Exponent Philanthropy is proud to launch another edition of the Foundation Operations and Management Report. This year’s report continues to share important salary and administrative benchmarks. At the same time, it offers an overview on how our community of lean funders change and evolve.
COVID-19 grantmaking in 2020
The 2022 Foundation Operations and Management Report contains information on how lean funders responded to the coronavirus pandemic, a first for the report. 99% of lean funders made some change to their giving; and just over 40% gave more in response to COVID.
In this report, a greater percentage of lean funders identified racial equity as very relevant to their mission. And more than two-thirds of Exponent Philanthropy members considered racial equity somewhat or very relevant to their foundation’s mission.
Investment returns and mission investing
Participating foundations continued seeing strong investment returns. They reported mean net investment returns of 12.3% and median returns of 11.0%. Organizations with more aggressive investment strategies had higher net investment returns than those with more moderate or conservative strategies.
Read the full article about the 2022 Foundation Operations and Management Report by Brendan McCormick at Exponent Philanthropy.