Over 20 years ago, the Anna B. Stearns Charitable Foundation launched its Girls’ Initiative to amplify support for women and girls. More recently, the foundation’s board, historically mostly women, expanded its equity and inclusion focus to include race and culture for both grantmaking and board composition. Leadership sees its own diversity as essential to driving... Read More
A leadership succession plan is an essential source of guidance, and a commitment to organizational stability, when foundation transitions occur. Specifically, this written document identifies a course of action for when key leaders depart, whether planned or unplanned, permanent or temporary. To illustrate, consider what happened to one of our members: “Our foundation had succession... Read More
Exponent Philanthropy is proud to release the latest edition of the Foundation Operations and Management Report (FOMR). This premier benchmarking resource offers mission-critical statistics on grantmaking, boards and governance, investments, and administration – including salary and benefits – for foundations with few or no staff. Below are some initial interesting findings from the 2023 edition.... Read More
In 2022, the United States experienced historically high inflation rates. This took a toll on communities, nonprofits, and foundations alike. Inflation significantly impacted funders and altered the ways they approached grantmaking, grantees, and staff compensation. Some foundations even considered modifying their investment strategies to keep pace with rampant inflation. We compiled this information in our... Read More
The Hau’oli Mau Loa Foundation started convening partner grantees with two goals in mind: to provide a space to share and learn from one another and to help them feel excited and renewed. “It started as a way to bring partners together,” says former executive director Janis Reischmann. “We thought there would be value in... Read More
Your philanthropic journey is sure to be a remarkable one: often cyclical, rarely linear, and greatly shaped by your particular circumstances. Are you prepared to navigate the twists and turns that are sure to arise over time? Our nearly two decades of experience working with, listening to, and observing philanthropists with few or no staff... Read More