Effective and meaningful philanthropy takes many shapes and forms—and sometimes what sounds like the simplest charitable activity to undertake can be the most complicated. Take, for example, one-time significant gifts. Whereas there is no hard and fast rule about what constitutes a significant gift, what we are referring to here are gifts over $500,000 to... Read More
Originally appeared on GrantCraft’s blog (May 6, 2015) A former colleague and friend at a small education nonprofit recently called to pick my brain about the role of site visits from a foundation perspective. She was in the midst of planning a visit with a local program officer. A $10,000 grant was on the line,... Read More
Today’s young people come to philanthropy via many paths—not only by way of their families’ charitable giving. For example, with a combined decade of experience in philanthropy, teens Sarah Saltzman and Luke Sturtz don’t come from families with foundations or formal giving vehicles. They plugged into philanthropy through school and community. Sarah grew up volunteering... Read More
In the 10-plus years I’ve been a consultant to foundations—and the 20-plus years I’ve been a family foundation trustee—I’ve noticed a phenomenon I’ve come to call the “trustee pendulum.” Trustees often start out very engaged in grantmaking, reviewing all grants (often to organizations they know well) and managing the grantmaking process, which is typically quite... Read More
Too often, grantees do the asking, reporting, and proving, while donors sit in positions to say yes or no, how much, when, and what’s required. Navigating the complex grantee–grantor relationship takes more than just good intentions—it takes flexibility, finesse, and a sincere desire to balance the power dynamics at play. Katherine Lorenz, president of the... Read More
Five years ago, The Belk Foundation looked very different than it does today. When I was asked to come on as the foundation’s first full-time director, the objective from the board was clear: help us connect this 80-plus-year-old foundation more fully into the community, so that we may better understand the impact of our grantmaking.... Read More