Foundations can take different approaches to rebalancing a portfolio, whether driven by the market, performance, or the calendar. Calendar or periodic rebalancing at specified times (monthly, quarterly, or annually)—Rebalancing can be set to return to a specific target allocation each time. It also can be set to return to an allowable range within a set... Read More
Foundations use software for some of the following tasks: preparing mailing labels, creating lists of grantees, recalling grant history, tracking outstanding commitments, sharing grant requests with other trustees online, and tracking letters and reports from grantees. Assessing your needs Any computer consultant will tell you that the first step in choosing software is to take... Read More
The National Center on Family Philanthropy (NCFP) finds that most donors don’t begin to think about succession in the earliest days of the foundation. Even donors with adult children at the time of start-up tend to delay thinking about the children’s involvement until a much later time. In both cases, the delay can be a... Read More
The Northwest Area Foundation (NWAF) of Minnesota was sued in November 2002 by a potential grantee located in the Yakima Valley of Washington State. NWAF, a grantmaking foundation established in 1934, was organized to help communities throughout an eight-state region reduce poverty. It makes grants totaling approximately $18 million per year. Under its Community Ventures... Read More
Through two separate grants to the Florida Audubon Society, the Conservation, Food & Health Foundation (CFHF) of Boston supported the work of distinguished sea turtle researcher and conservationist Dr. Peter Pritchard to protect a critical sea turtle nesting beach on the northwest coast of Guyana in South America. Despite 30 years of efforts and the... Read More
What follows are ways in which Exponent Philanthropy members are making the most of their foundations. Is one of these strategies right for you? Fill important gaps As you review proposals, have conversations with community leaders, and participate in the community as volunteers, parents, employers, or employees, keep an eye out for crucial gaps that... Read More