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How To Create an Investment Policy Statement
An investment policy statement (IPS) is the starting point and bedrock of a foundation’s investment strategy. It constitutes a road map for how the foundation plans to achieve and support its stated mission and giving goals through its investment strategy. A foundation’s IPS is a guiding force for the organization, so in the beginning, expect... Read More
Understanding the Modern Grantee Experience
Grant applications are an important touchpoint for nonprofits and grantmakers alike. Recently, Blackbaud has been taking a hard look at the modern grantee experience for those who use our portal for grant applications. We wanted to know if the grantee portal afforded our funder clients the flexibility to get the information they needed, while also... Read More
Philanthropic Impact: Key Strategies and Factors
As foundations strive to make meaningful change in support of their missions, understanding what leads to philanthropic impact is crucial. In the 2023 Foundation Operations and Management Report, foundations named insufficient grantmaking impact as one of their top challenges. In this blog, I’ll discuss a few factors that drive impact, as well as strategies for... Read More
Partnerships Equal More Impact
When lean funders combine their grantmaking, influence, and passion, they have more impact than either could individually. The Leighty Foundation (Juneau, AK) and the Lodestar Foundation (Phoenix, AZ) both believe that strategic volunteer engagement can advance the missions of funders and their grant partners. Volunteers are often the first to respond to pressing community needs.... Read More
How Leanly Staffed Foundations Give Employees Health Insurance
After time off and retirement plans, health insurance is one of the most common benefits small-staffed foundations offer staff. Consider, in the 2023 Foundation Operations and Management Report, 78% of foundations offered health insurance for full-time staff. One of the most frequent topics on our Member Discussion Community is how to best go about securing... Read More
What Grantees Want: Publicizing Your Partners and Their Work
Do you actively publicize your grantee partners and the work they do? If not, you should strongly consider it. Whenever we field our Grantee and Applicant Perception Surveys (GAPS), respondents frequently express wanting funders and foundations to do more to publicize their organizations and work. The following anonymous quotes are a small sample of what... Read More