"It's a False Dichotomy." Questioning Perpetuity and Spend Down with Clara Miller

"It's a False Dichotomy." Questioning Perpetuity and Spend Down with Clara Miller

Former Heron Foundation President Clara Miller says funders should move beyond dogmatic adherence to both perpetuity and spend-down, toward a more nuanced understanding of aligning money to mission.

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This Small Family Foundation Had the Labor Movement’s Back Before It Was Cool

This Small Family Foundation Had the Labor Movement’s Back Before It Was Cool

While foundation support for workers’ rights can be scarce, General Service Foundation has been on the case since the 1990s. Now, it's taking things a step further by investing its endowment in alignment with the cause.

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Eight Things to Know About a Legendary British Investor’s Climate-Focused Philanthropy

Eight Things to Know About a Legendary British Investor’s Climate-Focused Philanthropy

Three years ago, Jeremy and Hannelore Grantham committed 98% of their roughly $1 billion investing fortune to climate action. Here’s where the money’s been going so far.

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Funder Spotlight: All About the Kresge Foundation’s Environment Program

Funder Spotlight: All About the Kresge Foundation’s Environment Program

The Kresge Foundation is one of the top environmental funders in the country—and one of the most focused on equity. We take a look at what it supports through its environment program and why.

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How the Joyce Foundation Is Going Long With a New Five-Year Plan

How the Joyce Foundation Is Going Long With a New Five-Year Plan

The Joyce Foundation made its last strategic shift just three years ago. This time around, it’s doing what it has already been doing in a more thorough way, in what it describes as a “refresh, not an overhaul.”

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Part of its Social Investing Push, Kresge Flexes Assets to Bring Solar to Low-Income Homes

Part of its Social Investing Push, Kresge Flexes Assets to Bring Solar to Low-Income Homes

In recent years, Kresge has taken several steps to align its investments with its social justice mission. The latest move backs a company bringing solar and energy efficiency beyond wealthy areas and into low- and middle-income communities.

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Good Governance—and Other Not-so Secret Recipes for Making Family Foundations Work

Good Governance—and Other Not-so Secret Recipes for Making Family Foundations Work

Some family foundations are handling the greatest wealth transfer in history better than others. We dig into a report that shows what it takes for these institutions to remain unified and achieve impact in an era of generational change.

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To Protect a Critical Forest in Appalachia, a Foundation Goes Beyond Grantmaking

To Protect a Critical Forest in Appalachia, a Foundation Goes Beyond Grantmaking

A rare opportunity to conserve a large swath of land led the Doris Duke Charitable Foundation to make a large and unusual program-related investment. But the sustainable forestry model behind this move is not without its critics.

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Take the Risk: Bolstering Health Nonprofits is the Next Stop for Impact Investing

Take the Risk: Bolstering Health Nonprofits is the Next Stop for Impact Investing

As impact investing gains steam, a broader array of foundations are exploring how this strategy can advance their missions. Health legacy funders are the latest to get in on the action, including the Atlanta-based Healthcare Georgia Foundation.

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How a Big Community Foundation Embraces Impact Investing in Arizona

How a Big Community Foundation Embraces Impact Investing in Arizona

Along with prominent community funders like the Cleveland Foundation and the San Francisco Foundation, the Arizona Community Foundation is emerging as a national impact investing leader. Here’s how ACF approaches nonprofit loans.

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New Frontier: A Community Foundation Embraces Impact Investing

New Frontier: A Community Foundation Embraces Impact Investing

While many foundations are now experimenting with impact investing, community foundations have been slower to embrace this strategy. Here’s another sign that this is changing.

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