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When Saying No Can Be Almost as Helpful as Saying Yes
Every nonprofit loves to hear that it received a grant or a donation. Likewise, every nonprofit hates to hear that it missed out on an opportunity for funding. But do you know what nonprofits hate the most? No answer. Sometimes as funders, we get caught up in the day-to-day hustle and bustle of our philanthropy,... Read More
The Mutual Benefit of Funding Consultant-Led Organizational Assessments
Small funders have limited grantmaking capacity and must think about how to use those funds strategically to help their key nonprofit partners. When a funder can offer a nonprofit partner a fully-sponsored organizational assessment process led by a qualified consultant, it can be an instructive experience for both the grantee and the grantmaker. Whereas larger... Read More
Bracing for Market Volatility
For the past few years, investors have enjoyed a long period of relative calm in the markets. In recent months, however, market volatility has begun to rear its head. This volatility can naturally be unnerving, but one must remember that volatility is, in fact, a normal part of the investing cycle. Those of us that... Read More
Refining Our Foundation’s Capacity Building Framework
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
Discretionary Grantmaking: Should Your Foundation Let Members Go Solo?
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
The Newest Book to Guide—and Challenge—My Philanthropy
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