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Model Governance

Increases in our clients’ grantmaking profiled

Grants 2013 GMA Foundations’ Grants 2013 report released

Forty independent and corporate foundations and individual donors working with Boston-based GMA Foundations increased their giving in 2013 to a combined total of $37.3 million, up nearly 20% from the previous year. The philanthropic advisory firm’s newly released report describes the grantmaking reach of its clients, who awarded more than 1,500 grants to 1,100 nonprofits around the world.

Reflecting stronger investment returns, the amount of the average grant increased 9% over the prior year to $23,565. “We look to the nonprofit sector for innovation, agility, and strong connections to the community,” says Phil Hall, GMA’s Director of Grantmaking.  “Operating on a small scale, these nonprofit organizations are leading the way to social change, and we are proud to support them.”

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Free tickets to galas may be complicated

blacktieCLIENT ADVISORY
With spring weather usually comes a flurry of invitations to galas and benefits for some of our favorite causes. Thomas F. Blaney, CPA, Partner and Co-Director of O’Connor Davies LLP reminds  foundation board members and foundation senior management of some common pitfalls associated with attending ticketed events that could potentially run them afoul of the self-dealing rules.

Follow this link to read this helpful brief: PF Watch Out for Gala or Benefit Tickets

Stay focused with a Foundation Dashboard

CLIENT ADVISORY

Use the knowledge at your fingertips to stay on track

hand_electricityThe philanthropic sector is more enthusiastic than ever about measurement and evaluation.  In this era of analytics and infographics, some foundations are using dashboards to consolidate the information they need to stay focused on what matters most. The dashboard, configured to reflect their particular mission and goals, becomes a springboard for strategic discussions and organizational learning.

This collection of indicators – a dashboard or a scorecard – is updated and referred to on a consistent, recurring basis.  The visual presentation of simple graphs and brief narrative in one or two pages focuses on the essential elements of measuring results.  In this article, we are referring to grantmaking results.

Independent of foundation size or payout amount, measurement is part of an effective decision-making process. With the right information, both grantmakers and grantees stand to learn, adapt and accelerate progress towards their goals; they can assess their impact. But gathering and analyzing data can be expensive and time consuming.

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