Foundations are always looking for leverage. Where and how can we invest our limited assets to get the best returns? Will our grantees survive these times of shrinking resources and growing needs? As investors in the nonprofit sector who look for innovative ways to maximize our efforts, we must challenge ourselves to better support and... Read More
Senators Chuck Grassley (R-IA) and Angus King (I-ME) introduced bipartisan legislation that aims to reform private foundations, and ensure that charitable dollars held in donor advised funds (DAFs) are distributed to working charities in a reasonable period of time. A joint press release states: “Donor-advised funds currently have more than $140 billion set aside for... Read More
The idea of virtual board meetings has been around since conference calls first began. However, these often were only used as a last resort and gave way to board retreat weekends filled with activities, catered meals and a focus on community building. The goal of these activities is to help form strong relationships to help... Read More
Money affects power dynamics in relationships and as donors, we have the responsibility to send money carefully. When considering alternatives to a traditional funding approach, participatory grantmaking leverages knowledgeable input and democratic checks and balances. Being participatory is more than soliciting outside advice; it means inviting people at the center of the work to participate... Read More
People sometimes compare the foundation/grantseeker courtship to the dating process: Funders and grantseekers are looking to find each other and build long-term relationships. Sometimes the chemistry is there; other times, it isn’t. Rejection is an inevitable part of this process, so learning to say no politely and confidently is an essential skill. That said, let’s be... Read More
An effective communications strategy can amplify a foundation’s impact by lifting up the successes of its grantees and other partners, elevating the causes that matter most to the organization, and connecting ideas, people, and resources around a common purpose. Every foundation, regardless of size, can reap the rewards of integrating a strategic communications approach into... Read More