The law requires very little when making grants to most domestic public charities. Other than knowing a grantee’s tax status—your foundation has a great deal of flexibility. However, I regularly encounter funders, foundation staff and professional advisors who do not know this. What the Law Requires When Making Grants A few years ago, Project Streamline... Read More
Funders with few or no staff can advance change on urgent issues. With a few dollars and a wealth of local knowledge and relationships, Exponent Philanthropy members have facilitated reform of a state’s juvenile justice system, increased access to nursing care for new and expectant mothers, and created statewide coalitions to focus dollars and attention on... Read More
A seed funding grant is more than just financial support; it’s a powerful way to make an impact by getting involved early in a project’s journey. This small, initial investment allows nonprofits or entrepreneurs to test their ideas before pursuing larger grants from corporations, foundations, or government agencies. At the same time, seed grants give... Read More
We have all heard the warning: In philanthropy, following the heart will lead you astray. Hunger, homelessness, children who lack opportunity, disasters, pollution, forsaken animals—these touch us deeply. And we give to organizations that have served us—our schools and colleges; hospitals that cared for us; arts groups that enriched our lives. But before long, our dollars... Read More
There is no one path to having a career in leanly staffed foundations, as they operate in almost every locale in the nation. Still, there are qualities, skills and experiences that prepare people to effectively manage small foundation operations, engage boards, and leverage resources for impact. Patterns in Hiring First, let’s look at some career... Read More
Philanthropy is ever-changing. Pressing issues and seismic political, economic, and technological shifts move us to revisit how we work regularly. Urgency, passion, curiosity, and the desire to engage drive some lean funders (those with few or no staff) to center their giving around authentic relationships with grantees and community members. This type of Catalytic Leadership... Read More