As part of our commitment to openness and transparency, the Hewlett Foundation has long supported open licensing—an alternative for traditional copyright that allows and encourages sharing of intellectual property. Open licenses, such as those developed by our longtime grantee Creative Commons, protect authors’ rights while giving explicit permission to others to freely use, distribute, and build upon their work. The… Read More
This excerpt from NCFP’s Trends 2020 study shares data and analysis regarding various US family foundation giving trends, including payout rate, influences of giving decisions, discretionary grants, and much more. Family foundations must make choices around the size, number, and focus of their grants. They also have choices around how much they payout annually, the types of grants they make, and how… Read More
As a private foundation it is important that you abide by the rules, and specifically the rules implemented by the IRS. It is no secret that as a 501(c)(3) organization you must be held accountable by not only the government but also by the people. Under the private foundations tax provisions in 1969, private foundations were required to make Form… Read More
Each grant is meant to help with the progression of a particular project. Depending on the project, the financial need will vary. For grantmakers that are weary of particular grantseekers it could be sensible to do a short-term grant. It would also be helpful to create deadlines and expectations. Another advantage of a short-term grant is that it has a… Read More
The IRS distinguishes between public and private foundations and, within private foundations, between operating and non-operating (grant-making) foundations. While private operating foundations may choose to make some grants to other charitable organizations, they must engage primarily in direct charitable activities by running their own programs (i.e., using their own facilities, staff and resources to directly further their charitable operations)… Read More
Our foundation is incorporated in the State of California, but the legal address is in the state of Colorado. We have an excellent relationship with our broker who is also located in California. Could we ask him to be our registered agent?… Read More
NCFP’s recently released Trends in Family Philanthropy study was based on the first-ever nationally representative sample of family foundations, and features a treasure trove of data on topics such as family foundation governance, board activities, and grant making strategy. This complimentary event, featuring an overview of the study will highlight issues and topics of interest to all family funders, such as balancing individual… Read More
NCFP’s recently released Trends in Family Philanthropy study was based on the first-ever nationally representative sample of family foundations, and features a treasure trove of data on topics such as family foundation governance, board activities, and grant making strategy. This complimentary event, featuring an overview of the study by NCFP President Ginny Esposito, will highlight issues and topics of interest to all family… Read More
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