Philanthropic practice

Grantmakers in the Arts is sharing resources and guidance on COVID-19 (coronavirus disease) and encouraging grantmakers to support their grantees by treating their funding flexibly in these difficult and rapidly shifting circumstances.

James Hirschfeld, program officer at the Howard Gilman Foundation, emphasizes the importance of responsive grantmaking and how, as he says, at the Howard Gilman Foundation they "view financial statements as one way of identifying opportunities for impactful grants."

Philanthropists and collectors Bridgitt Evans and Charlotte Wagner have joined forces to support small cultural organizations “beyond the art world’s power centers,” as Artsy recently reported.

A recent Chronicle of Philanthropy article reports that advocates say “foundations should rethink the way they measure success if they want to achieve progress.”

In a recent blog post on Nonprofit AF, Vu Le calls for important interrogation of the philanthropic field’s learned practices and how "they constantly and unconsciously affect how we think about and do everything."

A newly established philanthropy, The Lewis Prize for Music, which seeks to invest in music leaders to facilitate positive change and increase access to music education, just announced it awarded nearly $2 million to its inaugural class of awardees: leaders of music programs and organizations across the country that foster engaged citizens and support the holistic growth of young people.

The Kenneth Rainin Foundation’s New & Experimental Works (NEW) Program, a grant program that provides project support to small and mid-size dance, theater, and multidisciplinary arts organizations that enable Bay Area artists to produce timely, visionary projects, has rethought its application process.

"In a crisis, short-term efficiency can be a shock amplifier. Long-term efficiency comes from building resilient institutions," states Andrés Spokoiny, president of the Jewish Funders Network, in a recent article in Stanford Social Innovation Review.

Reflecting on Darren Walker's new book, “From Generosity to Justice: a New Gospel of Wealth,” Elizabeth Alexander, president of the Andrew W. Mellon Foundation, answered some questions posed by the Chronicle of Philanthropy that shed light on the philanthropic field.

The Tipping Point Fund (TPF), a donor collaborative geared towards scaling impact investing, was recently announced by leaders from foundation and family office communities. With $12.5 million in initial funding, the TPF seeks "to make strategic grants to support the creation and development of critical market infrastructure that is necessary to maintain the continued growth and, the integrity, of the impact investing market."