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When a Simple Question Turns Legal: 10 Areas Where Foundations Most Often Need Legal Counsel

Running a foundation means navigating complex regulations, usually without a large staff or a legal team down the hall. And most legal questions don’t look like legal questions at first. They start as ordinary situations: A grantee offers the board tickets to its gala. A trustee joins a grantee’s board. A donor asks whether a... Read More

Under Pressure, Lean Foundations Are Holding the Line on Racial Equity

Over the past two years, federal backlash against nonprofits doing racial equity work has been relentless. Executive orders have targeted DEI programs directly, threatening funding and inviting legal scrutiny for foundations that keep equity language in their mission statements, according to the National Council of Nonprofits. Federal funding freezes have hit hardest in the communities... Read More

71% of Family Foundations Are Already Engaging Their Next Generation. Is Yours?

What does it actually look like to bring the next generation into your foundation’s work? Most family foundations have good intentions here, welcoming children, grandchildren, nieces, nephews, or younger staff and board members into the mission, but intentions rarely translate into a clear plan. If that gap has led your foundation to treat next-gen engagement... Read More

Foundation Trustee Legal Duties: 5 Strategies to Keep Your Board Compliant

Trustees have a lot on their plates, but nothing matters more than getting their legal duties right. A foundation’s board does more than show up to meetings. Trustees must ensure the foundation follows its own bylaws, meets federal and state requirements, and stays true to its charitable purpose. Beyond simply following the law, a foundation’s... Read More

2026 Mid-Year Update: Milestones & Momentum From Exponent Philanthropy 

This year, Exponent Philanthropy celebrates 30 years of supporting, connecting, and amplifying the impact of lean funders and transforming communities through informed giving. As philanthropy faces rapid change, growing complexity, and ever-increasing community needs, the role of lean funders — and the need for strong peer connections, practical resources, and community-connected leadership — has never... Read More