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Grantmaking Should Be Grounded in Real Costs

This article explores what needs to be done in order to ensure that effective grantmaking is grounded in understanding the real costs of operating individual nonprofit organizations.  This article was originally published as Pay-What-It-Takes-Philanthropy, published by the Stanford Social Innovation Review in June of 2016.





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Recommendations for Capital Grantmakers

Between 2010 and 2012, the Arts and Culture Program made 36 capital grants focused on Institutional Capitalization. In mid-2013, the Kresge Foundation sought Nonprofit Finance Fund’s assistance in evaluating the effectiveness of these investments. The resulting report contains findings on trends and themes for the entire cohort, including: models of success and characteristics of organizations with weaker results, an assessment of why the program did or did not produce the desired results, and recommendations for funders interested in supporting capitalization. These lessons will continue to inform the work of the Arts and Culture Program as it pursues new strategic priorities.





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Case for Change Capital in the Arts

“The Case for Change Capital” outlines core principles and practices that can improve capitalization in the sector but that will require changes in behavior by both nonprofits and funders alike. The piece tells how each of the participating organizations is applying change capital to undertake meaningful artistic, organizational and financial change.