Originally published by GMA Foundations Stories are a core element of reflective practice—methods and techniques that help individuals and groups learn from their experiences. In the social sector, the stories of how organizations make a difference in the world offer insight and hope, yet they can get lost in the day-to-day work. Grantee stories may... Read More
How can a small foundation with a limited grantmaking budget leverage its resources to make an even greater impact? This post offers questions to ask nonprofit organizations as your foundation pursues impact. When small foundation leaders meet with nonprofit organizations, it is important to ask great questions that get beyond the answers we can find... Read More
“Our foundation had succession planning thrust upon us,” shares John Valliant, president of the Grayce B. Kerr Fund. “We had been talking about succession for some time, and then we were blindsided by illness and death.” Fortunately, not every foundation faces such sudden and tragic events. But experiences of this nature are profound reminders of... Read More
As the president of a family foundation that has made the transition to an all third-generation board, I am often asked by colleagues for tips on successfully engaging next gen family members. Here is one: consider offering one-year, renewable board terms to family. I haven’t done a study on this, but I would guess that... Read More
Managing a private foundation with staff requires more than just focusing on its mission; it also demands careful attention to human resources. By addressing key HR questions, you can ensure your foundation is legally compliant, ethically sound, and a positive place to work. Below is a checklist to help guide your HR practices. Advisors and... Read More
How can a small foundation with a limited grantmaking budget leverage its resources to make an even greater impact? This post includes questions to ask yourself in pursuit of greater impact. Each foundation’s unique approach to impact will represent its passion, character, leadership, capacity, and history. As we dialogue with other funders, nonprofits, and thought... Read More