Impact Investing: Strategy and Action

This guide explains how to take practical steps towards implementing your first impact investment. Developing an impact investing strategy and taking subsequent action steps can be organized into three stages: PREPARE, BUILD, and REFINE. We explore each of these phases in detail in this guide. If you are new to the topic, please refer to the preceding guide, “Impact Investing: An Introduction,” to get oriented.

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Impact Investing: An Introduction

This guide is part of Rockefeller Philanthropy Advisors’ Philanthropy Roadmap series, and acts as an introduction to impact investing. Impact investing, which seeks to generate social and/or environmental bene ts while delivering a financial return, is expanding as a promising tool for both investors and philanthropists. This primer guide includes many resources and a glossary. To begin developing and implementing your impact investing strategy, we encourage you to read our accompanying guide Impact Investing: Strategy and Action

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Expert Q & A: How can grantmakers best read and analyze nonprofit financial statements?

By: Chad Gorski, Senior Internal Auditor at Howard Hughes Medical Institute Understand the goal of the statement analysis and consider the risk assessment needs of your organization: What part of the required due diligence process does it fulfill? How much risk is acceptable? What red flags will impact decision-making? Is a ground-up analysis necessary or can third party info be used? See Project Streamline’s guide on Grant Budgets and Financial Reports, which helps grantmakers think through what information is really needed to make a grant. The Due Diligence Done Well guide from Grantmakers for Effective Organizations is also very useful. Understand the accounting Read more

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2018 Foundation Operations and Management Report

The 2018 Foundation Operations and Management Report is based on the 17th operations and management survey of members of Exponent Philanthropy that was fielded in summer 2017. The 2018 edition of our flagship report includes mission-critical statistics about member foundations’ boards and governance, investments, administration, and grantmaking. It also includes the latest benchmarking data on salary and benefits.

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Certified Nonprofit Accounting Professional Course (CNAP)

The only nationally recognized certification program for nonprofit accounting professionals, CNAP earns high accolades from graduates for its comprehensive curriculum. CNAP offers those on the nonprofit financial management and accounting front line comprehensive training on every component of nonprofit financial management. CNAP topics address issues like: • Financial Reporting • Internal Controls • Budget Development • Governance • IRS Form 990 FMA offers a special discount of $100 off the cost of both the in-person and online CNAP programs to individuals with a LearnPhilanthropy account — use the code LP2020.

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Key Metrics for Philanthropy-Serving Organizations

United Philanthropy Forum’s first-ever 2017 Key Metrics for Philanthropy-Serving Organizations report provides comprehensive benchmarking data and analyses on the governance, finances, membership, services and programs, and operations of regional and national philanthropy-serving organizations (PSOs). Download the executive report — the full report is for members only.

Categories: Governance, Financial Stewardship

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Investment 101 and Transformative Finance

This webinar explores how justice, power, and finance can work together to contribute to meaningful social change, and includes a grounding in “Investment 101” to help us all have the same language.

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A Date Certain: Lessons from Limited Life Foundations

This report illustrates the ways in which limited life foundations approach spending down in nine key areas, including investing, grantmaking and strategy, and communications. The results show that most leaders of limited life foundations choose to spend down because of the belief that it will lead to greater impact. And though these foundations’ leaders wrestle with a similar set of issues in their work, the interviews revealed that there is no one way to spend down.

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Foundation Payouts

In the first Alliance Audio series, editor Charles Keidan hosts a roundtable discussion with Angela Kail (Head of the Funder Team, New Philanthropy Capital), Cathy Pharoah (Co-Director of the Centre for Giving and Philanthropy, Cass Business School, City University London), and Jake Hayman (CEO of Ten Years’ Time) on the topic of philanthropy sector payouts. Following on from their pieces in Alliance over the last few months, these philanthropy experts and practitioners discuss the controversial topic of payouts; why they should be imposed, why they should not be imposed, and what they might mean for the sector as it stands at the Read more

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Offshore philanthropy

Organized philanthropy exists because a few individuals are able to accumulate a vast surplus of resources. Given how much good is done with philanthropic donations, it seems ungrateful to look too closely at the source of that money. Yet recent financial data leaks, including the Panama Papers and the earlier HSBC Swiss Files, act like glasses for the myopic—they bring into focus one of the wealth management practices that enables private individuals to hold on to resources. Moreover, a number of named individuals are well-known philanthropic donors. With these revelations, the sector should look hard at the uncomfortable ways in Read more

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Program-Related Investments

Why is it that private foundations spend so little of their endowment on mission investing? Is there an opportunity to make it bigger? In this paper you will find an explanation of the barriers to mission investing, also known as Program Related Investment and Mission Related Investment, and a concluding hypothesis about what it will take to help remove the barriers.

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Ramping Up Your Foundation

This guide is designed to help foundations thoughtfully and responsibly plan for a significant ramp up in giving and/or adjust to a sudden infusion of assets. Drawing on the experiences of a number of foundations that have undergone this transition, the primer addresses key considerations for foundation leadership in the areas of governance, staffing and operations, grantmaking and evaluation, investments, and tax and legal arenas.

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Essentials of Impact Investing: A Guide for Small-Staffed Foundations

This actionable guide to impact investing will help those new to the field get started. It includes definitions, key questions to consider, resources, and case examples from small foundations across asset classes and issue areas.  

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Foundation Grantmaking over the Economic Cycle

This 2015 brief covers a conference discussion on whether grantmaking might productively be made more countercyclical and examines changes in foundation grantmaking between 1997 and 2010, largely based on National Center for Charitable Statistics data.

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Program-Related Investment Rules for Private Foundations

This free (and fun) video course defines and helps the user understand the basic legal rules for program-related investments. The video guides the user through the PRI process, and discusses how these investments can support the organization’s programmatic work and/or expand the organization’s charitable work. The training features “Maya,” a program officer that helps participants through the course in a way that reflects actual experiences.

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Giving While Living: The Beldon Fund Spend-Out Story

This monograph, “Giving While Living: The Beldon Fund Spend-Out Story” PDF, examines how Beldon handled the practical implications of putting the foundation on a ten-year spend-out course while seeking to accomplish an ambitious mission. Though it draws on historical materials – reports, strategy papers, financial models, written policies and external evaluations – the context and insights come from interviews with key staff members, grantees, John Hunting, and board members. Available for download at FOLIO, a project of the Foundation Center and the IUPUI University Library’s Ruth Lilly Special Collections and Archives, https://folio.iupui.edu/handle/10244/357  

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Who Manages the Money?: How Foundations Can Democratize Capital

A case study examines how the W.K. Kellogg Foundation has begun to utilize diverse investment managers in partnership with Progress Investment Management Company.

Categories: Beyond the Grant , Financial Stewardship

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Rural Fund Development 101:Starting and Growing Rural Community Endowments

Across rural America, people are joining together to launch and grow community endowments. Local residents are using the interest earned on these community endowments — and the local energy and leadership that come from building them — to improve the quality of life for people, organizations and the places they call home. This guide, Rural Fund Development 101, will help you understand the basics of community endowments and how to create one.

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