At Common Counsel Foundation, we support, advise and manage donor advised funds and family foundations. It’s clear that an individual funder (and a small-staffed one no less!) won’t solve the world’s intractable problems alone. In fact, it will take a whole network of funders at the same table if we want to make progress. As... Read More
A private foundation must make annual charitable expenditures, called qualifying distributions, equal to at least 5% of the fair market value of its previous year’s endowment. Thus, a foundation with average assets of $5 million in fiscal year 2022 must make roughly $250,000 of qualifying distributions by the end of its next fiscal year, or December... Read More
The Presser Foundation is the only foundation dedicated solely to funding music organizations in the Greater Philadelphia region. Its holistic approach to grantmaking also makes it unique among funders. The foundation gives to music organizations through special projects, general operating support, and capital support grants. At the same time, it supports music students through undergraduate... Read More
Investment fees intertwine with market ups and downs, and both are integral to a foundation’s investment strategy. In low-return environments, higher fees could be a hindrance to higher return, but they might be necessary to reach to that higher return. It is more important than ever to be aware of the fees and costs so... Read More
Funders and grantees share a relationship that goes beyond just financial support—it’s built on mutual respect, trust, and collaboration to create meaningful change. One powerful but often overlooked way funders can strengthen this relationship is by actively championing their grantee partners. Feedback from our Grantee and Applicant Perception Surveys (GAPS) shows that grantees want funders... Read More
Since attending and presenting at Exponent Philanthropy’s 2023 Annual Conference in October, I’ve spent some time reflecting on how foundations and non-profits relate to one another and engage in social change. In particular, I’ve been thinking about the challenges grant-makers experience in understanding and demonstrating the ‘difference’ they make. In my own session and in... Read More