This guide is for professional advisors whose clients want to formalize their charitable giving through a giving vehicle such as a Donor Advised Fund (DAF) or a private foundation. Experienced professional advisors know that helping clients find the best giving vehicle available for them creates a win-win situation. The clients will be happier with a vehicle that is a... Read More
For more than two decades, Foellinger Foundation has provided capacity building grants to nonprofits in Allen County, Indiana. We are proud to support the external work those organizations do in our community, and we are equally proud to support the important work they do internally to improve their effectiveness. In 2018, we reflected on the... Read More
Foundations typically approach most grants as a team sport, debating their merits and deciding, collectively, whether they’re likely to achieve the foundation’s goals. However, in addition to granting as a group, some foundations give their board and/or family members a portion of funds to donate as individuals. This practice, called discretionary grantmaking, is legally permitted... Read More
Directly across from the standing desk I use is a bookcase. When peering over my monitor, I’m drawn to the top shelf where, kept at eye level, is a stack of books I have read. They sit there as reminders of concepts I want to have right in my face as I work in philanthropy.... Read More
In the first and second blog in this 3-part series, Fran Sykes reflected on how her board’s decision to sunset spurred the foundation to stretch and expand its vision, and try to establish a legacy in its limited time. The second blog ended with these questions: What lessons have we learned? What can we pass on... Read More
Download a charter for a nominating committee to seek and nominate qualified candidates for election or appointment to a foundation’s board of directors. Read More