Engaging Stakeholders for More Effective Grantmaking - Exponent Philanthropy

Engaging Stakeholders for More Effective Grantmaking

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A growing number of grantmakers believe they can be more effective by meaningfully engaging their grantees and other key stakeholders. To solve the problems they want to solve and to do a better job as grantmakers, those funders find that many of the insights they need reside in the communities they serve.

Stakeholder engagement is the art and science of becoming more connected as a grantmaker. It means reaching beyond the usual suspects for information and ideas, listening and applying new learning about how to strengthen your grantmaking, and involving a wider audience of individuals and organizations in your decision making. Stakeholder engagement does not mean reaching out to anyone and everyone, of course. Rather, the focus is on those audiences who are most affected by your grantmaking and able to offer valuable insights, and whose buy-in is critical to success in achieving your mission.

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