Foundation Innovation, a full-service consulting firm serving education foundations, collected questions from stakeholders and provided guidance during a one-hour panel discussion. During this discussion, the Foundation Innovation team provided advice on issues unique to foundations during the Coronavirus pandemic:
- The ability to amend bylaws to align the foundation’s mission with needed crisis support
- How to divert funds from previously established priorities to address immediate needs
- How foundations and school districts can align their goals to most effectively serve students
- When and how to appropriately communicate with new, current and future donors during a sensitive time
- How to handle the cancelation or postponement of in-person events
- How foundations can provide hope and encouragement in light of the COVID-19 outbreak
- The use of restricted and unrestricted gifts to meet emerging needs
To view the full panel discussion, click here.