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The Foundation Review

2015

Community needs

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Full-Text Articles in Business

Creating Choices Before Making Choices: One Family Foundation’S Journey To Finding A Strategic Focus, Kelly C. Medinger, Angela R. Logan Dec 2015

Creating Choices Before Making Choices: One Family Foundation’S Journey To Finding A Strategic Focus, Kelly C. Medinger, Angela R. Logan

The Foundation Review

Rooted in business principles, philanthropic study, and reflective practice, this article examines the journey of the Marion I. & Henry J. Knott Foundation, a small family foundation established in 1977, toward a strategic grantmaking focus.

This article examines a foundation’s first step toward building a grantmaking strategy – finding an issue or problem to address – alongside a three-part model for creating choices that reflect donor intent, organizational talents and resources, and broader community needs.

The study adds to the body of knowledge about the value, process, and challenges of finding a strategic grantmaking focus, whether that focus is for …