The Edna McConnell Clark Foundation s Bigger and Better Capital Flow Creates Its Own Course (Winter 2018)
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The Edna McConnell Clark Foundation has become distinguished for its exploration of a new form of grantmaking: megagrants, designed around nonprofit directed working capital, funding for rigorous evaluation, and capacity building. This article describes some of the foundation’s learning along the way as it gears up for the spend-down of its assets eight years from now. by Ruth McCambridge