What is a net grant and why does it matter? Well, time is money and grantees incur costs while applying for grants. For instance, think about how long it could take a nonprofit to customize their financial documents to your specifications, and language to your unique questions and formatting. According to Project Streamline, nonprofits can... Read More
On Friday, May 8, Exponent Philanthropy hosted another live discussion for lean funders to share how they’re responding to COVID-19. We’ll continue hosting these discussions every Friday at 2 p.m. EST to give all lean funders the opportunity to connect around their responses. We are also compiling COVID-19 information and resources relevant to lean funders. Lean funders are responding to... Read More
As funders seek to leverage their resources for impact and change, many ignore a powerful asset right under their gaze. This hidden asset is the donor, board member, family member, or staff person who possesses curiosity—the drive to venture out into the community or field to listen, talk with people, and learn. From interviews with... Read More
One of our grantees said, the greatest gift you can give another person is trust. Thus, when I started thinking about how to share our experiences with trust-based philanthropy, I first thought about hearing our grantees’ perspectives. This defines our philanthropic philosophy: working collectively to inspire possibility, innovation and sustainable outcomes. Engaging in trust-based philanthropy... Read More
Money affects power dynamics in relationships and as donors, we have the responsibility to send money carefully. When considering alternatives to a traditional funding approach, participatory grantmaking leverages knowledgeable input and democratic checks and balances. Being participatory is more than soliciting outside advice; it means inviting people at the center of the work to participate... Read More
