Foundations need to spend more

Mark PetersenGrantmaking, Strategy

How does your family foundation or fund set its annual giving budget? This is a question that arises each year, and is one that requires some discussion within a family. The legal requirements mandated by the CRA are actually very minimal. Under the Charities Act and to comply with a foundation’s charitable purpose, endowed foundations must give 3.5% of average … Read More

What are Charity Profiles?

Mark PetersenApplication Process, Grantmaking

Stronger Philanthropy recognizes the challenges many foundations face with traditional application processes which are reactive. With open processes where any charity can apply for grants, the foundation is overwhelmed by a high volume of requests. Most of these are quickly discarded. It is unfortunate that extensive work is done by charities to develop LOIs and grant applications, and the result … Read More

How to get unstuck

Mark PetersenGrantmaking

Family foundations start out with lots of dreams to impact their communities through their giving, advocacy, and support. They usually start by giving close to home and to those with whom they have a pre-existing relationship. But over time challenges arise. Personnel changes, program developments, lack of project fulfillment, and changing priorities by donors create situations where givers begin to … Read More