Many grantmakers are wary of providing general operating support, but an endowment can be an integral tool in helping strong organizations make longer-term programmatic plans, says this GrantCraft guide.
In this detailed study of endowment support from a grantmaker's perspective, author and veteran foundation consultant Tony Proscio examines when, and how big, an endowment makes sense for a given organization.
He also takes a look at endowment campaigns, governance, selecting investment managers and limiting use of an endowment's proceeds.
- Professional Area: Fundraising/giving