Transcript Slide 1
Working with Foundations
Mary Hunt-Lieving
Senior Program Officer
What is a foundation?
Nonprofit
Funds from one or more sources
Supports eligible, charitable purposes
•Some Foundations are not grant makers. Think-tanks for example
Basics of Foundations (grant makers)
Endowments
Invested
Some are ‘perpetual’ (% in grants)
Some are ‘pass through’
Types
Private:
one source
Family:
donor family involvement
Operating:
provide charitable services
Independent: generally do not raise funds
Corporate:
company sponsored
Public:
multiple sources
Private Funding: Foundations
National
Nature
of the program
Internal criteria
Regional
Geographic
region served
Nature of the program
Current initiative areas
Community Foundations
Excellent vehicle to increase local giving
“Funds” created by individuals, groups,
companies
Permanently endowed
Governed locally
Multiple charitable activities
Corporate
Company Geographic Footprint
Mission
May Support Company Profile
Grantees
IRS Charitable Non-profits
Units of Government
Colleges and Universities
Schools
Benedum and Local Government
Research (e.g. economic impact analysis)
Planning
Civic Engagement
Project Development
Regional Collaboration
Project funding