Large Foundations Fall Short in Supporting Vulnerable Groups

Marginalized Population
Many foundation leaders believe that their dollars are "private" funds and object to being told how to spend "their" money. There are, however, those who see the important role the sector plays in strengthening the country's democracy.

"Philanthropy certainly has the resources and potential to help tackle the deeper, structural causes of inequality and injustice," said Luz Vega-Marquis, president and CEO of the Marguerite Casey Foundation. "NCRP's criteria are exactly what foundations need to transform our institutions and grantmaking in ways that serve lower-income families and contribute to a just and equitable society."

The Criteria for Philanthropy at Its Best focuses on values, effectiveness, ethics and commitment. It tackles hotly contested issues like payout, general support vs. program grants, board composition, compensation and disclosure. It also looks at multi-year funding, partnerships, administrative requirements and mission investing.

The Criteria for Philanthropy at Its Best is available for free download at NCRP's website, where you can also view the list of endorsers and order your copies. An online self-assessment test for foundations also will be available in the coming weeks.