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A letter released yesterday by nine national organizations—BoardSource, the Center for Effective Philanthropy (CEP), the Council on Foundations (COF), Grantmakers for Effective Organizations (GEO), Hispanics in Philanthropy (HIP), Independent Sector, the National Center for Family Philanthropy (NCFP), the National Committee for Responsive Philanthropy (NCRP), and the United Philanthropy Forum—makes an essential point. They write, “The strength of a funder’s grantees at the end of this crisis will be a much better measure of the significance of a foundation than the size of its endowment. Unprecedented challenges require unprecedented responses—and a casting aside of traditional norms and approaches.”

Read the entire article in Nonprofit Quarterly.

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