The Rise of the Vertically Integrated Foundation
How foundations are bringing initiatives and programs in house.
I’ve noticed a trend recently when talking to a number of mid-size foundations that more and more are becoming operating foundations, where they run their own programs, launch their own social enterprises, and spend more of their dollars in-house on initiatives of their own design. I anticipate this trend will dramatically change the ways foundations and nonprofits interact with each other over the next 10 years. What is the best part of this and the most concerning?