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Why We Accept Proposals Written for Other Funders
A few years ago, the Robert Sterling Clark Foundation painfully let go of important issues and organizations, believing we could do more for New York City by focusing our giving. Our board of directors decided to invest in city leaders, their networks, and the organizations that develop them. After that, we started to rethink how we... Read More
Preventing Wire Fraud at Foundations and Family Offices
Wire fraud is a daily danger. Cyber-security filters may stop 90%+ of attempts, but some still get through. For international clients, efforts are especially focused when US, European and Asian bank holidays are out of sync. Scammers want to prevent you from verbally verifying a wire request, since the requester’s office is closed. Here are other... Read More
Lessons From Launching an Impact Investing Portfolio: One Family Foundation’s Journey
We established the Richard W. Goldman Family Foundation in honor of our late father. The foundation aims to promote equality and reduce barriers to opportunity for marginalized families. It does this by increasing access to education, health and financial resources during early childhood. We enthusiastically explored impact investing in 2016, but didn’t know how to... Read More
More Lean Funders Should Consider General Operating Support
General operating support helps support a nonprofit’s mission, rather than specific programs or projects. Grantees can use funds to strengthen the organization, or further its charitable purpose as they see fit. For example: salaries and overhead, investing in technology, furthering fundraising efforts, and more. Philanthropists working with few or no staff are uniquely positioned to offer... Read More
7 Types of Successful Philanthropists
Understanding the type of funder you are, and matching with like-minded nonprofit leaders, is one of the most important building blocks to achieving your funding goals. As nonprofit development consultants, we create funder profiles to help our clients better understand the various types of philanthropists, and how to best engage them. What Type(s) Of Philanthropist... Read More
Help Us to Expand the Philanthropic Landscape to Support Native Americans
Native American communities are often overlooked. Though they represent nearly 3 percent of the US population, they have historically received roughly 0.5 percent of philanthropic dollars. To help address this, PEAK has been a part of a tribal entities working group, facilitated by TechSoup, to identify and amplify equitable funding practices with respect to Native... Read More