FavoriteKey Points This article explores how the Financial Health Analysis Tool can bridge the gap between the capacity of grantmakers to conduct financial analysis and the need to incorporate financial considerations into both grantmaking and ongoing engagement with grantees. The tool presents four years of key financial indicators in graphs and charts that create a kind of dashboard of a nonprofit’s financial health over time. This small set of simple metrics highlights patterns and trends that can help grantmakers and nonprofits see how the financial management of an organization is advancing its mission and strategy. Using a series of interviews Read more
FavoriteIn this issue of PEAK Insight Journal, articles focus on how reporting can lead to greater results. Too often, funders are missing the connections, lessons, and relationships that grant reporting could and should be making. Reporting is often our field’s first (and sometimes only) opportunity to explore the space between what we hoped for and what actually happened. Reviewing and responding to a grant report can be a critical part of an ongoing conversation between a grantmaker and its nonprofit partners. Reporting can be designed and deployed to benefit the shared work of the funder and grantee.
FavoriteGrantSafe is a free online 501(c)(3) lookup service specifically for private foundations that lets you quickly and easily confirm the IRS exempt status of any public charity before making a grant.
FavoriteIn this issue of PEAK Insight Journal, we look at the rise of intermediaries and their increasing influence in philanthropy. Intermediaries, sometimes called regranters, are not new to philanthropy, but their use and utility are a topic of much discussion these days. At their core, intermediaries connect the dots between donors and grantees, managing the grantmaking process with expertise gained from thousands of similar transactions. We highlight ways in which intermediaries afford donors the flexibility and capacity to more quickly respond to events and to use more tools to match capital to needs on the ground.
FavoriteWhen funders develop new grantmaking strategies, they should dedicate time and resources to understanding the needs of the issue or population they want to help, identifying best practices and models that are already demonstrating success, and finding the right partners to help them succeed. Putnam Consulting Group gives six steps to successful funding.
FavoriteA Measured Approach. For purpose-driven organizations, data means more than just numbers and graphs–it is about understanding what more you can do to change lives and strengthen communities. The Data Playbook provides the building blocks you need to put data to work for your mission.
Author: The Charles and Lynn Schusterman Foundation
FavoriteThis publication seeks to provide inspiration and early proof of concept regarding innovative practices at every stage of the grantmaking process. The examples and lessons included can act as suggested guidelines for future research and experimentation around more openly and effectively providing access to public money.
FavoriteDue diligence—the process by which a funder assesses an organization before deciding to invest—can cause anxiety for grantmakers and grantseekers alike. In part, this is because it’s poorly understood. In this guide, we dispel five myths, distinguish between legal compliance and the rest of the due diligence process, and clarify legal requirements.
FavoriteThe philanthropy programme at the Hewlett Foundation is changing. Fay Twersky, director of its Effective Philanthropy Group, tells Caroline Hartnell how and why. She talks about Hewlett’s new emphasis on ‘two-way openness’ and collaboration and the need to create incentives to encourage foundations and grantees to be more open. Finally, she offers her views on ‘emergent philanthropy’ and effective altruism.
FavoriteTechnology Affinity Group (TAG) commissioned us for this report on how foundations use dashboards, which combines insights from conversations with 10 different foundations–including previous research on methods for thinking about data-based decision making–to offer a step-by-step process to design and create your own dashboard. To help you learn from the experiences of those foundations that have gone before you, we also included eight detailed case studies of foundations that have created their own dashboards and what into the design and implementation process.
FavoriteCourse covers: Grantees that do and do not require expenditure responsibility How it is exercised (pre-grant inquiries, grant agreements, separate accounts, reports, IRS) How to handle complicating issues (grants with subgrants, grants to private foundations, grants for capital expenditures, grants that support advocacy)