Effective Family Philanthropy in Action

The Marguerite Casey Foundation (MCF) updated its investment policy statement to align its endowment with its grantmaking work. The foundation’s endowment continues to grow, beating industry benchmarks, while supporting the mission of the organization. Dan Gould, vice president of investments and operations at MCF, outlines four pillars that inform MCF’s values-aligned investing, including diversifying asset managers and engaging in shareholder… Read More

Peter Marks, executive director of The L.B. Research and Education Foundation, received positive feedback from grant seekers who were not selected to move forward in the foundation’s application process. The feedback affirmed Peter’s own experience as a nonprofit grantseeker: funders often fail to provide helpful information in their declination letters. Here, Peter shares a template for other funders to employ… Read More

In 2018, Mary Ann Weiss wrote a post for NCFP about program-related investments (PRIs), their advantages, and the barriers to using them. Since then, the philanthropic landscape has shifted and Mary Ann has built her own experience with PRIs. Learn more about use cases for PRIs and how to get started using the tool to amplify your impact. In the… Read More

As more and more funders request demographic data from their nonprofit partners to ensure that they are funding equitably, grantee burden to provide the data has increased. In an effort to centralize data and mitigate grantee burden, Candid’s data1x initiative has introduced Demographics via Candid. To understand the makeup of the nonprofits they support, individual funders increasingly request demographic information… Read More

For wealth inheritors, having access to a large sum of money they did not earn is a privilege, but often comes with mixed emotions and a deep sense of responsibility. Acknowledging and building a healthy and transparent relationship to wealth can help improve personal and family relationships, deepen connections in community, and ultimately promote greater, and more equitable redistribution of… Read More

NCFP Distinguished Fellow David Weitnauer notes the importance of personal connection among family, board, and staff members in the context of their philanthropy and introduces his research on the concept of giving related. In the drive to improve our philanthropy practices and contribute to greater impact, we often overlook the very characteristic that sets our field apart: family ties. Cultivating… Read More

In recent years, GMA Foundations has worked with the Celia Lipton Farris and Victor W. Farris Foundation to define and hone its grantmaking focus. The process involved deep listening and learning and strengthened grantee relationships.  Cohesive family giving across geography and generations is patient work. Trustees’ willingness to listen to one another and to invest time in grantee relationships translates… Read More