Arthur Brooks has found a way of making fundraising fun at the AEI. He argues that it is the role of fundraisers to give philanthropists meaning: to connect their wealth with their convictions. This raises important questions for think tanks. They must think both about what may be politically relevant as well as what may be of interest and importance (literally and figuratively) for their funders. As think tanks in developing countries begin to look for domestic alternatives to foreign funding, these insights may be invaluable.
Posts tagged ‘funding’
Better Sooner than Later: Addressing think tanks’ governance and management challenges to take full advantage of new funding and support opportunities
This last post about Governance and Management presents a discussion on staffing, line management, and monitoring for management. It encourages think tanks and their funders to deal with the elephant in the room sooner than later.
Contracts stand between think tanks and the funds they need. But these contracts are hardly ever developed for think tanks -or with think tanks in mind. They pose enormous challenges for them, often compromising their own core asset: their intellectual capital. This post considers three typical contracts and puts forward some recommendations to improve the terms of the contracts that think tanks in developing countries receive.
Funding think tanks requires careful consideration of a number of variable: who is funding, who receives the funding, what is it for, and how is it delivered. Think tanks should not be funded as if they were just another organisation; nor should they all be funded the same way across the board. In this post I try to outline some of the questions (and analysis) that funders may want to consider before funding think tanks.
Are all think tanks non-for-profits? It seems that many think tanks in Hungary are for-profit companies that look, talk, walk like think tanks. Should their legal status make a difference on whether they get funding or not? Should donors just accept that difference is the rule?
Hans Gutbrod analyses how 20 leading US think tanks have developed over 2012. Seven of them are doing very well, while four of them are not exactly comfortable, at least not in financial terms. Analysis and detailed spreadsheet available.