Foundation Grant making and Asset Use

Keeping It in Reserve: Grantmaking for a Rainy Day

By Hilda H. Polanco and John Summers | PREMIUM CONTENT | March 16, 2017

Many nonprofits know they should be building reserves over time but find it hard to do so without hobbling their work. Perhaps with our improving collective understanding of the framework of full costs, funders could reeducate themselves about their responsibilities in that regard. Here’s a way for readers to begin to ask philanthropy for reserves.