Grantmaking Quotes

The major challenge facing most foundations is that they are risk averse. This inhibits their ability to experiment and commit to the experimentation and innovation process.

If we get the donations, I think we're going to raise a significant amount of money; some will be used for some administered costs, but the public portion of that will go directly into grants.

I have a philanthropy advisor, Hari Menon, who was earlier at the Gates Foundation.

Our aim is to set some kind of benchmark and standards for transparency and governance in private philanthropy.

My mom was on the United Way group that decides how to allocate the money and looks at all the different charities and makes the very hard decisions about where that pool of funds is going to go.

Online, you can become much more than a reactive donor - you can become a proactive, strategic, collaborative philanthropist, improving your giving every day by tapping into the wealth of philanthropic resources available at the tap of a keyboard or the click of a mouse.

Philanthropy is no longer about writing a check for $10,000 to the opera.

We went around and looked and talked to a lot of foundations with those charities and decided upon the Children's Hospital. They had a golf tournament at the time, but it was a small event that didn't raise a significant amount of money.

It was only in 2001 that I set up a foundation, Arghyam. That was pretty much to learn the ropes of how to give, what to do.

Too often we're happy to receive thanks from the nonprofits we fund, accepting gratitude instead of feedback or performance measurements.