Five top-tips for grant-making trusts & foundations
When it comes to the financial management of recipients, grant-giving foundations and charitable trusts face contradictory pressures. On the one hand, foundations do not want to be overly burdensome on their partners. Many foundations take pride in distinguishing themselves from publicly-funded bilateral and multilateral donors. They see themselves as being more nimble, less bureaucratic and less demanding on the recipients of their funds; more interested in results rather than adherence to myriad procedural conditions. They are also more willing and able to fund riskier projects and partners.
Five top-tips for grant-making trusts & foundations
When it comes to the financial management of recipients, grant-giving foundations and charitable trusts face contradictory pressures. On the one hand, foundations do not want to be overly burdensome on their partners. Many foundations take pride in distinguishing themselves from publicly-funded bilateral and multilateral donors. They see themselves as being more nimble, less bureaucratic and less demanding on the recipients of their funds; more interested in results rather than adherence to myriad procedural conditions. They are also more willing and able to fund riskier projects and partners.
Five top-tips for grant-making trusts & foundations
Grant-giving foundations & charitable trusts face a difficult balancing act in demonstrating that their recipients are spending their funds in an appropriate manner. Our top-tips outline some fundamental principles for you to consider when providing funding to your partners.