Q&A's Archive - Page 4 of 36 - Exponent Philanthropy

Q&A Archive

What is discretionary grantmaking?

Discretionary grantmaking is the practice of allowing board members (and in some cases, committee members, family members, or staff) to direct a portion of grantmaking dollars to organizations of their choice. While the board is legally responsible for all discretionary grants, they’re generally approved without extensive review or discussion. Discretionary grants are truly made at... Read More

Can a private foundation count administrative expenses toward its annual distribution requirement?

From a tax law perspective, a private foundation may pay “reasonable and necessary” administrative expenses—and count them toward its annual distribution requirement—without subjecting the foundation or its managers to a penalty tax. These expenses must be (a) related to the accomplishment of the foundation’s charitable purposes, (b) related to its investments, or (c) payments of... Read More

Where can I find the schedule and registration for the 2021 Virtual Annual Conference?

Our community’s Annual Conference is designed specifically for and by lean funders—those who give with few or no staff. We are a genuine community that supports and inspires each other even through difficult times. Exponent Philanthropy is where you can let your guard down and talk about the challenges and issues affecting the communities and... Read More