Collaboratives offer funders the opportunity to: Exchange information and best practices. Leverage grantmaking and streamline efforts. Work on a larger scale in terms of dollars or visibility. Share risks and opportunities. In some cases, fund jointly. Is a funder collaborative right for you? Read on. Funder collaboratives defined Each of three types of funder collaboratives... Read More
“We’ve always been interested in young people and their college education,” said Mr. Smyth. While working in Wilmington, DE, he worked with inner-city kids. “That was the real impetus to set up the foundation. When we left Wilmington and retired in Virginia, we decided to create a local scholarship program.” Nelson County, a rural area... Read More
With more than 2,100 members, SVP is a global network of philanthropists with affiliates in 25 cities across North America and Japan. Since 1997, we’ve given $40 million and hundreds of thousands of volunteer hours to strengthen nonprofits that are improving the lives of children and protecting our environment. Social Venture Partners International (SVPI) helps... Read More
In addition to paying careful attention to how your foundation is governed, it’s also important to think about how your nonprofit grantees are governed. Here’s a checklist to consider when evaluating a potential grantee. How is the nonprofit’s financial health? Does the grantee have at least one financial expert on its board? If not, does... Read More
The Homer A. and Mildred S. Scott Foundation was established in 1982. Mr. Scott came from a modest background in Nebraska, where he graduated from the state university with a degree in civil engineering. Mrs. Scott was a gracious woman with a passion for early childhood, education and literacy. The Scotts created their wealth through... Read More
Before his death in 1999, Harold Edelstein identified his charitable goals: aiding hungry and homeless people, and contributing to population control. Rather than funding bricks and mortar, he sought to build lives by directly and immediately impacting needy people. “We attempt to fill niches with direct grants to organizations which they otherwise wouldn’t have,” says... Read More