A family private foundation creates a structure for charitable giving and a lasting legacy for the family, but it also comes with administrative burdens. Stephanie Yan, GHJ Managing Director and Private Foundation Practice Leader, talks to Pegine Grayson, Senior Vice President/Client Advisor, Director of Philanthropic Services at Whittier Trust, about the mundane but essential tasks... Read More
Salary and Benefits Surveys Customized for You Project scope: Exponent Philanthropy creates and collects custom survey elements across a region or another variable to meet your specific needs. We analyze the data (which we can also compare to other appropriate salary and benefits benchmarking reports you provide) to develop a detailed report. Member cost: $5,995... Read More
What’s on the agenda for your board this year? Are you covering the bases of good governance? Maintaining a checklist of annual to-dos can be an easy way to keep your foundation up to date and on-track. A checklist for your board can serve as a reminder of your legal obligations and governance best practices.... Read More
To paraphrase the ancient Greek philosopher Aristotle, it’s easy to give away money. However, it’s much more difficult to know how and where to give it. Anyone who has managed a grantmaking program understands. Granting money is not difficult. Doing it effectively is another story. That’s why many leanly staffed foundations often enlist philanthropic advisers—organizations... Read More
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
There is no one path to having a career in leanly staffed foundations, as they operate in almost every locale in the nation. Still, there are qualities, skills and experiences that prepare people to effectively manage small foundation operations, engage boards, and leverage resources for impact. Patterns in Hiring First, let’s look at some career... Read More