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
What are we trying to achieve with our grants? You can answer this question in many ways, and one way to start is with how and what you fund. These components shape your philanthropic orientation, the unique way that your foundation approaches the funding process. The how of your giving hinges on how you choose... Read More
To create change, you first have to “create an open will to change,” says Kelly Medinger of The Marion I. & Henry J. Knott Foundation in Baltimore, MD—a will that is built on at least three elements: Trust—One study suggests that emotional involvement is the strongest predictor of one’s commitment to change. Emotional involvement, in... 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
The Claude W. and Dolly Ahrens Foundation has a mission, vision, and core values. A seven-word motto, though, most succinctly expresses its goal: Leave it better than you found it. Claude W. Ahrens lived by those words, says granddaughter Julie Gosselink, president and CEO of the foundation. In 1993, after a successful career in the... Read More