In the first and second blog in this 3-part series, Fran Sykes reflected on how her board’s decision to sunset spurred the foundation to stretch and expand its vision, and try to establish a legacy in its limited time. The second blog ended with these questions: What lessons have we learned? What can we pass on... Read More
Directly across from the standing desk I use is a bookcase. When peering over my monitor, I’m drawn to the top shelf where, kept at eye level, is a stack of books I have read. They sit there as reminders of concepts I want to have right in my face as I work in philanthropy.... Read More
Foundations typically approach most grants as a team sport, debating their merits and deciding, collectively, whether they’re likely to achieve the foundation’s goals. However, in addition to granting as a group, some foundations give their board and/or family members a portion of funds to donate as individuals. This practice, called discretionary grantmaking, is legally permitted... Read More
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
Joe Wilson, founder of the Xerox Corporation, and his wife, Peggy, formed the Wilson Foundation in 1963. A few years ago, we engaged in strategic planning to revisit our giving priorities. At the time, our board had 24 members that spanned three generations, and were spread across the country. In order to achieve our impact... Read More
The Lerner Foundation had only been making grants for five years when the winds shifted—the board of directors decided it was time for a profound change in our priorities. Our founding purpose is simple and straightforward: “to further opportunity for the people of Maine.” Manny and Polly Lerner’s broad and hopeful intention gave us the... Read More