By Henry Berman, Exponent Philanthropy
More small-staffed foundations are engaging in activities beyond traditional grantmaking, according to Exponent Philanthropy’s 2017 Foundation Operations and Management Report released yesterday.
The only study that captures benchmarks for foundations that operate with few or no staff, which comprise the vast majority of the philanthropy sector, the report details trends in foundation grantmaking, operations, investments, and governance, based on responses from 495 association members.
The report highlights upward trends in strategies for increasing impact, including:
- Reviewing grantmaking strategies regularly
- Sending board members to conferences or education
- Bringing in speakers or resources from the field
- Gathering feedback from grantees about the foundation