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Results for:   Topic: “Grantmaking”  

Changing Lives Through Microfinance

People say that one can be overtaken by vast waves of love and despair in Africa. “This is poverty,” warns Unitus Vice President Kate Cochran. “More palpable, deeper, and somehow more stark than anyplace else on the planet.” It took me decades to get to Africa. My early years were preoccupied with the privileges that... Read More

Beyond Grantmaking: On-Ramps to Nongrant Strategies

Nongrant work has several major impacts: Providing consulting to a small nonprofit on how to develop its management structure, for example, or enhancing its fundraising or technology systems can add tremendous value to grants that build capacity. Embarking on a more intentional process of learning, scanning, or research accelerates and deepens a funder’s understanding of... Read More

Saying No and Making a Difference

If your foundation encounters an organization struggling with its operations, how can you say no—declining or not renewing a grant—in a way that makes a difference? For our small family foundation, the facts were clear. Getting to those facts had not been easy: The board of directors of the nonprofit we were funding had not... Read More

Changing Young Lives Through Scholarships

“We’ve always been interested in young people and their college education,” said Mr. Smyth. While working in Wilmington, DE, he worked with inner-city kids. “That was the real impetus to set up the foundation. When we left Wilmington and retired in Virginia, we decided to create a local scholarship program.” Nelson County, a rural area... Read More

Giving to Individual Teachers Through a Donor Advised Fund

Stookey grew up and attended elementary school in Marshall, a small town just east of Battle Creek, MI. The year was 1936, and Stookey was a 5th grade student of Vyda Mumby during her second year of teaching. According to Stookey, Mumby “loved teaching; and like anyone doing something they like, she was good at... Read More

Setting Up a Scholarship Program

Private foundations that wish to operate their own scholarship programs—and do the work of publicizing the program, reviewing applications, choosing winners, and monitoring the awards—must receive prior Internal Revenue Service (IRS) approval. This one-time IRS review ensures that your scholarships (or other grants for study, travel, or similar purposes) are awarded in an objective, nondiscriminatory... Read More