How We Help

Philanthropic Solutions

Because of our broad services, Foundation Management is uniquely positioned to help donors navigate the myriad of philanthropic vehicles to create a strategy that best aligns with each client's unique goals. Our leaders have exemplary professional experience in the philanthropic sector and utilize state-of-the-art technology to drive our work. Our team meets directly with hundreds of nonprofit organizations in multiple communities to learn about their distinct needs and we work to relay this information to potential funders as appropriate. In short, Foundation Management handles the day-to-day requirements for our clients so the directors we support can enjoy the fun of philanthropy. If you have decided to change your existing philanthropic strategy, or want to begin a new effort, we can help!

Mission Statement

The mission of Foundation Management is to exceed the expectations of our customers and clients. We will work together across communities to achieve philanthropic goals. Our expertise will help form meaningful partnerships in the grant making community.

Private Foundation Management

  • Policy Development

    • Donor Intent Policy
    • Investment Policy
    • Administrative Policy
    • Governance Policy/Bylaws

  • Administrative Services

    • Meeting planning and preparation
    • Board and Committee correspondence
    • Keeping and filing of minutes, policies, and corporate documents
    • Regulatory Filings

  • Grantmaking

    • Site visits
    • Communication with potential grantees
    • Screening request to ensure alignment with donor and IRS guidelines
    • Online grant application process
    • Proposal evaluations
    • Grant follow-up
    • Tracking multi-year grants
    • Verifying challenge grants
    • Grant history
    • Annual reports

  • Foundation Accounting

    • Monthly or quarterly Balance Sheet with Income and Expense Statement
    • Consolidated statements from asset managers
    • Checkwriting and reconciliation
    • Monthly minimum distribution calculations
    • Fraud protection
    • Develop workbook for preparation of the filling for the 990PF Tax Return

  • Asset Management

    • Advice in developing policy and setting asset allocation
    • Assist in screening and selecting asset managers
    • Annual comparison of investment returns with established benchmarks
    • Coordinate investment committee meetings between managers and trustees

  • Regulatory Matters

    • Responsible for keeping the Foundations appraised of the legal environment and notify directors of changes in the laws that may impact the management of the Foundation
    • Dedicated compliance officer on staff
    • Attend conferences and education to learn new and applicable government regulations

  • Board Retreats

    • Strategic planning
    • Succession planning
    • Intra-generational training for leadership
    • Donor intent review
    • Director development

Hospital Conversion Foundation Management

  • In addition to our scope of services for Private Foundations, we will provide assistance in the following areas for Hospital Conversion Foundations:

    • Economic development
    • Relationship management with city and county government agencies
    • Establishing grantmaking committees with community involvement
    • Work with local nonprofits and community leaders to create services that address specific needs in the community
    • Open Meeting Act compliance

Corporate Philanthropy Management

  • Foundation Management is able to assist corporate donors with developing a companywide philanthropic plan.