When you think about your work in philanthropy, are you selling yourself short? If so, you could be shortchanging your foundation’s effectiveness – and therefore its mission – as well. Some of the most sincere people I know in philanthropy bring a very astute sense of servant leadership to their work. They always put the needs of others first and keep themselves humbly out of the spotlight. It’s an admirable mindset, but it also can be a symptom of approaching philanthropy from a poverty mentality rather than one of abundance. As I’ve written before, foundations with a poverty mentality believe that investing in their own infrastructure or capacity somehow robs those they serve. Foundations with an abundance mentality realize that … Continue reading Are You Selling Yourself Short?
Contrary to what one might assume from the phrase, having an “abundance mentality” has nothing to do with money. Instead, it has everything to do with your foundation’s beliefs, organizational culture, and how it approaches its work. At its core, an abundance mentality is based in a belief that almost anything is possible. David conquered Goliath, and you can help conquer just about anything if you’re willing to step forward and make an effort and an investment. No doubt you’ve seen both individuals and organizations that embrace an abundance mentality, and those who are trapped in a mentality of poverty. The abundance mentality includes the belief that the answers are out there, if we only are willing to invest in … Continue reading Embracing a Mindset of Abundance
There are many rules of thumb and lists of best practices out there for grantmakers. Yet, so many grantmakers seem to get caught in ruts of practice and policy that hold them back from achieving the effectiveness and impact they want to deliver. Here are five of the most common mistakes that I’ve seen through my practice, and even seasoned grantmakers make them over and over again: 1 – Cutting yourself off from new ideas I believe in the power of strategic philanthropy – being focused on your goals and funding the strategies and practices that you believe will lead to the greatest impact. However, many strategic funders take this idea to the extreme and refuse to entertain new ideas, … Continue reading 5 Common Philanthropy Mistakes You Cannot Afford to Make