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Family foundations use discretionary grantmaking to achieve a variety of purposes. Discretionary grantmaking allows some foundations to avoid strife by giving each branch of the extended family a sum of money that it can think of as its own to control. For others, a discretionary fund provides…
Question: May a private corporate foundation or corporate giving program make a grant to a newly-established charity that has not yet received its IRS tax exemption letter?
Answer: Yes, but when making a grant to a charity whose application for exempt status is pending before the IRS, a private…
Can we back out of a multiyear commitment we made in a prior year because our foundation’s assets have declined?
The answer in many cases is “no.” That is, unless your grantee is willing to release your foundation from its obligation.
Generally, an unconditional, multiyear grant is considered…
The Grantmaker Salary and Benefits Report (GSB) provides salary, benefits, and diversity data for full-time staff at U.S. foundations to aid in budget planning and personnel practice benchmarking. Information is presented by grantmaker type, foundation type, asset size, and geographic location.…
For 40 years the Council has provided the most comprehensive analysis of salary and benefits for full-time staff at U.S. foundations through the Grantmaker Salary and Benefits (GSB) Report. This year, in addition to providing an analysis of salary and benefits data from 8,794 full-time paid…
This is a peer-led space designed to connect you with human resources leaders at foundations across the country. The group will build meaningful relationships, share resources, and provide a consistent opportunity to engage in collaborative troubleshooting in a trusted environment. Meeting every…