What are some key elements of a grantmaking strategy? A mission statement, which is informed by the donor’s intent and objectives A statement of purpose, defined by program interests, geographic focus, grantmaking style A process for accepting, reviewing, and awarding grants A set of guidelines that inform the grantseeking community about what the foundation does... Read More
From tough economic times come smart strategies like the following that are worth keeping in mind in good times as well as bad. Revisit your goals As foundation leaders face tough decisions, many are stepping back to reconsider their guiding principles, including mission, vision, and values—a good practice from time to time in any grantmaking... Read More
In philanthropy, going public refers to intentionally engaging publicly with the communities, causes, and conversations that matter to you and your mission. Some philanthropists decide to operate in the public realm early on. Many others, though, go public at some point over time, often when they feel compelled to act. However it emerges, going public... Read More
“In my office of one, I’m constantly facing deadlines, putting out fires, and dealing with day-to-day needs,” says Exponent Philanthropy member Katrin Wilde, executive director of the Channel Foundation in Seattle, WA. “Sometimes I wonder, ‘Who has time for professional development?’ ” Time isn’t the only challenge. Says Wilde, “As a social justice funder, we tend... Read More
Executive Order 13224, issued by President George W. Bush on September 25, 2001, was entitled “Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism.” It includes a long list of individuals and organizations perceived to be associated with terrorism. If a foundation is found to be supporting any individual... Read More
“There’s almost no strictly ‘local’ philanthropy anymore,” says Exponent Philanthropy member Betty Curtis of the Atkinson Foundation in California. “As we become aware of how totally and globally our economic, social, and political lives are intertwined, we have the opportunity to design our grantmaking accordingly.” Even modest grants can have significant reach in developing countries.... Read More