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Foundations are a significant source of funding for nonprofits—they donated $103.53 billion in 2023, accounting for 19% of the total charitable giving. Government grants are just as vital; up to 30% of nonprofits rely on them to sustain their operations. First, however, come applications. With over 100,000 nonprofits competing for various funds, funders and grantmakers
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Grantors want to see their funding drive real impact, but responsibility for success doesn’t rest on grantees alone; it’s a shared commitment. Through collective and purposeful effort, funders can better ensure the awarded grants drive meaningful outcomes toward their intended use. This demands strategic grantmaking, which involves funders deeply understanding their target issue, pursuing relationships with relevant
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The following questions and answers were developed to help Foundant clients learn more about the Foundant/L Squared Partnership. Client Questions Q: How will this impact our organization? What differences will we see?A: Our partnership with L Squared should only impact our clients in positive ways. L Squared will be able to provide access to resources