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Nonprofit Administration and Management

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Grand Valley State University

2020

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Full-Text Articles in Business

The Experiences Of A Foundation With A Limited Life: Benefits And Challenges, Lynda Mansson Jun 2020

The Experiences Of A Foundation With A Limited Life: Benefits And Challenges, Lynda Mansson

The Foundation Review

This article discusses the benefits and drawbacks of a limited-life foundation’s philanthropy practice. The strengths, including a sharpened strategic focus and sense of urgency, and the challenges, such as ensuring impact and dealing with grantee dependency, are also relevant when closing a program.

Drawing on reflections from the director general of the MAVA Foundation and learnings from foundations that have recently closed, this article also discusses how to prepare for the end date of a limited-life foundation. MAVA, a Swiss-based grantmaking foundation for 25 years, has a planned end date of 2022.

The article features key lessons for foundations considering …


Archiving Forward And Backward: Two Perspectives On Capturing The Impact Of Limited-Life Foundations, Lori Eaton, Phoebe Kowalewski Mar 2020

Archiving Forward And Backward: Two Perspectives On Capturing The Impact Of Limited-Life Foundations, Lori Eaton, Phoebe Kowalewski

The Foundation Review

Foundations that document their knowledge through an archives are creating a rich legacy of information. Archives preserve and provide access to the raw data that allow researchers to study and analyze grantmaking and its impact on people and communities.

Limited-life foundations may have an even greater incentive to capture their work in an archives: Once they close their doors, much institutional knowledge is lost. By examining two specific cases — the Ralph C. Wilson, Jr. Foundation, which began planning for its archives early it its work, and the Atlantic Philanthropies, which began the process later — this article discusses what …