boston foundation makes most grants unrestricted; pallota calls it a "brave act of leadership"

In his blog, "Free the Nonprofits," Harvard Business Publisher blogger Dan Pallota writes about "Letting Non-Profits Act Like Businesses: One Foundation's Brave Act of Leadership." An excerpt: "... The Boston Foundation unveiled major changes in its grantmaking strategy and announced that 'the most dramatic change is a shift of emphasis to unrestricted operating support.' You're not hallucinating, and it's not a typo. As if the emphasis on operating support were not jaw-dropping enough, it's going to be unrestricted. This is not a narrow experiment. It involves the 'majority of the Boston Foundation's competitive grants.'"

~ the donors forum team

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