The Practice of Philanthropy: A Guide for Foundation Boards and Staff

A comprehensive guide for foundation leaders to maximize their impact through effective grant-making, investment, and governance.

The Practice of Philanthropy offers practical insights and wisdom for anyone involved in running a foundation. Drawing on years of experience, Malcolm Macleod explores the crucial elements required for impact, from building strong relationships with non-profits to getting the most out of a governing board and managing an endowment. This resource provides foundation leaders with the tools to:

• Master the principles of grant-making and put them into practice.
• Recruit and engage an excellent board and achieve superior investment returns.
• Maximize the impact of grants through effective strategies.

With powerful stories of impact and practical tips, this comprehensive guide helps foundation leaders achieve their goals and make a positive difference in society. It is essential reading for foundation CEOs, aspiring CEOs, board members, and staff.

Malcolm Macleod is Chair of the Board of Directors of the Johnson Scholarship Foundation. The privately endowed U.S. foundation gives grants to organizations that help people overcome barriers to education and employment. He was president and CEO of the foundation until he retired in April 2020. Born in Amherst, Nova Scotia, Macleod joined the firm of Patterson, Smith, Mathews and Grant as an associate and practiced with that firm and its successors for over 25 years. During that time, he served as managing partner and chair of the firm’s litigation department.