Hurricanes and floods on the Gulf Coast. Devastation in Puerto Rico. Raging fires in Northern California. Earthquakes in Mexico. The list of natural disasters seems to be growing at an epic rate, and it’s hard to know where to give to best support relief and recovery efforts. Fortunately, there is no shortage of places that can bridge the gap between those wanting to give and those in need. Well-known charities like the American Red Cross or The Salvation Army do good work and provide immediate relief for those hit by natural disasters. I consider these and others important front-line resources worthy of support. But we all know that disaster relief is the tip of the iceberg. Most communities will face … Continue reading Community Foundations Keep Giving When Disasters Keep Coming
Grantmakers are always looking for impact. We define the quantitative outcomes we want to achieve with our funding. We collect qualitative evidence through stories of those whose lives are changed as a result of our work. But we often forget to look for and capture the “ripple effect” of the grants that we make. Here are two examples: The William and Flora Hewlett Foundation recently gave a grant to the Community Foundation of Sonoma County to update its business model. As part of that updating process, the Community Foundation is collecting and curating data about the business models of other community foundations across the country. They will share that information widely with their peers, who are hungry for it. Hence, … Continue reading Looking for Impact? Don’t Overlook the Ripple Effect
1. Don’t innovate for innovation’s sake. All efforts at innovation should be in pursuit of a compelling reason. Further, that compelling reason should align with a foundation’s mission and vision. While funding a new app may sound fun, if the new app doesn’t directly impact an audience or issue you’ve targeted, leave it to someone else. 2. Innovation doesn’t have to be a big deal. Effective innovations can be small but brilliant internal changes. For example, redefining a grant process with the grantee in mind instead of staff. It can also be as simple as an effort to shift perspective and look at your work from the outside in. 3. Innovation doesn’t happen in a vacuum. Funders who innovate almost … Continue reading Innovation and Philanthropy: It Doesn’t Have to be Complicated!