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Results for:   Type: “Private Foundations”  

5 Ways Relationships Matter: Tips From Foundation Executive Directors

For a number of years, it has been our privilege to offer programming and resources geared to the unique needs of foundation executive directors. Most come to this work from outside philanthropy, through a mix of skill and serendipity, and work up, down, and across their organizations, often as sole-staffers or in very small offices.... Read More

Strategies for Educating and Developing Your Board

Educating and developing board members can be a challenge for even the most well-intentioned foundations. Board members’ time and energy can be limited. Longstanding board members can grow increasingly comfortable in their roles and with their colleagues. Grantmaking decisions and general business can easily fill agendas. And yet, we know from our foundation members that... Read More

Why Foundations Should Reconsider Warren Buffett’s Advice

It is a risky proposition to take issue with any advice offered by Warren Buffett. Recently Marc Gunther, a notable philanthropy and sustainability reporter, wrote an article entitled Warren Buffett Has Some Excellent Advice For Foundations That They Probably Won’t Take. In the article, Mr. Gunther quotes part of the renowned investor’s annual letter: “When... Read More

Transform Your Bookkeeping With These Simple T’s

Producing audit ready financial records for a private foundation can be an intimidating task—even for financial professionals. With fiscal year-ends that may differ from a calendar year (they do at roughly 50% of private foundations according to Thomas F. Blaney, CPA, CFE and partner, director of foundation services at PKF O’Connor Davies)—there often is no simple... Read More

Refining Our Foundation’s Capacity Building Framework

For more than two decades, Foellinger Foundation has provided capacity building grants to nonprofits in Allen County, Indiana. We are proud to support the external work those organizations do in our community, and we are equally proud to support the important work they do internally to improve their effectiveness. In 2018, we reflected on the... Read More

Ask Your Way to Impact: Funder Dialogue

How can a small foundation with a limited grantmaking budget leverage its resources to make an even greater impact? This post shares questions to ask other funders in the pursuit of impact.  If one thing is certain about philanthropic impact, it is that the path there isn’t as direct as one might think. Rather, it’s windy... Read More