A Year of Crisis Forced Foundations to Change Bad Practices. They Should Never Revert to the Old Ways.
Long before the pandemic hit, it was clear philanthropy needed an overhaul. But the health and economic crisis, combined with a national racial reckoning, forced grant makers’ hands. Foundations largely rose to the challenge by speeding up their grant making, increasing flexibility, and reducing funding restrictions.But now it appears those changes may be short lived. In the most recent of its Foundations Respond to Crisis reports, the Center for Effective Philanthropy found that “most foundations do not plan to undertake these new practices in the future to the degree they are doing so now.”Read More AboutA Year of Crisis Forced Foundations to Change Bad Practices. They Should Never Revert to the Old Ways.