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Giving to Make a Difference |
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The BLACKNJ Giving Glossary is a resource that enables you to define philantropic
terms you may find in a Featured Organization's detail page. Browse through
or click alpha links to jump term:
Giving Pattern
The overall picture of the types of projects and programs
that a donor has supported historically. The past record
may include areas of interest, geographic locations, dollar
amount of funding or kinds of organizations supported.
Grant
An award of funds to an organization or individual to
undertake charitable activities.
Grant Monitoring
The ongoing assessment of the progress of the activities
funded by a donor, with the objective of determining if
the terms and conditions of the grant are being met and
if the goal of the grant is likely to be achieved.
Grantee
The individual or organization that receives a grant.
Grantor
The individual or organization that makes a grant.
Grassroots Fundraising
Efforts to raise money from individuals or groups from
the local community on a broad basis. Usually an organization
does grassroots fundraising within its own constituency—people
who live in the neighborhood served or clients of the
agency's services. Grassroots fundraising activities include
membership drives, raffles, bake sales, auctions, dances
and a range of other activities. Foundation managers often
feel that successful grassroots fundraising indicates
that an organization has substantial community support.
Guidelines
A statement of a foundation's goals, priorities, criteria and procedures
for applying for a grant.
In-Kind Contribution
A donation of goods or services rather than cash or appreciated
property.
Independent Foundation
These private foundations are usually founded by one individual,
often by bequest. They are occasionally termed "nonoperating"
because they do not run their own programs. Sometimes
individuals or groups of people, such as family members,
form a foundation while the donors are still living. Many
large independent foundations, such as the Ford Foundation,
are no longer governed by members of the original donor's
family but are run by boards made up of community, business
and academic leaders.
Internal Revenue Service (IRS)
The federal agency with responsibility for regulating
foundations and their activities. On-line at www.irs.gov.
Jeopardy Investment
An investment that risks the foundation's ability to carry
out its exempt purposes. Although certain types of investments
are subject to careful examination, no single type is
automatically a jeopardy investment. Generally, a jeopardy
investment is found to be made when a foundation's managers
have failed to exercise ordinary business care and prudence.
The result of a jeopardy investment may be penalty taxes
imposed upon a foundation and its managers. (See Program
Related Investment.)
Letter of Intent
A grantor's letter or brief statement indicating intention
to make a specific gift.
Limited-Purpose Foundation
A type of foundation that restricts its giving to one
or very few areas of interest, such as higher education
or medical care.
Loaned Executives
Corporate executives who work for nonprofit organizations
for a limited period of time while continuing to be paid
by their permanent employers.
Lobbying
Efforts to influence legislation by influencing the opinion
of legislators, legislative staff and government administrators
directly involved in drafting legislative proposals. The
Internal Revenue Code sets limits on lobbying by organizations
that are exempt from tax under Section 501(c)(3). Public
charities (see Public Charity) may lobby as long as lobbying
does not become a substantial part of their activities.
Private foundations (see Private Foundations) generally
may not lobby except in limited circumstances such as
on issues affecting their tax-exempt status or the deductibility
of gifts to them. Conducting nonpartisan analysis and
research and disseminating the results to the public generally
is not lobbying for purposes of these restrictions.
Matching Gifts Program
A grant or contributions program that will match employees'
or directors' gifts made to qualifying educational, arts
and cultural, health or other organizations. Specific
guidelines are established by each employer or foundation.
(Some foundations also use this program for their trustees.)
Matching Grant
A grant or gift made with the specification that the amount donated must
be matched on a one-for-one basis or according to some other prescribed
formula.
Operating Foundation
Also called private operating foundations, operating foundations
are private foundations that use the bulk of their income
to provide charitable services or to run charitable programs
of their own. They make few, if any, grants to outside
organizations. To qualify as an operating foundation,
specific rules, in addition to the applicable rules for
private foundations, must be followed. The Carnegie Endowment
for International Peace and the Getty Trust are examples
of operating foundations.
Operating Support
A contribution given to cover an organization's day-to-day,
ongoing expenses, such as salaries, utilities, office
supplies, etc.
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| DISCLAIMER:
BLACKNJ, Inc., BLACKNJ Giving Back, Inc. and its agents do not endorse either the organizations or the volunteer opportunities identified on this web site; nor make any warranty regarding the contents of the organizations or the philanthropic opportunities, and will not be liable for any loss, damages, or injury to persons or property in any manner arising out of or incident to the use of the website, including any consequential damages. All logos and images used to visually depict listed organization are the property of the respective organization. |
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| © 2005 BLACKNJ, Inc. All Rights Reserved |
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