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Cybersecurity Insurance: A Lifeline for Foundations with Limited Resources
As a leanly staffed foundation, you may feel like you’re operating on a tightrope when it comes to cybersecurity. With limited resources and a constant need to focus on your core mission, the thought of investing in robust cyber defenses can seem daunting. However, the reality is that cyber threats pose a significant risk to... Read More
Advocacy: A Crucial Tool for Lean Funders
For far too long, foundations and philanthropists have stayed out of policy debates. Consequently, many nonprofits supported by these foundations have avoided political involvement to avoid upsetting their donors. However, this silence comes at a cost. Advocacy and Lobbying by Private Foundations Funders can support and participate in advocacy and encourage their grantees to do... Read More
Equipping Lean Funders: Key Takeaways From the 2024 Pacific Northwest Regional Events
Exponent Philanthropy members are making a significant impact, serving diverse communities locally, regionally, nationally, and globally. Recently, I had an exciting few days meeting with over 30 members, partners, and supporters in the states of Oregon and Washington. I began my journey in Portland where participants expressed excitement and appreciation for the opportunity to connect... Read More
When Philanthropy Partners, Communities Prosper
This post originally appeared on The Philanthropic Initiative’s blog. “When philanthropy partners, communities prosper.” This was the guiding mantra that tied together Exponent Philanthropy’s 2023 conference in Baltimore, MD that we attended last fall. From the start, we were energized by philanthropic and nonprofit leaders alike echoing the importance of centering community voice for greater... Read More
Governance Best Practices for Foundation Boards
Board Members as Responsible Stewards This article originally appeared in Glenmede’s “Perspectives.” Good governance is at the core of an effective board, no matter the size or complexity of the grantmaking foundation. Sound governance practices help board members be responsible stewards of the assets they oversee and establish a strategic decision-making and administrative framework. Best... Read More
The Power of Flexibility: Why General Operating Support Matters
When funders provide general operating support, they invest in a nonprofit’s mission—not just a specific project. This flexible funding allows nonprofits to decide how best to use resources, whether that means adjusting salaries, investing in technology, strengthening fundraising efforts, or covering operating costs. At its core, general operating support helps organizations stay strong, responsive, and... Read More