Exponent Philanthropy members tell us multiyear grants offer important benefits: Less grantee time and labor to apply and report on grants Less funder time and labor to review applications and reports Greater security for grantees that allows them to look ahead to longer-term goals and plan accordingly A powerful seal of approval that helps grantees... Read More
A start-up is, simply put, an organization that is relatively new. Typical characteristics of a start-up include a strong commitment to the organization’s mission and to delivering services, a vision driven by the organization’s founder, an informal management infrastructure, a small and homogenous board with many members often performing day-to-day tasks for the organization, and... Read More
In its report On the Money, Grantmakers for Effective Organizations describes several financial challenges faced by nonprofits: Restrictions on funding—Despite the importance of infrastructure to nonprofits’ success, grantmakers overwhelmingly prefer to support the direct delivery of programs and services. The result is an underinvestment in the infrastructure nonprofits need to sustain and grow, such as... Read More
Why does Atkinson Foundation, a small-staffed funder, engage in grantmaking abroad? Locally we can make site visits, but that’s usually impossible when the project is in the Bolivian highlands, the Moroccan desert, the Brazilian rainforest, or a rural village in Eritrea or Honduras. Yet, overseas grants justify one-fifth of our foundation’s grantmaking and at least... Read More
In the wake of the dramatic economic downturn in 2008, Exponent Philanthropy heard the following from our conversations throughout 2009 with nearly 400 foundation members: Members stayed the course—Although most members shared concerns about the economy and discussed changes at their foundations in response, they also spoke of business as usual—or, to the best of... Read More
Together with private foundations, donor advised funds (DAFs) are among the most commonly used vehicles for charitable giving. DAFs are accounts held within and managed by another organization, namely, a public charity known as a sponsoring organization. Like private foundations, DAFs offer substantial flexibility to the donor. DAF holders may choose a one-time donation or... Read More