In the first and second blog in this 3-part series, Fran Sykes reflected on how her board’s decision to sunset spurred the foundation to stretch and expand its vision, and try to establish a legacy in its limited time. The second blog ended with these questions: What lessons have we learned? What can we pass on... Read More
As one who is not far removed from the trials and tribulations of the modern day job search, I know how much an internship can help guide a jobseeker. I can attribute a nonprofit internship in college for guiding me to where I am today. Furthermore, as a Millennial at a small foundation, I yearn... Read More
You won’t find bullies on every board, but, when you do, they can be very disruptive—creating surprisingly high levels of stress for fellow board members and damaging the integrity, effectiveness, and impact of the board’s work. Be careful not to assume the other party to any difficult conversation is a bully. Some people engage in... Read More
Not all that much good comes with getting older, but one exception is time spent with the best teacher of all: experience. After 27 years in foundation philanthropy, I’ve been blessed with the opportunity to learn firsthand some important lessons, and today I share a key one: Publishing your guidelines, and generally being transparent about... 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
You probably know the feeling. You’ve attended a dynamic conference, read a groundbreaking book, or had an inspiring conversation with a colleague. You know that if you could just get your boss or your board to act on this newfound knowledge, you could make some real changes that result in measurable improvement—either within your own... Read More