To Protect Grantees, Invest Conservatively: A Financial Strategy to Buck the ‘Big Beautiful Bill’
A proposed new tax on foundation earnings should push foundations to align endowment investments with mission — and help grantees survive.
By Clara Miller and David Morse
If Foundations Want to Encourage Transparency, They Should Look in the Mirror
Grant makers are big proponents of transparency for everyone but themselves. To live up to their professed standards, they should embrace the same practices required of public companies and make available information about their entire operations, including how they invest endowment dollars.
By Clara Miller
Contributor
Can Social-Impact Bonds Really Have Big Impact?
Nonprofits often take too much risk and investors too little in this fast-spreading approach to solving big problems.
By Clara Miller
Contributor