To kick-start your thinking about leadership at the organizations you fund: Start by building trust—To assess leadership well requires an honest dialogue between funder and nonprofit, and building the trusting relationship that facilitates such dialogue takes time. To build trust, be forthright in your communications with nonprofits and clear about your expectations. Make your grant... Read More
What do you want to achieve with your foundation? Many foundations focus on a particular field of interest, population, or geography. Others focus by strategy (e.g., building technology capacity, developing nonprofit leaders) and bolster a range of grantees by applying those strategies. Settling on a focus is not necessarily an easy step—especially if your foundation... Read More
In Exponent Philanthropy’s work helping small-staffed foundations and donors step into leadership roles, we have learned that the most dynamic, effective funders use their power judiciously—but boldly. In a paradoxical way, the source of their power is passion, curiosity, and humility. They are great listeners. They don’t begin by thinking they know the answers; they... Read More
Exponent Philanthropy members often ask about mission, vision, and values statements: What are they? Does my foundation need them? How do we create them? Maridel Moulton, an organizational development consultant, presented the following information at an Exponent Philanthropy educational program. What is a mission statement? In one or two sentences, a mission statement clarifies what... Read More
Download the Fifth Edition Today! Staying the Course Toward Inclusive Philanthropy Philanthropy has always excelled when it listens, learns, and evolves to meet the needs of the communities it serves. In recent years, lean funders have increasingly recognized that racial equity is not an optional add-on to their work; it is central to their mission... Read More
In addition to paying careful attention to how your foundation is governed, it’s also important to think about how your nonprofit grantees are governed. Here’s a checklist to consider when evaluating a potential grantee. How is the nonprofit’s financial health? Does the grantee have at least one financial expert on its board? If not, does... Read More