The Practice of Philanthropy

This book describes the unique challenge of running a foundation. With practical insights and wisdom gleaned from years of experience, author Malcolm Macleod explores the crucial elements required for impact, from building strong relationships with non-profits to getting the most out of a governing board to managing an endowment. Skillfully weaving powerful stories of impact that remind us why this work, it's s comprehensive resource for foundation leaders. This essential book: • Shows readers both the principles of grant-making, and how to put them into practice to make more effective grants. • Shows readers how to master the practice of philanthropy so they will be able to recruit and engage an excellent board, achieve superior investment returns, and make impactful grants. • Gives readers an inside view of how foundations work and how to run them in a way that maximizes the impact of the grants.