A start-up is, simply put, an organization that is relatively new. Typical characteristics of a start-up include a strong commitment to the organization’s mission and to delivering services, a vision driven by the organization’s founder, an informal management infrastructure, a small and homogenous board with many members often performing day-to-day tasks for the organization, and... Read More
In its report On the Money, Grantmakers for Effective Organizations describes several financial challenges faced by nonprofits: Restrictions on funding—Despite the importance of infrastructure to nonprofits’ success, grantmakers overwhelmingly prefer to support the direct delivery of programs and services. The result is an underinvestment in the infrastructure nonprofits need to sustain and grow, such as... Read More
It is always a good policy to have a grant agreement with grant recipients—not for when the grant goes well but, rather, for when it does not. With a grant agreement in place, it is easier to monitor a grant for performance according to the application, to see if anticipated outcomes are achieved, and to... Read More
First things first: What is a community foundation? Most regions have a community foundation, an independent charitable organization that serves a defined geographic location—typically, a city or county. Community foundations accept gifts from individuals, businesses, foundations, and government agencies. Donors give in three main ways: unrestricted gifts to support the community foundation, gifts to the... Read More
Why does Atkinson Foundation, a small-staffed funder, engage in grantmaking abroad? Locally we can make site visits, but that’s usually impossible when the project is in the Bolivian highlands, the Moroccan desert, the Brazilian rainforest, or a rural village in Eritrea or Honduras. Yet, overseas grants justify one-fifth of our foundation’s grantmaking and at least... Read More
In the wake of the dramatic economic downturn in 2008, Exponent Philanthropy heard the following from our conversations throughout 2009 with nearly 400 foundation members: Members stayed the course—Although most members shared concerns about the economy and discussed changes at their foundations in response, they also spoke of business as usual—or, to the best of... Read More