Here are ideas for foundations—new or well-established—looking to expand program areas or grantseeker pools: Distribute your mission and guidelines on your website or at local nonprofit events. Talk with other foundations that have similar program interests. They sometimes can refer grantees to you. Ask if your regional association of grantmakers publishes a directory of funders.... 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
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
“Few tasks in the foundation world prove as interesting, rewarding, and exhilarating as the site visit,” write the authors of Grantmaking Basics: A Field Guide for Funders. “Site visits can lift your spirits and enliven your day by reminding you precisely why you chose to work in the foundation world.” Make the most of your... Read More
Most funders ask grantees—prospective and current—to customize their budgets and financial information to fit the funder’s requirements. Project Streamline, a collaboration of grantmakers and grantseekers working to improve application and reporting practices, recommends a different way: Make requests for nonstandard information the exception rather than the rule. Consider the real costs to nonprofits of customizing... Read More