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Tuesday, December 13, 2011
What happens now the money has run out – the challenge for trusts and foundations in the new economy | New Philanthropy Capital's Blog
What happens now the money has run out – the challenge for trusts and foundations in the new economy | New Philanthropy Capital's Blog: Most urgently, foundations will have to find new ways to sustain their impact. The dominant model in grant-making over the last decade has been to pay for start-up costs and then look to government to provide continuation funding. There’s a generation of professional grant-makers brought up to think that this is the way grants end. In a world of less generous government, it may no longer be a reliable exit strategy.
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