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Working with Foundations

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

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Working with Foundations

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  1. Working with Foundations Mary Hunt-Lieving Senior Program Officer

  2. 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

  3. Basics of Foundations (grant makers) • Endowments • Invested • Some are ‘perpetual’ (% in grants) • Some are ‘pass through’

  4. Types • Private:one source • Family:donor family involvement • Operating: provide charitable services • Independent: generally do not raise funds • Corporate:company sponsored • Public: multiple sources

  5. Private Funding: Foundations • National • Nature of the program • Internal criteria • Regional • Geographic region served • Nature of the program • Current initiative areas

  6. Community Foundations • Excellent vehicle to increase local giving • “Funds” created by individuals, groups, companies • Permanently endowed • Governed locally • Multiple charitable activities

  7. Corporate • Company Geographic Footprint • Mission • May Support Company Profile

  8. Grantees • IRS Charitable Non-profits • Units of Government • Colleges and Universities • Schools

  9. Benedum and Local Government • Research (e.g. economic impact analysis) • Planning • Civic Engagement • Project Development • Regional Collaboration • Project funding

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