How does the foundation of the 21st century achieve transparency? Does it post a searchable grants database at its web site? Does it use Twitter or Facebook to distribute news about its program priorities? At www.glasspockets.org, a web site launched February 1 by the Foundation Center, foundations that have taken the lead in communicating about their work, particularly using online resources and social networks, are featured along with direct links to their current initiatives. Designed to inspire greater openness among private foundations, Glasspockets encourages these organizations to tell the stories of their successes - and failures - in part by highlighting exemplary efforts of their peers.
According to Foundation Center President Bradford K. Smith, the term "glasspockets" was used more than 50 years ago by then-Carnegie Corporation of New York Board Chair Russell Leffingwell, who told a McCarthy-era Congressional hearing: "We think that the foundation should have glass pockets."
Read more at: www.glasspockets.org/about/