Cost-Effective Management
General Foundation Management
Establish and implement general administration and operational processes:
- Manage approved budget, arrange payments and prepare financial reports
- Arrange and prepare for all board, investment and foundation meetings
- Key communicator on behalf of foundation (phone, email, correspondence, meetings)
- Maintain foundation files
- Coordinate with legal, audit and financial advisors
- Assemble required information for government filing processes
- Coordination with other foundations as appropriate
- Maintain knowledge base (changes to CRA regulations, trends, philanthropic issues)
Grants Administration & Evaluation
- Research, identify, and assess potential qualifying donees and prepare for board consideration
- Develop and implement grants management process including: assessment, approval, reporting, evaluation and tracking mechanisms
- Negotiate any grant conditions/recognition requirements and ensure smooth transition of funds
- Monitor grant files, conduct due diligence, including site visits as appropriate
- Communicate with grant recipients as required
- Review and assess reports from grantees
- Evaluate results achieved, effectiveness and impact of grants
- Prepare annual report on philanthropic activities
- Make recommendations for improved efficiencies and management of the foundation
Fees
Complete management services:
- Up to 10 active grant files – $30,000/yr
- 10-20 active grant files – $40,000/yr
- 20-30 active grant files – $50,000/yr
