In the aftermath of major disasters, individuals, corporations, foundations, and government agencies—often from all over the world—give vast sums in response to compelling situations. What impact can small grants make when regions are devastated by disaster? “While we live in an age of large organizations and institutions, there are still many circumstances where small is... Read More
A fairly simple review using any of the following sources will give you information about a nonprofit’s finances. As you get more comfortable with financials or seek detailed information about particular organizations, you can examine financials more extensively: Charity rating services—These Web-based rating services are great starting points for information about nonprofits you are considering.... Read More
The Rockwell Fund, Inc., a private foundation in Houston, TX, recognized the significant infrastructure needs of local zip code assistance ministries, organizations named for the restrictions they placed on themselves to serve only those within their adjacent zip codes. Although these organizations were providing excellent direct services to the communities, many were lacking the support... Read More
Three Exponent Philanthropy members shared how their foundations were forging ahead during the Great Recession of 2008: Henry Berman, president and trustee, The Edith Glick Shoolman Children’s Foundation, New York and Massachusetts; Billie Hall, president and CEO, Sunflower Foundation, Kansas; and Mari Brennan Barrera, vice president, Eos Foundation, Massachusetts. Where do you find energy and... Read More
Last summer, I read Three Cups of Tea, by Greg Mortenson and David Oliver Relin, having bought my copy in a New Hampshire bookstore, where the owner just happened to mention, “This book should be in the hands of every high school student in New Hampshire.” Halfway through the book, I understood what she meant... Read More
When should a foundation rescind a grant? How is the rescission accomplished? The obvious answer to the first question is that a funder should rescind a grant when the grantee fails to use the grant funds for the purposes for which the grant was made. Most commonly, such failure is because the grantee’s need for... Read More