5 Ways Community Foundations Can Align Grantmaking and Fundraising Goals
Within the foundation world, grantmaking and fund development roles are often treated like opposite sides of a coin. However, in reality, these two functions share a uniquely symbiotic relationship. While both roles are important within a community foundation, there are ways this shared relationship can be further improved. In a community foundation, staff members charged with fund development assist donors with leaving lasting legacies by making contributions to the foundation’s engagement. Grantmaking staff are then tasked with the responsibility of working with local nonprofit organizations to provide them with grant dollars to fund the work they are doing to improve the community. The challenge with donor flexibility and grantmaking restrictions Community foundations are often faced with a wide array of challenges when it comes to creating synergy between the fundraising and grantmaking sides of the foundation. This tension is often caused by a discrepancy in goals between bot...