3 Trends in Philanthropy: Thriving Through Transition, Technology and Teamwork - Key Takeaways

▤ Summary

Funders are balancing their need for fiduciary responsibility with the desire to relieve their nonprofit partners of the administrative burdens so they can devote more of their time and energy to social change. Some foundations, for example, fill out the initial grant request forms for their applicants from publicly available information and then enlist board members to gather more granular details through calls with the nonprofits. They can be given to children or grandchildren in specific denominations so they can make their own philanthropic gifts, and gain the experience of doing research and due diligence on the organizations they want to support. Some foundations are taking an even more strategic role, by getting involved months after a disaster or crisis when media attention wanes, but communities still need help. Foundations are hiring more, with an eye toward staff who can support deeper engagement with communities, have stellar communication skills, and can conduct research.

▦ Linked Companies

Foundation Source

$10M to $25M