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Bringing People Together: How Convening Can Make a Big Difference
Have you ever wondered how getting a bunch of people in one room or space could be a game-changer? Well, convening folks with a common goal is powerful. Given their freedom and flexibility to make things happen fast, lean funders are excellent conveners. Yet, many consider this straightforward tool a funder’s most underrated. The Power... Read More
Legal Basics: 5 Strategies for Keeping Trustees on the High Road
Your board is responsible for ensuring adherence to legal standards and ethical norms. Trustees must ensure that the foundation follows its articles of incorporation, bylaws, and policies, complies with federal and state requirements, and holds to its purpose to serve the public good. The board also serves as the foundation’s moral compass, protecting it from... Read More
How Funders Can Better Equip Grassroots Nonprofits to Diversify Their Revenue
A full version of this post originally appeared on Resilia’s company blog. Most funders already understand the importance of supporting nonprofits with capacity-building resources “beyond the grant” to help them achieve their mission. But where do you begin as a funder with many areas to focus on? One clear area of focus is fundraising. buy... Read More
Making a Significant Shift in Funding Priorities
On a cold day in February 2015 at a board retreat on the coast of Maine, the board of directors of the Emanuel and Pauline A. Lerner Foundation made a big decision. After five years of funding nonprofits in Maine focused on civic engagement, cultural tolerance, and women and children, the board decided to take... Read More
In Support of Sabbaticals
This post originally appeared on Hauʻoli Mau Loa Foundation’s blog. There are a number of studies that explore the value of sabbaticals in the nonprofit sector. The Durfee Foundation is perhaps best known for its advocacy for this tool in the sector. Our Board was convinced it was worth it for us to try out... Read More
Investment Management Request for Proposals: Everything You Need to Know
Effective philanthropy is sustained and powered by prudent investment of the assets you are dedicating to philanthropic purposes. A request for proposal (RFP) is a document, often a questionnaire, that lets you compare investment service offerings, performance, fees, and other value-add services. Whether you’re looking for an investment service provider for the first time, planning... Read More