Foundations Talk About Strategy, but Few Follow Clear Plan

While many foundations say they have a strategy for their giving, a new report suggests only a small number of grant makers actually do.

Based on interviews with 42 chief executives and program officers at two dozen large philanthropies, the report identifies 11 staff members who could articulate a coherent plan for their fund's efforts.

While almost all the grant makers said they believed in the value of having a strategy, few backed up their words with action, according to

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