|Working with Grantees|
How do foundations decide to spend down their endowments, and what critical issues surface during this process? GrantCraft is hosting a blog series called Making Change by Spending Down in partnership with The Andrea and Charles Bronfman Philanthropies, which is making transparency about its spend down a priority. These posts will become a compiled GrantCraft resource to aid in reflective process about spend down decision-making.
Foundations Moving On - New!
Whether you are part of a family foundation that runs its own programmes, a big corporate grantmaker, a small venture philanthropist, an NGO that re-grants resources from a back-donor, or a mix of any of the above, exits are inevitable. Funders move on, and relationships with grantees, partners, or investees change along the way. Exit decisions and strategies are complicated; while a diversity of experiences has not (yet) produced blueprints for smart exits, we’ve pulled our favourite practices.
Making a decision about what to fund is challenging and so is giving a decision to hopeful applicants. How do you say yes or no so that grant applicants understand your foundation's rationale, feel that they've been treated fairly, and can make realistic plans about their next steps? This guide offers observations and suggestions from grantmakers and grantees to make this task easier and more meaningful.
Effective exits are more likely when grantmakers discuss exiting and its implications from the start. Guide contributors share how they plan exits, clarify expectations regularly, and work with grantees to attract new funders.
Even for seasoned funders, supporting leadership transitions can be a tricky business. Learn how grantmakers take up the transition challenge, engage with boards, support new CEOs, and help grantees use the moment to go in promising new directions.
Every troubled grant is unique, as is its path to resolution. Grantmakers and grantees don't always know how to communicate when troubles arise or what resources can contribute to a practical, mutually satisfying plan of action. Contributors to this guide reflect on reading the warning signs, defining the problem, and developing a mission-centered response.
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