Choosing which of the many worthy causes to fund is difficult, which begs the question: How bad is it to give to multiple good causes? The answer is: Not bad at all. However, when we approach charitable giving another way—How can we achieve the most with our resources?—the answer is different. That’s because getting focused... Read More
Originally posted to GrantCraft’s blog “It must be so fun to give money away!” We’ve all heard this reaction when we tell people we are staff or board members of a grantmaking organization. And, yes, it is fun. But it’s also hard work. Good grantmaking, as we know, is about far more than reading piles... Read More
Working collaboratively in philanthropy is a powerful tool for funders. Philanthropic collaboration can enhance organizational capacity, keeping lone organizations strong and sustainable over time. Moreover, in a sector where organizations often duplicate services, collaboration can streamline efforts and produce better results. Here are some ways funders are supporting nonprofit collaboration, as well as collaborating with... Read More
Investment fees intertwine with market ups and downs, and both are integral to a foundation’s investment strategy. In low-return environments, higher fees could be a hindrance to higher return, but they might be necessary to reach to that higher return. It is more important than ever to be aware of the fees and costs so... Read More
What’s on the agenda for your board this year? Are you covering the bases of good governance? Maintaining a checklist of annual to-dos can be an easy way to keep your foundation up to date and on-track. A checklist for your board can serve as a reminder of your legal obligations and governance best practices.... Read More