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Resources

Foundation Fundamentals: Grantmaking

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Your foundation’s efforts culminate in grantmaking, defining its impact. A solid grantmaking strategy starts with clear goals and requirements for grantees, facilitating grant management and effective funding. Successful grantmaking also requires deeper engagement; understanding nonprofit financials assesses stability, and site visits reveal insights beyond proposals. Building relationships with grantees enhances impact, and knowing advocacy rules... Read More

Foundation Fundamentals: Tax, Legal, and Administration

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Good governance isn’t just about best practices—it ensures your foundation follows essential legal and financial rules. This section covers the key regulations every private foundation must follow, helping you navigate the legal landscape while saving time and legal fees. This page starts with the basics: foundation law, IRS requirements, and the 990-PF tax form you’ll... Read More

Foundation Fundamentals: Getting Started

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So you’ve decided to start a foundation. Now what? By choosing to establish a foundation, you’ve committed to making a positive impact in your community. You’ve likely already received valuable legal and financial advice regarding the rules and regulations surrounding foundations, as well as the tax benefits associated with your contributions. However, it’s also important... Read More

Mapping the Lean Funder’s Equity Journey

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We’ve interviewed dozens of lean funders at various points during their equity journeys over the years. Through those conversations, emails, and a review of documents, policies, and practices, we were able to create a rough map of the lean funder’s equity journey. This journey has four phases: Thinking about equity Making policy changes Building trust... Read More

How Lean Funders Engage the Foundation’s Board in Racial Equity Work

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The most frequent equity question lean funders ask us is: How do I engage my board in racial equity work? Unfortunately, there is not an easy nor straightforward answer. As we interviewed foundation boards and staff across the country in various phases of equity work, we heard two main approaches to engaging the board in... Read More