Eligibility Exponent Philanthropy programs are open to foundation donors, trustees, and staff; individual donors; donor advised fund holders; members of giving circles; board and staff of philanthropic support organizations; and Exponent Philanthropy sustaining and professional partners. The attendance of any party shall be within the sole discretion of Exponent Philanthropy. Exponent Philanthropy programs are not open... Read More
In Exponent Philanthropy’s 2016 Foundation Operations and Management Report, only 10% of respondents report investing in “alternative” strategies. These investments include commodities, real estate, hedge funds, and private equity, and they are increasingly seen as a way to mitigate the volatility of stocks and bonds. Learn what these asset classes represent, why and how to include... Read More
Paul D. Daugherty Chief Executive Officer Paul received his bachelor of arts degree double majoring in Communication Studies and Political Science at West Virginia Wesleyan College. He has completed graduate courses and advanced training at Marshall University and Georgetown University. When he’s not working on philanthropy and strengthening communities, he spends his time honing... Read More
Program related investments (PRIs) are a special type of grant that gained popularity during the Great Recession to preserve endowment assets while pursuing a charitable mission. PRIs are program tools like grants and should not be confused with other forms of socially responsible investing in which producing financial return is a priority. How does a... Read More
Essentially, a program related investment (PRI) is a loan or investment that counts toward a foundation’s 5% distribution requirement. Rather than funds permanently leaving the corpus of the foundation, the funds go out, do good, and come back to be used again. One relatively easy way to make PRIs is to invest in community development... Read More
The past 10 years have been exciting ones for the Hill-Snowdon Foundation and the Snowdon family. For 40 years prior, we acted as a typical family foundation, coming together once a year to nominally approve grants recommended by family members. We funded some wonderful organizations reflecting the varied interests of the family, but you would... Read More