Ask almost anyone even vaguely familiar with philanthropy what a foundation does, and the answer will likely be “they give money away.” That’s true, but what if instead the go-to answer was: “They improve people’s lives,” or “They transform communities,” or even, “They make a difference you can see and our community wouldn’t be the... Read More
Many nonprofits across the country struggle with financial viability, according to a recent report based on data provided by GuideStar. The majority have less than one month of operating reserves, and 30% face potential liquidity issues. Nonprofits in the education and health and human services sectors, typically reliant on government contracts and fee-for-service-revenue, operate with... Read More
Responding to dramatic changes in public policy in 2017, many foundation leaders have tailored their strategies and tactics in continued pursuit of their missions. Armed with clear focus, experience, and strong networks, these foundations are modeling good philanthropic practice that is worth noticing. Recently, dozens of funders gathered at Associated Grant Makers (AGM) to discuss... Read More
In June 2017, we hatched a plan. What if we created a survey to gather experience, advice, opinions, and knowledge from our grantmaker and grantseeker communities? (At Foundant, we provide grantmaking software solutions to grantmakers and grantees.) What kind of response would we get? How could we use the information we received to further our... Read More
You expect a lot of the individuals and organizations that apply for your grants, because better granting means greater impact. You trust them to come with big ideas and clear vision. You want them armed with budgets, schedules, plans, and actionable objectives. You look to them for ways to invigorate a community, further a cause,... Read More
As funders, we are expected to measure things: dollars given, grants distributed, organizations served, and what results. These are all familiar metrics. But what if we reconsidered our attachment to these metrics? What if instead of expecting a specific outcome, we pursued a promising hypothesis? This is an accepted practice in other fields, such as... Read More