Although all 501(c)(3) organizations are organized and operated exclusively for religious, charitable, or educational purposes, there are two main types of organizations that fall under this classification: public charities and private foundations. Organizations that qualify as public charities do so by having significant public influence, such as a third or more of their income’s coming... Read More
Nonprofit sector collectively describes the institutions and organizations in American society that are neither government nor business. Nonprofit is a layperson’s term describing a range of organizations—including private foundations—that contribute to the public good. The nonprofit sector in the United States contains more than 1.5 million nonprofit organizations comprising at least 7% of the U.S.... 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
Developmental evaluation is a hot topic in philanthropy today. It emerged in response to the need for real-time learning in complex and emerging situations—just the situations in which funders tend to find themselves when working with others to find innovative solutions to social problems. “Evaluation is about critical thinking; development is about creative thinking,” writes... Read More
What do you want to achieve with your foundation? Many foundations focus on a particular field of interest, population, or geography. Others focus by strategy (e.g., building technology capacity, developing nonprofit leaders) and bolster a range of grantees by applying those strategies. Settling on a focus is not necessarily an easy step—especially if your foundation... Read More
Exponent Philanthropy member Janis Reischmann of the Hau‘oli Mau Loa Foundation has spent the past several years working in a close partnership with 10 nonprofits to bring hope to some of Hawaii’s most disenfranchised youths. “The approaches used by our partners are reaching children who were previously very difficult to engage and challenged by typical... Read More