Best Of
Who can submit a grant application?
Do you accept grant applications from applicant organizations that are essentially a one-person incorporated entity (with one individual responsible for all aspects of the grant, including financial management and disbursements)?
If so, how do you approach funding decisions in these situations? Do you fund this type of organization as you would other organizations, or do you apply specific safeguards? If you use safeguards, what kinds have been most effective?
We’re reviewing our approach and would appreciate hearing how others manage this.
Let me know what you think.
Applying Donations to Spendable
We are looking into allowing donors for endowed funds to apply some of their donations to the spendable to the fund. Doing this will allow endowed fundholders to be able to grant more beyond their normal spendable. We want to provide donors with more flexibility in their granting. Is anyone currently doing this? How does it work for your foundation? Do many of your donors utilize this option?
