Geraldine Kunstadter Wants Foundations to Take More Risks

(4-14-10) In an interview with Alliance Magazine, Geraldine Kunstadter of the Albert Kunstadter Family Foundation discusses her grantmaking practices, while urging larger foundations to take risks and pare down assessment practices. Kunstadter, who regularly visits her foundation's grant recipients (16 in the U.S. and abroad per annum), has a very personal relationship to the granting process and offers a unique perspective on the funder-grantee dynamic: "If you trust people enough to give them money, you have to trust that they know best how to spend it."

Read the interview here.

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