Tag Archives: “family foundation”

Three Things That Local Organizations Know But Foundations Often Miss

The Putnam team recently authored two case studies for Casey Family Programs about their Communities of Hope initiative. In Hagerstown, Maryland and Gainesville, Florida, we explored collaborations among local agencies to improve conditions and opportunities for families and children. These projects were wide-reaching and complex – just like the myriad of issues they seek to address. But in both, we saw three common threads that we believe are making these successful efforts for the community and successful investments for Casey Family Programs. These aren’t aspects of success that you can measure with metrics or data, and they are things that many funders often either take for granted or completely overlook. Yet, when they are present, we believe they make a night-and-day difference in effectiveness:  1. Personal … Continue reading Three Things That Local Organizations Know But Foundations Often Miss

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1 Mistake Family Foundations Should Avoid

A new, large family foundation is about to hire its first executive. The foundation board thinks “any manager”, a bank executive, or a business consultant would be perfectly qualified for the job – no philanthropy experience necessary. Sound familiar? Too often smart and talented people are extraordinarily successful in business, and then fail to apply their smarts to their philanthropic giving. I advised them to ask the following three questions: 1 – What is the business that allowed the donor to create so much wealth that he or she could start a foundation? Whatever it is, how successful would it have been if they had handed the role of CEO over to a banker or “any manager” with no experience … Continue reading 1 Mistake Family Foundations Should Avoid

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