Choosing which of the many worthy causes to fund is difficult, which begs the question: How bad is it to give to multiple good causes? The answer: Not bad at all. However, when we approach charitable giving another way—How can we achieve the most with our resources?—the answer is different. That’s because getting focused is... Read More
Originally posted to GrantCraft’s blog “It must be so fun to give money away!” We’ve all heard this reaction when we tell people we are staff or board members of a grantmaking organization. And, yes, it is fun. But it’s also hard work. Good grantmaking, as we know, is about far more than reading piles... Read More
Investment fees intertwine with market ups and downs, and both are integral to a foundation’s investment strategy. In low-return environments, higher fees could be a hindrance to higher return, but they might be necessary to reach to that higher return. It is more important than ever to be aware of the fees and costs so... 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
Families across the country continue to struggle with the rising cost of food, gas, housing, and more. Even Halloween candy prices were up 13% this year! Even more scary: nonprofits are facing the same inflation pressures—and many of them came into 2022 already facing declines in donations, a cliff in pandemic relief support, workforce shortages,... Read More
Over the past few years throughout the social sector, we’ve witnessed an unprecedented number of what many have termed, transformational gifts. These contributions span widely. Depending on the size of the recipient organization, they range from tens of thousands to hundreds of millions of dollars across a broad range of institutions and issues. However, their... Read More