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Much More Than Money – The Impact of Small Rural Foundations
When most people think of foundations, they think of deep pockets. That’s understandable, since the popular public perception of philanthropy has been shaped by the creation of multimillion-dollar foundations by titans of old, and enforced by the glamour of new foundations launched to much fanfare by today’s billionaires. In rural communities, the creation of big-dollar... Read More
Increase Foundation Cash Flow, Conservatively
Kelly is a foundation trustee who, during a recent review of the foundation’s investment portfolio, learned that income generated by the portfolio was not enough to fund the foundation’s charitable activities—the required 5% annual distribution. Although the portfolio’s returns were good, cash flow was an issue. Kelly wondered about a conservative way to generate cash... Read More
How Planning to Close My Foundation’s Doors Was the Right Business Model: Part 2
In the first 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. In this blog, Fran describes their plans and assumptions, and how their path took them into new territory.... Read More
We Achieve Our Greatest Impact Through Nonprofit Leadership Training
“Whatever may be said about human beings, they are, as a whole, a family.” Our co-founder, Helene Foellinger, stated this publicly in 1954 and cast the vision for the foundation she and her mother would create four years later. They believed that, as individuals and a community, we have a duty to uplift each other... Read More
None of Us Has Any Wiggle Room on This
Throughout the year, I write to our member donors to pass along insights I gather in my dual role as Exponent Philanthropy member and CEO, and to provide a special window onto our activities. My most recent communication sparked many positive notes in return, and I’m pleased to share it here with our broader community. I’ve... Read More
Are You the Bottleneck to Effective Giving?
Originally published by Forbes (February 19, 2018) Are you damming up philanthropic progress by paralyzing decision making and workflow? Nature abhors a bottleneck. Take a look at any stream or river and you’ll see what happens when debris piles up. The water will eventually find a way around, over or through, and the results can... Read More