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Great article. This is what keeps me up at night, not the least because the things that are likely to make grantees love a foundation (tons of multi-year general operating support with little or no reporting) are not necessarily indicators that the foundation's making an impact. Similarly, a charity's ability to attract funding is not necessarily an indicator that they are making more of an impact than a similar organization with a less savvy development and marketing team. Having grantees that can be honest with a foundation about how it operates and the impact it is really having on the organizations and issues it funds is critical.
How the Lack of Market Feedback Puts Foundations at Risk and What Some Funders Are Doing About It
Quick: What's the difference between a private foundation and a public charity? To answer, you could consult the Internal Revenue Code, or you might just as easily say: "One has money and the other needs it." This simple truth carries profound consequences for foundation decision-making and cul...
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Oct 13, 2016
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