it effectively is another story. That’s why many leanly staffed foundations often enlist philanthropic advisers—organizations... Read More
You’ve Decided to Start a Foundation—Now What? You’ve taken the first step in launching a foundation—now it’s time to bring your vision to life. Beyond the legal and financial considerations, defining your philanthropic focus is key to making a lasting impact. This page will guide you through the essentials to help you get started. How... Read More