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by Prentice Zinn

The Association of Small Foundations’ website hosts a helpful checklist of annual foundation board to-dos, describing the various financial, legal, governance, grantmaking, and administrative tasks that foundations should undertake each year.

Like all housekeeping chores, however, some of the more difficult tasks may get neglected.  Updating grant policies is one of those.  Critiquing your own work is not easy.  Nevertheless, setting aside a little time to validate and question your foundation’s transactional practices is a great way to recalibrate, to maximize impact.

Consider adding these three hard grantmaking policy questions to your foundation’s housekeeping list for 2014:

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