Philanthropy is uniquely placed to drive change, thanks to its reach, resources and independence. But for many foundations, the hardest part about climate action is knowing where to begin.
“Each and every” trustee responsible for how a foundation deploys its endowment “super-power”, according to new ACF report. Plus, foundations should be transparent with grantees on the source of their wealth.
Nonprofits urgently need two- to five-year bridge financing right now – but foundations could step in by pledging some of their assets as collateral. Mark Kramer, co-founder and managing director of FSG, calls for bold leadership.
