Working with Foundations Mary Hunt-Lieving Senior Program Officer
What is a foundation? Nonprofit Funds from one or more sources Supports eligible, charitable purposes Some Foundations are not grant makers. Think-tanks for example
Basics of Foundations (grant makers) Endowments Invested Some are ‘perpetual’ (% in grants) Some are ‘pass through’
Types Private: one source Family: donor family involvement Operating: provide charitable services Independent: generally do not raise funds Corporate: company sponsored Public: multiple sources
Private Funding: Foundations National Nature of the program Internal criteria Regional Geographic region served Nature of the program Current initiative areas
Community Foundations Excellent vehicle to increase local giving “Funds” created by individuals, groups, companies Permanently endowed Governed locally Multiple charitable activities
Corporate Company Geographic Footprint Mission May Support Company Profile
Grantees IRS Charitable Non-profits Units of Government Colleges and Universities Schools
Benedum and Local Government Research (e.g. economic impact analysis) Planning Civic Engagement Project Development Regional Collaboration Project funding