Knight Foundation Brings Unprecedented Value to Smaller Grantees
Dan Schoenfeld, former Director of Grants Administration at Knight, is not content to rest on his laurels. He had a nagging suspicion that he could figure out a way to make the foundation’s grantmaking processes even more efficient for a subset of his grantees. See how Knight is able to process a grant on a Monday morning and a check can be ready by Monday afternoon for some of the foundation's smaller grantees.
30 program staff
2-step expedited grant process
24 hour grant lifecycle
184 grants totaling $16M in 1.5 years
“It’s literally two steps,” Schoenfeld said of the expedited grant process. “These grants can be done on a Monday morning and a check can be ready by Monday afternoon.”