These unprecedented times require new ways of working together. Nonprofits’ services are needed more than ever. But there are fewer resources to support them. Organizations have already lost significant revenue streams from cancelled fundraisers and lost earned income. The number of households that give was decreasing before the pandemic hit, says the 2019 Giving USA... Read More
For society to advance gender equity, intersectional feminism must become part of the mainstream narrative and mindset. Philanthropy is our opportunity to be change agents, so that this statistic increases: Just 1.9% of philanthropic dollars go toward women and girls, according to the “The Women and Girls Index: Measuring Giving to Women and Girls” from the... Read More
2020 was an unexpectedly challenging year. The pandemic changed the nature of work, and how we interact with our boards, staff and the nonprofits in our communities. We asked members of the Exponent Philanthropy community to reflect on COVID-19, how it affected their work in 2020, and what they foresee for 2021. Lean funders stepped... Read More
In Give Smart, Thomas J. Tierney and Joel L. Fleishman wrote that private foundation excellence is self-imposed. “Of all the characteristics that distinguish philanthropists, the single most consequential may be the fact that they are essentially accountable to no one but themselves,” they said. Governments must win the favor of voters. Companies must earn customer... Read More
Senators Chuck Grassley (R-IA) and Angus King (I-ME) introduced bipartisan legislation that aims to reform private foundations, and ensure that charitable dollars held in donor advised funds (DAFs) are distributed to working charities in a reasonable period of time. A joint press release states: “Donor-advised funds currently have more than $140 billion set aside for... Read More
The Sauer Family Foundation invests in strengthening the well-being of children so they thrive in their families and communities in Minnesota. After the events at George Floyd Square unfolded not far from our office and home, we decided there was no better time to bring a larger influx of our resources to bear for children... Read More