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Foundations

Diminishing government funding has focused more attention on philanthropic giving by foundations. Funders want to be more than what Dwight MacDonald of the Ford Foundation cheekily defined as “a body of money completely surrounded by people who want some.” By establishing decisive social benchmarks that can realistically be achieved, you can distance yourself from being an ATM and take an active role in effecting change in the sector.

Key Challenges

Measuring impact

Funders are under greater scrutiny than ever to show proof of their impact and make every dollar count. An impact measurement plan acts as a touchstone for every funding decision you make, allowing you to quickly gather and disseminate results to your stakeholders.

Eliminating silos

Harness the power of productive collaboration. By strategically seeking out partnerships with charities and related foundations, you can yield better results for your cause. Making lasting change means bridging the experience of like-minded innovators in the sector and forging a concentrated alliance.

Governance

Tackling governance issues from finding the ideal candidate to advance the important work of your foundation, to clearly understanding the board’s roles and responsibilities requires reflection and guidance. Manage unexpected departures or burnouts, EDI concerns, and ensure you are effectively representing the communities you serve by strategically planning for all possibilities.

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