Exponent Philanthropy has released a new edition of The Foundation Guidebook, its signature publication for those new to foundations or philanthropy.

The 128-page publication, which reflects the association’s two decades of experience serving small-staffed foundations, provides the baseline knowledge to operate a foundation smoothly, allowing readers to get on with the important work of making a difference.

The guidebook delivers practical information in the following areas:

• Designed with purpose: mission
• Architects of the plan: board of directors
• Building to code: tax and legal issues
• Laying the groundwork: investments
• Putting the structure in place: administration
• Putting out the welcome mat: grantmaking

It also includes updated sections on focusing giving, overseeing investments, and more.

This guidebook is for those starting a foundation or filling a position that has existed for decades; serving as board member, executive director, or administrator; planning for a foundation life of 10 or 100 years; or operating with volunteers or fully staffed.

You can purchase the guidebook here.