Exponent Philanthropy reposted this
📚Temelio's weekly Friday read! Today we are highlighting a blog post written by Katie Briggs, managing director of the Laird Norton Family Foundation, about an innovative approach their organization is taking to grant declinations. Despite declining grant requests, the foundation compensates nonprofits for their time, insights, and participation through “administrative grants.” These grants honor the contributions of organizations even when they don’t become full grantees, supporting equitable and respectful partnerships. They hope other funders will adopt similar practices to reduce burdens on nonprofits and foster positive relationships. You can read more in the article linked below. Thank you to Exponent Philanthropy for sharing this insightful post in your newsletter!