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Moving From Idea to Initiative
There’s never a shortage of good ideas, but how do you move from a board table vision to a broad-based collaboration? After more than 20 years funding individual programs in its mission areas, The David and Lura Lovell Foundation began to focus on broad-based community, regional, and national initiatives to change systems, address root causes,... Read More
Involving Non-Family Members in the Foundation
Many of our clients consider whether to involve non-family board members either early in the formation of their foundation or at some point during the foundation’s growth and development. This article discusses factors to consider in determining whether and how to include “outsiders”: the selection criteria of non-family members for board service; practices to ensure... Read More
Why Your Net Grant Matters
When you make a $10,000 grant, the value to your grantee may be $9,000. When you make a $20,000 grant, the value may be $17,500. Grantees incur costs preparing your grant application. Time is money, and it takes time for nonprofits to fit language to your unique questions and format, and customize financial documents to your specifications. Nonprofits... Read More
How Funders Can Build and Sustain Cross-Sector Partnerships
Though many of us support partnerships between grantees, our role is often limited to grant-related financial transactions. Time and again in our work at the Crimsonbridge Foundation, we’ve found that going beyond grants to be partners alongside our grantees has a multiplying effect on our philanthropic dollars. One example is our decade-long partnership with the... Read More
Summer Listening: Try These 9 Social Good Podcasts
Summer road trip? Day at the beach? Looking for something new for your playlist? Check out these popular podcasts to enrich and elevate your giving—and be sure to let us know what else you’re listening to! The Life You Can Save The Life You Can Save works to change the culture of giving in affluent... Read More
Take a Step Back and Think About Your Impact
This spring in Minneapolis, a group of funders met at the Minneapolis Jewish Federation to learn about updates to their grants management software and step back to think about their impact. As we started to talk about impact, I was asked the two questions I hear in almost every discussion on the subject: What is... Read More