December 18, 2006

Philanthropy Report Available

As rewarding as it would be to see foundations and grantees agree on funding priorities, simply raising the issue is a valuable conversation starter. According to a study by the Center for Effective Philanthropy, most grants made by foundations they surveyed are program-restricted, small, and short-term. This approach makes it easier for foundations to measure impact. Not surprisingly, grantees prefer general operating support for its flexibility and long-term organizational capacity-building potential. While these givers and takers may not reach complete consensus, they can benefit from a better understanding of the other’s objectives. Report