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The Council is hosting a series of monthly Member Policy Briefings as a forum for philanthropic leaders to navigate the shifting landscape. This briefing is exclusively for leaders from family, independent, and private operating foundations, including Presidents, CEOs, and Executive Directors to…
The Council is hosting a series of monthly Member Policy Briefings as a forum for philanthropic leaders to navigate the shifting landscape. This briefing is exclusively for leaders from family, independent, and private operating foundations, including Presidents, CEOs, and Executive Directors to…
The Council is hosting a series of monthly Member Policy Briefings as a forum for philanthropic leaders to navigate the shifting landscape. This briefing is exclusively for CEOs, Presidents, or Executive Directors of midsize community foundations with Management and General Expenses (M&GE)…
The Council is hosting a series of monthly Member Policy Briefings as a forum for philanthropic leaders to navigate the shifting landscape. This briefing is exclusively for CEOs, Presidents, or Executive Directors of midsize community foundations with Management and General Expenses (M&GE)…
The Council is hosting a series of monthly Member Policy Briefings as a forum for philanthropic leaders to navigate the shifting landscape. This briefing is exclusively for CEOs, Presidents, or Executive Directors of midsize community foundations with Management and General Expenses (M&GE)…
The Council is hosting a series of monthly Member Policy Briefings as a forum for philanthropic leaders to navigate the shifting landscape. This briefing is exclusively for CEOs, Presidents, or Executive Directors of midsize community foundations with Management and General Expenses (M&GE)…
The Council is hosting a series of monthly Member Policy Briefings as a forum for philanthropic leaders to navigate the shifting landscape. This briefing is exclusively for CEOs, Presidents, or Executive Directors of midsize community foundations with Management and General Expenses (M&GE)…
Operating budgets remained relatively flat in this year’s sample (n=143) with a median increase of 2%. Across all asset size cohorts, roughly two-thirds of the operating budget will go toward staff expenses on average (n=184).
Slightly fewer than half of all community foundations in the sample ended FY23 with an operating surplus, after two straight years in which two-thirds of the sample carried a surplus at year-end. Typically, administrative fees will be supplemented by other sources of revenue to support operations,…
Larger community foundations will achieve an economy of scale that keeps their expense to asset ratio relatively low compared to smaller peers. This ratio is a shorthand to understand the “leanness” of a community foundation’s operating model but is highly informed by several factors such as the…