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
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
Not long ago, Exponent Philanthropy convened eight funders interested in focusing their giving. Over the course of our 7 months together, we named several rationalizations for not focusing. Have you used or heard any yourself? We share the following five and include ways to move past them. Misconception: Good deeds and good intentions will lead... 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
The individuals responsible for managing a foundation’s assets want their investments to do well. Beyond these good intentions, however, most states maintain laws with higher standards that legally bind trustees and board members to a series of duties and responsibilities. These standards—called fiduciary duties—are commonly known as the duties of care, loyalty, and obedience, as... Read More
Started in 1994 by Catherine Muther, a former Cisco Systems executive, Three Guineas Fund “promotes social justice by expanding access to economic opportunity for women and girls.” One would think that a mission so considerable requires a large staff and endowment, but Three Guineas Fund, with assets less than $6 million and only one full-time... Read More