Transcript FSP FAS 117-1

Indiana Foundations
Who We Are
• A statewide membership association of
165 grantmaking organizations,
professional philanthropic advisors,
and qualified individuals
• We champion, support and connect our
members as they transform Indiana
through effective philanthropy
PRIMARY SERVICES
•Education & professional
development
•Member communications
and connections
•Advocacy
•Information & resources
Who Gives?
Giving USA 2014
Private foundations
CORPORATE FOUNDATIONS
Operating
foundations
Giving circles
Community
foundations
Charitable trusts
CORPORATE
GIVING
PROGRAMS
Giving in Indiana
Foundation Center 2014
1,184
Number of foundations
$14 billion
Total assets
$733 million Total giving
Foundation Type
Foundation Center 2014
90
80
70
60
50
#
40
Assets
30
Giving
20
10
0
Private
Community Operating Corporate
Where Does the Money Go?
Foundation Center 2014
Public/society
benefit
16%
Human services
22%
Health
12%
Arts
8%
Education
32%
Religion
4%
Other
2%
Environment
4%
Private Foundations
Corporate Foundations
Public Foundations
Community Foundations
Trends in Philanthropy
•Strategic vs. responsive
grantmaking
•Using linked, accessible data
to make grantmaking
decisions
•“Overhead myth”
NEXT GENERATION
PHILANTHROPISTS
• Those that can are giving larger,
bolder gifts
• Leverage philanthropy in all parts
of their lives
• Directly, actively engaged with a
cause to affect change
• Traditional foundation model may
not be as appealing to some
Top 10 Things Foundations Look For
• Mission fit
• Measurable impact
• Well-written, realistic proposals
• Complete proposals w/ all attachments
• Proven success/good work
• Honesty
• Understanding of issues and potential
solutions – not just needs
• Strong case for funding
• Collaboration when and where appropriate
• Strong leadership, vision and mission
Things That Can Work Against You
• Proposals that don’t fit mission/criteria of the
foundation
• Proposals that don’t follow instructions
• Late, incomplete
• Proposals that are poorly written
• Grammar, spelling errors
• Proposals that are unrealistic or untrue
• Organization red-flags
• Weak leadership
• Financial instability
• Lack of understanding of the need in context
of broader issues
Finding the Info On-Line
Foundation Websites
Finding the Info In Person
Other Resources
• Local libraries are excellent sources of
information. Though last version is from
2008, many still have copies of the Indiana
Grantmakers Alliance Foundation Directory.
• Lilly School of Philanthropy at Indiana
University has very useful information on
giving trends, fundraising and philanthropy.
They also offer classes in fund development.
• Indiana Nonprofit Resource Network offers
resources and classes on nonprofit
fundraising and management.
http://www.inrn.org/index.htm
What to Look For…
Specific Information
1. Application Procedures
2. Deadlines
3. Giving Priorities
4. Giving Restrictions
5. Giving Amounts
6. Giving History
7. Personnel
• Board and staff
What to Look For…
Non-Specific Information
1.Clues for Mission Fit
2.Organizational Culture
3.Timing of Grant Cycle
4.Affiliations and Partnerships
Marissa Manlove
Indiana Philanthropy Alliance
[email protected]
317-630-5200 x118