I worked for a nonprofit organization for several years and remember taking boxes of letters and envelopes home to fold, stuff, and seal because we couldn’t afford to pay a service to do it. When I started working at a foundation, I overlooked funding needs such as those, I’m ashamed to admit. We as funders... Read More
A fiduciary is anyone who has the legal responsibility of caring for someone else’s money. Foundation board members and investment committee members would generally be called fiduciaries, required by law to be well informed about the assets under their care and to follow a prudent process in caring for them. In this webinar, learn to... Read More
When a grantee suggested a landscape analysis of its field to identify barriers and best practices, our foundation questioned it. Our founders worried the analysis would take too much time, and wasn’t action-oriented. But we trusted the organization and moved ahead with about $70K to fund the study. When it was published, the report provided... Read More
Before becoming executive director of a small foundation in Binghamton, NY, Catherine Schwoeffermann worked in a museum as a cultural anthropologist and curator of folk arts. While at the museum, she also served on grants panels at the National Endowment for the Arts (NEA) in Washington, DC, and at the New York State Council on... Read More
On a Friday in February 2015, I invited 24 organizations to apply for funding in response to letters of inquiry our foundation had solicited. The next day, our board held a retreat to evaluate the foundation’s grantmaking outcomes over its first 5 years. We knew the board wanted to talk about how to increase our... Read More
Private foundations are increasingly considering ways to advance gender issues and equality beyond grantmaking. Women and girls represent half of the world’s population, yet gender inequality persists globally. Gender lens investing, an investment strategy that overlays rigorous financial analysis with gender diverse characteristics, is becoming recognized as one of the most exciting areas of impact... Read More