How Guarantees Can Advance Community Development and Racial Equity
NonProfit Quarterly
JUNE 14, 2023
Image Credit: Charlota Blunarova on unsplash.com Private foundations are best known for their grantmaking. However, each year, foundations nationwide invest hundreds of billions, often with the simple goal of maximizing financial returns to fund future grants. At the most basic level, a guarantee is akin to automobile insurance.
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