In a wide-ranging conversation, a group of community-based practitioners discuss both the potential and pitfalls of partnering with nonprofit anchor institutions—including hospitals, universities, and faith-based institutions—to achieve community goals.
The Edna McConnell Clark Foundation has become distinguished for its exploration of a new form of grantmaking: megagrants designed around nonprofit-directed working capital, funding for rigorous evaluation, and capacity building. And now, as the Foundation faces its own voluntary sunsetting, its legacy appears in the form of a more commonly owned funding vehicle built on the same model.
This classic article from a leading scholar on nonprofit governance has, over the past few years, transformed much of the conversation about where the substantive governance of your nonprofit really resides—quite far from the boardroom. Be prepared to reconsider many of your assumptions about nonprofit boards of directors.