Thirteen years ago, my parents sold their telecommunications company and started a private foundation. Their earliest motivations were to avert taxes from the sale and safeguard my two brothers and me from inheriting wealth that would deter us from working for a living. For the first 7 years, on December 27, we gathered for a... Read More
This post is the second in a 2-part series on leadership succession planning. Read part 1 on the importance of planning for leadership succession now. Exponent Philanthropy members can explore these themes further in an article by the same authors in our Fall 2015 issue of Essentials. Leadership succession planning is a process, not just a... Read More
This post is an excerpt from the complimentary resource Essentials of Impact Investing: A Guide for Small-Staffed Foundations, created by Exponent Philanthropy and partners Mission Investors Exchange and Arabella Advisors. Want to align your investments with your mission? Download Essentials of Impact Investing: A Guide for Small-Staffed Foundations >> By Cynthia Muller and Catherine Toner, Arabella Advisors For... Read More
As we enter the new year and decade, I want to call your attention to an important piece of legislation passed by Congress and signed into law by the President in the closing days of 2019 that has significant implications for those of us in the world of private foundations. The “Further Consolidated Appropriations Act,... Read More
Ramping up—or significantly increasing charitable giving or activities—can be an empowering transition point in your philanthropy. It can also leave you bewildered by the complexities that come with your new normal. What does it mean to ramp up in response to an influx of assets—perhaps the most common reason funders increase their charitable giving and/or... Read More
Are you uncertain whether your foundation is benchmarking to its fullest advantage? Do you wonder if you should do more? Benchmarking can be a simple, straightforward process. Your foundation can benefit from it with minimal time and effort, and on any budget. Common types of benchmarking include: Best practices benchmarking involves looking at other foundations... Read More