Exiting fields is a common practice in the philanthropic sector. It is often spurred by foundations’ continuous quest for innovation, new leadership, or a decline in assets. However, this practice is often performed with little advance notice, unclear rationales, and no consistent best practices. Exiting a field responsibly is essential to achieving the compelling and far-reaching goals that foundations set for themselves, so how can they help strengthen and sustain fields when their support ends? Consultant Janice Petrovich discussed effective practices in this important area.
To many nonprofits, foundation operations are shrouded in mystery. Because prospective grantees are seeking funding from foundations, there may be a perceived power imbalance. However, building strong and effective relationships with grantees can help foundations develop new knowledge and insights into issues, and to test and scale innovative strategies. Open communication, approachability, sharing lessons learned, and collaborative evaluation are key to developing strong partnerships with grantees.
In-Depth knowledge on Working with Grantees
From TCC, which developed the Core Capacity Assessment tool, this resource investigates how organizations can put these core capacities to work in achieving organizational sustainability in difficult economic times.
From GEO, what does it mean to truly and authentically engage a community in evaluation? Grantmakers working on place-based grantmaking already have the incentive and drive to support in-depth evaluation, to understand the impact of the initiative, and to identify opportunities to improve their work. Effective evaluation of these complex and multi-faceted efforts is grounded in the perspectives of community stakeholders.
Grantmakers searching for more detailed information about the charitable status of their potential grantees may find the answers they need in the IRS’ Select Check tool.