Explainers
What is a private foundation, exactly? And how do they make decisions? What’s a grant report? What’s the difference between “general operating support” and “project support?” These are just a few of the questions that might be running through your mind if you’re new to the world of philanthropy and fundraising.
It doesn’t need to be so confusing.
Inside Philanthropy offers this series of brief “explainers” to introduce you to the basics of philanthropy, defining key terms and elucidating important debates to help you find your way through all the jargon to become a more informed, more effective fundraiser or donor. If you’re totally new philanthropy, we suggest you start by first reading our introductory primer, which is the first explainer below.
Topics
What is a Community Foundation?
What is General Operating Support?
What is a Philanthropy-Serving Organization?
What is Program or Project Support?
Key Debate: Who Should Decide What Gets Funded?
Key Question: Is the Growth of Donor-Advised Funds (DAFs) a Good or Bad Thing?
What Can—and Can’t—Philanthropy Do in Terms of Advocacy, Policy, and Politics?
How Do Foundations Make Grantmaking Decisions?
What is a Corporate Foundation?
What is a Letter of Inquiry (LOI)?
What is a Philanthropic Intermediary?
What is a Donor Collaborative?
Key Debate: Should Foundation Payout be Higher?
What is Philanthropy Doing—or Not Doing—to Address Diversity, Equity and Inclusion (DEI)?
What is the Difference Between Solicited and Unsolicited Requests?
What Are Regional Associations of Grantmakers?
What is a Crowdfunding Platform?
What’s the Difference Between a 501(c)(3) and 501(c)(4)?
Key Debate: Multi-year General Operating Support vs. Project Support
What Are In-kind Contributions?
What Do the Terms “Perpetuity” and “Spend Down” Mean?