Why is a Foundation Incubator needed?
Philanthropy is a growing industry. The 62,000 foundations in the U.S. hold assets in excess of $500 billion and over 5,000 new foundations are created each year. Many are located in the West, with Silicon Valley emerging as a major philanthropic center. Despite this proliferation, the process of establishing and managing a foundation can be time-consuming, confusing, and isolating. Through mentoring, collaboration, and professional education, The Foundation Incubator helps foundations to be more informed, strategic, and effective. Philanthropists learn in a person-to-person, just-in-time manner from the best in the field.