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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…
Happy holidays! May this month be filled with year-end giving and exciting developments to propel you into 2017! As always, the Council is here for you, and I’m writing to share a few resources for you to consider as the year comes to an end.
First, the most recent developments in the…
2017 will be a year of change, as orthodoxies in the field get tested and philanthropy steps up and into a more prominent national role.
This post is part of our inaugural Trendspotting Series profiling important ideas that will be shaping some major fields of interest in 2017. Each…
Aligning private foundation grantmaking procedures with PPA requirements
The Pension Protection Act of 2006 (PPA) brought many changes to the charitable sector. The most significant changes for private foundations are the rules for making grants to certain kinds of supporting organizations.…
Harvey V. Fineberg is the president of the Gordon and Betty Moore Foundation. He previously held the Presidential Chair for 2014-2015 as visiting professor at the University of California, San Francisco. Prior to that, he served as president of the Institute of Medicine from 2002 to 2014 and as…
It’s hard to believe 2016 is almost over. With the U.S. election, Brexit, the crisis in Syria, and historic meetings for the international community like the World Humanitarian Summit, it’s been an eventful year to say the least. It’s unclear what exactly 2017 will hold, but we…
This document is a tool to help you as a private foundation determine when to use expenditure responsibility for grants to public charities.
Barry Gold leads the foundation’s freshwater and marine initiatives to find lasting solutions that benefit the environment and strengthen local economies. Before joining the foundation, Barry served as director of Marine Conservation at the Gordon and Betty Moore Foundation, where he led…
Helen Smith Price is Vice President of Global Community Affairs and President of the Coca-Cola Foundation.
She joined The Coca-Cola Company in 1993 as a Corporate External Affairs Director. Before her current positions, Price served as Assistant Vice President, Group Director of Global Community…
In an effort to ensure that charitable resources are used exclusively for charitable purposes and not used to support terrorist activity, organizations may choose to adopt practices in addition to those explicitly required by law. Among the practices that some charities choose to adopt is including…