Leadership can be defined in hundreds of ways. Its definition varies from field to field, deriving its essence from the particular goals, activities, and cultures of different professions or industries. For this reason, we can’t start with an off-the-shelf definition of leadership. Instead, by taking time to explore leadership by small foundations and describe what... Read More
As the sole staff person of her family’s foundation, the Patrick Carney Foundation, Kate Larisa’s job has its share of challenges. Even if you’re part of the family, staffing a foundation can be lonely work. “I found it essential to form relationships with others and not be afraid to ask for help,” says Larisa. “If... Read More
Documenting and sharing your story can guide those who lead the foundation now and in the future, articulate your goals to potential grantees and the public at large, and inspire all those who are touched by the foundation’s good work. How are Exponent Philanthropy members telling their stories? Keep it simple For Jane Leighty Justis,... Read More
Impact is rarely achieved accidentally or immediately, especially when tackling some of life’s most complex challenges. Although some donors can point to single grants that achieved notable results, the people and causes around the world are especially in need of passionate philanthropists that pursue a particular impact with everything they’ve got. One donor describes the... Read More
Program related investments (PRIs) count toward a foundation’s distribution requirement as long as they meet the following criteria: They serve a charitable purpose—A PRI’s primary function must be to further the foundation’s charitable purpose. Income or appreciation of property is not a significant purpose—An investor solely interested in profit would not make an investment on... 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