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2023 Outsized Impact Award Finalists
The Outsized Impact Award honors an individual at an Exponent Philanthropy member organization whose style of philanthropy is achieving outsized (or greater than expected) impact. Read about the inspiring work of our 2023 finalists » Sheena Solomon The Gifford Foundation (Syracuse, NY) As Executive Director of The Gifford Foundation, Sheena Solomon envisions solutions to systemic problems, helping the... Read More
How To Create an Investment Policy Statement
An investment policy statement (IPS) is the starting point and bedrock of a foundation’s investment strategy. It constitutes a road map for how the foundation plans to achieve and support its stated mission and giving goals through its investment strategy. A foundation’s IPS is a guiding force for the organization, so in the beginning, expect... Read More
Philanthropic Impact: Key Strategies and Factors
As foundations strive to make meaningful change in support of their missions, understanding what leads to philanthropic impact is crucial. In the 2023 Foundation Operations and Management Report, foundations named insufficient grantmaking impact as one of their top challenges. In this blog, I’ll discuss a few factors that drive impact, as well as strategies for... Read More
Partnerships Equal More Impact
When lean funders combine their grantmaking, influence, and passion, they have more impact than either could individually. The Leighty Foundation (Juneau, AK) and the Lodestar Foundation (Phoenix, AZ) both believe that strategic volunteer engagement can advance the missions of funders and their grant partners. Volunteers are often the first to respond to pressing community needs.... Read More
How Leanly Staffed Foundations Give Employees Health Insurance
After time off and retirement plans, health insurance is one of the most common benefits small-staffed foundations offer staff. Consider, in the 2023 Foundation Operations and Management Report, 78% of foundations offered health insurance for full-time staff. One of the most frequent topics on our Member Discussion Community is how to best go about securing... Read More
A Call for Catalytic Leadership in Philanthropy
Philanthropy is ever-changing. Pressing issues and seismic political, economic, and technological shifts move us to revisit how we work regularly. Urgency, passion, curiosity, and the desire to engage drive some lean funders (those with few or no staff) to center their giving around authentic relationships with grantees and community members. This type of Catalytic Leadership... Read More