Giving Compass' Take:
- Kenneth Jones, Chief Operating Officer and Chief Equity Officer of The John D. and Catherine T. MacArthur Foundation, explains how and why the foundation changed its grantmaking processes to end the nonprofit starvation cycle.
- How can you shift your giving to help nonprofits thrive?
- Read about what it takes to implement trust-based philanthropy.
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In this episode, you’ll learn how one foundation built the internal political will to make internal reforms so they can provide grants that better serve their grantees and their communities. Host Rusty Stahl sits down with Kenneth Jones, Chief Operating Officer and Chief Equity Officer of one of America’s major foundations, The John D. and Catherine T. MacArthur Foundation. They discuss why and how MacArthur Foundation has increased the amount of money in their grants for “indirect costs” from 15% to 29%, nearly double and one of the highest rates we know about.
Read the full article about ending nonprofit starvation cycle at Fund the People.