Foundations will probably accelerate spending in 2014, given the 7.5 percent increase in total assets last year, says Brian Wodar, national director of Bernstein Nonprofit Advisory Services. As grant seekers compete for a share of that money, they will want to demonstrate that they are:
Tackling big problems
Foundations are increasingly interested in “collective impact” work—getting government agencies, businesses, and a diverse group of nonprofits to work toward a shared vision for solving a complex social problem. A well-known example of this is the Strive Partnership, in Cincinnati and northern Kentucky, which focuses on college completion.
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