A new grant-making approach is paving the way for philanthropies to better support people and causes that are too often ignored ` and offering an opportunity to cultivate new nonprofit leaders and donors.

Community-based "focus funds" are small, vibrant grant-making organizations created by people who are connected not just by location, as with community foundations, but also by shared experience and culture, such as race, ethnicity, gender, or sexual orientation. Because the approach is similar to a community foundation, many focus funds are housed at those institutions. Read this Article...