Note: This post originally appeared on the GrantCraft Candid Learning for Funders blog. Exponent Philanthropy is on a journey to understand, embrace, and champion racial equity. So, we’re embedding it in our programs and research. For instance, our 2020 Foundation Operations and Management Report explored the relationship between the relevance of racial equity to a... Read More
2020 was an unexpectedly challenging year. The pandemic changed the nature of work, and how we interact with our boards, staff and the nonprofits in our communities. We asked members of the Exponent Philanthropy community to reflect on COVID-19, how it affected their work in 2020, and what they foresee for 2021. Lean funders stepped... Read More
When funders provide general operating support, they invest in a nonprofit’s mission—not just a specific project. This flexible funding allows nonprofits to decide how best to use resources, whether that means adjusting salaries, investing in technology, strengthening fundraising efforts, or covering operating costs. At its core, general operating support helps organizations stay strong, responsive, and... Read More
You are not alone if you feel stuck administering grants for your small-staffed foundation using sticky notes, whiteboards, or spreadsheets. For many lean foundations, the high costs of implementing and maintaining a purpose-built grant management system (GMS) can be prohibitive. However, by leveraging the nonprofit license donation programs from industry-leading technology providers, you can create... Read More
As foundations seek to strengthen impact while streamlining processes, multiyear funding and general operating support are gaining momentum as more flexible, relationship-centered alternatives to short-term, project-restricted grants. Exponent Philanthropy’s new primer, The Hows & Whys of Multiyear General Operating Support, explores how multiyear funding and general operating support work best when combined. It highlights how... Read More
As small foundations, we are always looking for leverage. Where and how can we invest our assets in ways that will produce the best returns? Will organizations we funded in the past survive these times of shrinking resources and growing needs? We must encourage and support our grantees as they reimagine how to accomplish their... Read More