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Scholarships to a for-profit school
Hi everyone, We have an org fund that is the "friends of," or fundraising arm of a for-profit school. The "Friends of" Fund wants to distribute scholarships to the for-profit school to eligible students. Do any of you manage anything similar to this scenario? Thanks for any insight! Lori Sellers Trenholm Director of…
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Welcome to Connected Philanthropy - A new subcommunity for BOTH funders and nonprofits!
The Connected Philanthropy forum is dedicated to creating a collaborative space for funders and nonprofits to share ideas, gain insights and find inspiration to maximize the impact on the philanthropic community. @EricaBarnhart is kicking off this new space in Compass with a discussion about impactful communications. Meet…
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Indiana-based Third Party Accounting
All, we are a nonprofit scholarship org in Indiana that recently switched to Foundant. Our independent, 3rd party accountant who performed monthly reconciliation left and took another job. The firm has assigned someone else, but there has been a slow transfer from the former person to the new person. If we decide to go…
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Using Standardized Test Scores to Evaluate Scholarship Applicants
After making standardized test scores optional on our UA in 2021, we returned to requiring them in 2022. None of our individual scholarship opportunities use test scores for eligibility, but our reviewers have found them helpful in assessing applicants' academics. Given the trend toward colleges/universities not requiring…
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Best Practice for Donor Record Retention in CRM Software
I am wondering if anyone has best practices for how long you keep an inactive donor's record in a database? We keep all donation history in our accounting system but our CRM (DonorPerfect) charges based on number of profiles, so we have been culling some small batches of donor records to stay within the current bracket for…
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Data Capture - Targeted Demographics, Places and Identifying Gaps
Hi, We updated our grant application forms to better assess targeted social minorities applicants aim to serve (e.g. foster youth, persons w/disabilities, etc). We also include an option to check mark all the zip codes an applicant targets geographically to identify potential gaps within our county. With help from…
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Scholarship - room and board
Good afternoon, I have a few questions related to scholarship payments: Do you limit scholarship payments to tuition and fees required for enrollment or attendance at the educational institution, or for fees, books, supplies, and equipment required for courses at the educational institution? Do you allow students to use…
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Hey-o from the East Coast!
Hi Everyone! I wanted to welcome you all to the East Coast Regional Group here on Compass. Eastern time zone employees at Foundant are in the minority for staff members so I get REALLY excited when I speak to other people in my time zone :) I'm a CSM who works remotely for Foundant out of York, PA. Where you all from? I'll…
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Welcome to the Canadian Regional Discussion Group in Compass!
Hello! We have plenty of friends from Canada join-in on Foundant's sector education events like Coffee Talks and webinars. We would love to make this a meeting place for you to share ideas and ask questions of one another. Please join-in and introduce yourself, or just go ahead and post a question or idea here if you have…
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Submitting grants to board for approval
Our board allows staff to approve grants $5,000 or below as long as due diligence has been completed. Our grant committee approves anything above $5,000 via DocuSign. We currently submit an exhaustive list of all grants processed from donor advised funds, designated funds, scholarships, expense to fund, etc., regardless of…
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RFP for Senior Programs/Projects
Hi all, We are planning to open a call for proposals from local nonprofits to support programs/projects focused on seniors specifically. We want to keep the initial RFP flexible and do not want to add many requirements on the type of program it should be however we are thinking we should avoid funding any programs that…
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Challenge Grant Cancellation Letter Example
In GLM we make challenge grant awards with a dollar for dollar match. Once they raise the match we match with our commitment. We have a challenge that isn't going to be met and we need to cancel it in GLM, but I need to send a formal letter advising them of the cancellation. I was wondering if anyone has done this in the…
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Say Hi to your neighbors in Regional Chats!
Let us know where you're from, share an interesting fact about your town (i.e. Did you know it's illegal to use a lasso to catch fish in Tennessee?), and connect with others in your region!
