I am writing this on the train back from spending an exhilarating few days with nearly 50 Exponent Philanthropy members, partners, and supporters across Greater Boston. Our second Regional Gathering of 2024 was an incredible experience full of connecting, learning, and sharing. It also reminded me that being together in person—even as many of us... Read More
As a lean foundation with limited staff, the thought of dealing with cybersecurity threats can be daunting. However, the reality is that cyber-attacks pose a significant risk to organizations of all sizes, and lean foundations are no exception. In fact, your lean operations and limited resources may make your foundation an even more appealing target... Read More
In recent years, efforts to incorporate antiracism into philanthropic work have surged. But what does this mean for lean funders who may not have the capacity to launch major initiatives? At Brady Education Foundation, we focus on addressing disparities in educational opportunities associated with race, ethnicity, and family income. Our mission is clearly aligned with... Read More
This sample RFP, provided by the Marion I. & Henry J. Knott Foundation, outlines how a private foundation can solicit proposals from accounting firms for part-time, contract-based bookkeeping and accounting services. It includes a detailed scope of work, submission requirements, and evaluation criteria—making it a useful template for foundations looking to hire external financial support. Read More
To make an outsized and lasting impact in their communities and issue areas, grantmakers must be intentional about equity and inclusion within their boards, governance, and funding efforts. The journey towards equitable grantmaking is not merely about ticking boxes; it’s a transformative process that demands introspection, learning, and action. While adopting equitable grantmaking practices serves... Read More
This post originally appeared on GMA Foundations’ blog. Organizational budget size is a favorite proxy indicator in philanthropy. Donors use rules of thumb to streamline grantmaking due diligence, but generalizations are imperfect. Using organizational budget size as a proxy indicator can reinforce funding inequities and lead to lost opportunity. Here are a few ways to... Read More