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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

Philanthropy: A Primer

Who is a Small Donor?

What is a Community Foundation?

What is a Donor-Advised Fund?

What is General Operating Support?

What is a Fiscal Sponsor?

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?

What is a Funder Affinity Group?

What is a Private Foundation?

How Do Foundations Make Grantmaking Decisions?

What is a Corporate Foundation?

What is a Giving Circle?

What is Evaluation?

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 an LLC?

What is the Difference Between Solicited and Unsolicited Requests?

Who is a Major Donor?

What Are Regional Associations of Grantmakers?

What is an Endowment?

What is Impact Investing?

What is a Grant Report?

What is a Crowdfunding Platform?

What is Multiyear Funding?

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?

What is Capacity-Building Support?

What’s the Difference Between a Gift and a Grant?

Test Your Knowledge of philanthropy!

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