Listening. It’s a skill we’ve been talking about a lot here at Exponent Philanthropy. Why? First, because we believe that listening is an essential skill for effective philanthropy. When—and only when—we listen deeply and humbly to those we serve, can we learn about their true needs and how we can partner most effectively to create... Read More
As a donor, you not only have the power to identify effective nonprofits but to build and strengthen the ones most aligned with your goals. Excellent nonprofits are often made, not found. Identifying the impact you want to make will help you narrow the field of potential grantees to those that fit your values, goals,... Read More
Given the tremendous and rapid changes in resources and community needs during the Great Recession, foundations reevaluated their work and responded to this new and complex environment. For guidance, some foundations turned to other organizations and experts for recommendations. Others looked inward and used their own missions, values, and histories to respond. What does it... Read More
A fairly simple review using any of the following sources will give you information about a nonprofit’s finances. As you get more comfortable with financials or seek detailed information about particular organizations, you can examine financials more extensively: Charity rating services—These Web-based rating services are great starting points for information about nonprofits you are considering.... Read More
10 Ways To Streamline Principles for Peak Grantmaking helps funders reduce the burden of their requirements so grantseekers can dedicate more time to mission-based work. Here are some of their recommendations for streamlining: Right-size applications and reports for small grants. Many foundations ask grantseekers and grantees to complete the same application, regardless of grant size... Read More
When initiated from the ground up—from the nonprofits themselves—collaborations can serve communities effectively and efficiently. Strong collaborations maximize nonprofits’ impact by providing administrative stability; decreasing duplication, competition, and overlap of services; and bringing more diverse approaches to complex social and environmental problems. Funders are uniquely positioned to cultivate and support nonprofit collaborations, and to do... Read More