My brother, Laurence Braude, was an ophthalmologist, cornea specialist, surgeon and researcher. At 47, he complained of fatigue and weakness in his left arm and leg. His internist referred him to a neurologist who said he had Parkinson’s. Laurence retired from his ophthalmology practice to care for his health. He also set up a foundation... Read More
This post originally appeared on Blackbaud’s sgENGAGE blog. When smaller, place-based foundations collaborate and align their work, they provide unique value to local communities and nonprofits. Still, many foundations shy away from working together, assuming it will require considerable time and a loss of independence. Funder collaboration need not be burdensome. Nor does it require... Read More
Some philanthropists decide to operate in the public realm early on. But others go public at some point over time, often when they feel compelled to act. However it emerges, going public can be a pivotal transition point and a bold act of leadership. The Troy Savings Bank Charitable Foundation quietly awarded grants in the area... Read More
A grantmaker’s guide to evaluating a nonprofit’s theory of change “If we just start nailing that lumber together, we’ll end up with your dream house.” —No architect, ever Nonprofit mission statements evoke powerful visions of social change. To translate these lofty rallying cries into action, many thoughtful organizations have developed a detailed blueprint illustrating the... Read More
Adapted from materials created by Jessica Bearman, Mark Sedway, and Rusty Stahl for the Talent Philanthropy Toolkit (Version 1.0) Between 1992 and 2011, according to research by Talent Philanthropy, foundations devoted less than 1% of grant dollars toward supporting the recruitment, retention, compensation, development, or retirement of nonprofit talent. In fact, the signals grantmakers send often... Read More
For funders, especially private foundations, the federal tax rules governing supporting organizations can be important. Grants by private foundations to certain types of supporting organizations are subject to expenditure responsibility and may not be counted toward the private foundation’s annual 5% minimum distribution requirement. The complexity of the rules governing supporting organizations, updated on February... Read More