Foundation leaders consider the strengths, limitations, and potential of program related investments (PRIs), a form of impact investing intended to further a foundation’s programmatic and charitable goals.
Many philanthropists don’t seriously consider the sustainability of social programs, while public funds often go to projects with no proven record. To be more effective, philanthropists should fund more early scaling efforts, and then hand off successful projects to public payers.
Grantmakers and nonprofit leaders at the Donors Forum—an annual convening in Illinois to advance social change institutions—discuss the real cost of running an effective nonprofit and why it is essential for grantmakers to support indirect costs.
Cultivating our society’s most creative thinkers like venture capitalists—supporting them early, continuously, and strategically—can lead to social impact far beyond the art world.
Philanthropist Josh Bekenstein of Bain Capital explains how philanthropists unwilling to cover nonprofits’ indirect or overhead costs are missing the opportunity to completely support that organization’s mission.
With an understanding of these 10 funding models, nonprofit leaders can use the for-profit world's valuable practice of engaging in succinct and clear conversations about long-term financial strategy.
A decade of applying the collective impact approach to address social problems has taught us that equity is central to the work.
Too many people believe social value is objective, fixed, and stable, when in fact it is subjective, malleable, and variable.
To do as much good as possible with limited resources, funders should look to woefully underfunded protest movements.
Racial bias creeps into all parts of the philanthropic and grantmaking process. The result is that nonprofits led by people of color receive less money than those led by whites, and philanthropy ends up reinforcing the very social ills it says it is trying to overcome.
