from Stanford Social Innovation Review:

A Different Kind of Philanthropy

What if foundations mostly gave unrestricted funding instead of dictating how grantees could spend their grants? What if foundations kept supporting grantees who performed instead of ending funding because the “grant cycle” had ended? What if foundations ditched the whole system of soliciting grant proposals and focused on proactively searching for great grantees? What if foundations expected grant reports to mostly consist of information the nonprofit was collecting anyway rather than specialized requests that sap the grantees resources?

It seems like a pipe dream. A wish list of a harried executive director.

But this sort of foundation exists. And it is thriving.