Grantmaking Series: Tips for Giving to Different Types of Organizations
Summary
When considering a grant to a large institution, it’s a best practice to talk to the foundation’s relations staffer and not the staff person soliciting individual gifts. One staff member may reach out to alumni for checks, while someone else may work with high-net-worth (HNW) individuals or wealthy parents of current students. When it comes to HNW gifts, the individual writes a substantial check and the transaction is done—they’re not asking for reports or for any stipulations or programs, in other words. For example, if the grantee is in a hurry to advertise that money came in, such as to raise funds for an upcoming match or a big event, there are ways to put it in writing that a foundation is working on this grant so that they can talk about it publicly to attract other funders. Whether you choose an individual, dedicated session with our subject matter experts or want to join like-minded peers in a small group setting, our virtual engagements are here to support your foundation’s unique needs and help you grow, adapt and thrive.
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