Similar to any business, your foundation should have a succession plan that establishes key roles and identifies future leaders. A comprehensive plan can help steer your organization through moments of transition—whether expected or unexpected—to ensure continuity. Maintaining Stability During Times of Transition At some point, every foundation and its board will face a leadership transition... Read More
For those of us in philanthropy, AI can feel like both a buzzword and a black hole. But as more tools emerge, it’s worth considering how we might approach them thoughtfully. Like so many others, we at the Farash Foundation have been cautiously exploring artificial intelligence. Our curiosity isn’t just about generating goofy images or... Read More
In a time of economic uncertainty, staffing shortages, and growing community needs, funders can offer critical support, not just through dollars, but by streamlining practices. Simplifying grant applications and reporting is one of the most effective ways to reduce the burden on nonprofits and free up their time for mission-driven work. Especially now, every hour spent... Read More
Health insurance is one of the most common benefits lean foundations offer their staff, alongside paid time off and retirement plans. According to the 2025 Foundation Operations and Management Report, 76% of foundations provide health insurance for full-time employees. One of the most frequently discussed topics in our Member Discussion Community is securing health insurance... Read More
Filing Form 990-PF can feel like a daunting task, but with the right preparation, it doesn’t have to be overwhelming. Whether you’re managing the filing process yourself or working with a professional, staying organized throughout the year will save time and reduce stress. This guide will walk you through how to categorize expenses, keep essential... Read More
Proper recordkeeping is essential for efficient foundation operations, legal compliance, and smooth audits. An organized system ensures easy access to critical documents, reduces clutter, and protects your foundation’s history. Although maintaining records might seem like a time-consuming task, investing thought and effort into a clear and practical system will save time and prevent headaches in... Read More