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Benchmarking
We are a community foundation in Central Kentucky looking to establish some benchmarking with similar size foundations. We currently have $30 million in assets in 196 funds. We are particularly looking at this from a growth and staffing standpoint as well as general comparisons. Open to learning and other areas of…
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Job Opportunity-Sacramento Region Community Foundation
Hello Everyone! The Sacramento Region Community Foundation is looking to fill the role of Senior Accountant. Please see the attached job description and if you're interested in the position please apply. Feel free to forward the job description to people you think might be a good fit. Regards, Edward Harris Chief Financial…
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Hiring for Communications Officer at Berkshire Taconic Community Foundation
Hi, everyone! We are looking for a Communications Officer to join our team in Western, Massachusetts. *** Communications Officer Berkshire Taconic Community Foundation seeks a full-time Communications Officer to elevate our mission and amplify diverse community voices and stories that illuminate our work supporting…
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Looking for Community Engagement Officer, Equity and Inclusion, Berkshire Taconic Community Foundati
We are excited to share that we are looking for a new Community Engagement Officer for our Equity Initiative in Western Massachusetts. Email hr@berkshiretaconic.org to apply. *** Community Engagement Officer, Equity and Inclusion Berkshire Taconic Community Foundation (BTCF) seeks a Community Engagement Officer for Equity…
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Must read books for Community Foundation professionals!
I'm building out my 2023 book list and would like to sprinkle in some "must-reads" for community foundation/nonprofit professionals. What are your recommendations?
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Congrats to the February Top 10!
Congratulations to @saraholzawski, @SaraOmari, @LizJones, @SkyeWeber, @CarissaGump, @WandaWillis, @ColbyFetterhoff, @KaitlynThrogmorton, @MadisonLeighty, and @AndrewBishop! 😎 As a thank you for your contributions to our Compass community this past month, you will be entered into a random drawing for a surprise. The winner…
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Easy as 1, 2, 3!
Make the most of Compass with these three steps: 1) Update your profile. Click on your photo/emoji in the top right corner and click Edit Profile. Update all fields and add/update your profile picture to earn the Photogenic badge (10 points)! 2) Update your Notification Preferences. While you're on your Edit Profile page,…
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How do you stay connected with your Board of Directors and committees?
What strategies do you use to keep your Board connected and engaged with your important philanthropic work? Some questions from today's Coffee Talk to think about: What are your policies and procedures for your Board of Directors and Committees? How do you recruit and bring on new members? How do you structure committees…
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Trust-Based Philanthropy
The community foundation I work for is starting research regarding the trust based philanthropy model. I am curious if there are other community foundations out there already engaging in this practice. Can you provide a couple of pros and cons regarding your experience? What has been the biggest challenge?
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Do You Have a (Caramel) Sweet Tooth?
Do you want to earn a box of Bozeman-made Bequet caramels??? All you have to do is post 25 responses to discussions or answers to questions! This is a LIMITED TIME badge to be earned in Compass! So far, 30 members have earned this badge! @CelesteCarlson, @BettieStammerjohn, @KentWeimer, @LisaDiehl @AshleyHarper,…
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Moved: Impact Investing
This discussion has been moved.
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Anyone have a good explanation of Outputs vs. Outcomes for grantees?
Hi there, I continue to struggle to get applicants and grantees to submit outcomes rather than outputs in their applications and annual reports. I am looking to provide a guide/detailed description on our Foundation website and was wondering if anyone has a good resource to share that I might use for our website (credit…
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Moved: Please vote in Idea lab to keep voucher lines in order of entry!!!!!!
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Moved: Does my Idea Lab submission resonate with you??
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Does anyone have experience with non-competitive grant models?
Hello everyone! As grant makers and funders, I'm sure we've all had our moments of wishing that we could fund all of the amazing projects that we have the privilege of reviewing. One of my Board Members recently expressed frustration with the number of applicants we have to turn away due to lack of funds, and posed the…
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Medical School Scholarship?
Hi everyone: Do any of your organizations offer scholarships for medical school students? A donor would like to establish a non-endowed scholarship fund with us for this purpose and wants it to be impactful. I know med school is an expensive proposition, so what amount would make an impact? What is the payment schedule,…
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