Grantmaking Should Be Grounded in Real Costs

FavoriteThis 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.

The Social and Economic Impacts of Healthy Food Financing

FavoriteLaunched in July 2011 by a broad coalition of public and private partners led by the California Endowment, the $273 million California FreshWorks program provides loans and grants to grocery stores, farmers’ markets, and other food retailers that offer nutritious, affordable food options in communities where such options are scarce. In order to better understand the California FreshWorks program’s food access, social, and economic impact to date, the California Endowment commissioned the first-ever third-party evaluation of the program. The evaluation also sought to document key challenges and lessons from the development and implementation of FreshWorks.  

Aligning Capital with Mission

FavoriteIn an effort to support the broader mission investing field, Aligning Capital with Mission offers, for the first time publicly, findings that highlight the strong alignment of The Annie E. Casey Foundation’s Social Investment Program’s impact with the Foundation’s mission and programmatic goals. The report also offers lessons and insights surfaced during the course of the evaluation that can inform foundations and other impact investors in more effectively measuring the impact of their investments.  

Breaking Down Creative Placemaking

Favorite What exactly is creative placemaking? The simple answer is any artistic or creative effort to make a particular community stronger. There are literally hundreds of communities carrying out creative placemaking projects across the U.S. – and countless more around the world. Here are two particularly strong examples, both supported by The Kresge Foundation. .

Foundation Board Basics

FavoriteA grantmaking foundation is a charitable tax-exempt organization whose primary function is to distribute funds for charitable purposes. Private foundations are typically formed by individuals, families, or corporations. Regardless of whose generosity is benefiting worthy causes, a foundation needs a governing board (or a board of trustees as foundation board members often are called) because it is structured as a tax-exempt organization. In principle, the role of the foundation board does not differ from that of other nonprofit boards, but foundation boards have specific challenges.

DEI Self-Assessment

FavoriteThis self-assessment is a tool for identifying areas of work that your foundation is already engaged in and opportunities for growth. We invite you to complete the assessment to: Capture your foundation’s current situation Spark conversations about DEI and what is possible Identify tangible action steps that will improve your foundation’s effectiveness and strengthen its relevance in our increasingly diverse society