FavoriteMany in our sector are talking about big ideas such as equity and inclusion, narrowing the power gap in our sector, being authentically engaged in our communities, listening and learning from our partners, and living our values in our practice. We can help the sector move beyond conversation to action. We believe our members have the power to bring tangible, real-life, and practical implementation to these big ideas to build a bridge between strategic vision and action. To this end, we support their professional growth through developing the competencies that will help them lead this change.
FavoriteThe Council on Foundations takes a leadership role in shaping community foundations’ self-regulation by promoting The National Standards for U.S. Community Foundations®, an accreditation program created by community foundations for community foundations. They are peer-driven, voluntary, and self-regulatory.
Favorite The Connecticut Council’s Board of Directors offers these Guiding Principles and Effective Practices to its members and other Connecticut funders to articulate a shared commitment to excellence and to serve as a guide for Connecticut funders as we pursue our missions. Subscribers to these principles share a commitment to the public trust and adhere to the highest standard of ethical behavior in all aspects of our work.
FavoriteA 501(c)(3) nonprofit organization may be classified by the IRS as either a public charity or a private foundation. Except for those nonprofits that are granted automatic charity status, such as churches, it is the organization’s responsibility to notify the IRS, by filing Form 1023, that it wants to be a public charity. Otherwise, it will automatically be categorized as a private foundation. Ensuring a correct categorization is important, because different regulations apply depending on your organization’s classification. This paper is designed to help you decide whether your organization should apply for public charity or private foundation classification.
FavoriteCEP analyzed survey data from 145 foundation CEOs and more than 15,000 grantees and systematically reviewed more than 70 foundation websites. This report reveals that funders see grantees as the primary audiences for their transparency efforts, and both foundations and grantees believe transparency about the substance of foundation work, rather than about financial disclosures or governance, matters most to effectiveness.
FavoriteAs part of the Minnesota Council on Foundations continuing efforts to help foundations maintain and improve the effectiveness of their work, MCF has prepared several comprehensive resources to help foundations conduct their work legally and ethically. Principles for Grantmakers & Practice Options for Philanthropic Organizations What Every Grantmaker Should Know & Frequently Asked Legal Questions
FavoriteFashions in philanthropy can be every bit as startling as the catwalk: evaluation methods and grantmaking approaches change as fast as hemlines. But one fashion that is probably here to stay (a bit like men’s suits) is transparency, which makes it worth taking a longer look at. Transparency for funders is a helpful idea, but it’s not a panacea. If private foundations and grantmakers think it is, then their attempts to bring a measure of sunlight to a sector shrouded in mist are likely to fail or, much worse, do damage. We need to recognize that glass-pocket principles need to be Read more