The Lodestar Foundation aims to maximize philanthropic efforts by supporting endeavors that encourage philanthropy, public service, and volunteerism, and by fostering long-term collaborations among nonprofits to enhance efficiency, impact, and reduce redundant efforts. They focus on adopting sound business practices to increase philanthropic resources and impact.
The Lodestar Foundation grants are designed to support organizations, projects, and programs that align with their mission of enhancing philanthropy and encouraging volunteerism and public service. They particularly emphasize leveraging their assets through strategic funding, often involving challenge and matching grant requirements. Their grant philosophy includes maximizing strategic impact by focusing on projects that aim for systemic changes in nonprofit operations. The Foundation supports strengthening organizations that grow philanthropy and promote volunteerism or public service at a broad level. It endorses sustained collaborations among nonprofits, including joint programming, administrative consolidations, mergers, and the creation of networks or associations. Additionally, Lodestar invests in special projects that address local community concerns and supports selected international NGOs, aiming to build knowledge and educate others in philanthropy and collaboration as strategic tools for nonprofit capacity-building.