Tackle these 6 common challenges to pick up speed. In grantmaking, it is always important to eliminate unnecessary steps and streamline our grant processes. Streamlining strengthens our foundations, creates more effective strategies and supports efficiencies for our grantees. But just as important as streamlining your foundation is understanding why our processes can become bogged down in the first place. Philanthropy isn’t the only field that can be slow when it comes to strategy. Any corporation or department of government faces the same struggles in trying to remain responsive to current conditions. The best way to pick up speed when it comes to strategy is to face these six common challenges head on: 1. Fear Fear is the No. 1 reason work slows … Continue reading Why Foundation Strategy Moves Slowly
Spot and change behaviors that undermine your own altruistic goals. Delusional altruism is rampant in the philanthropic sector. I coined the term “Delusional Altruism®” to describe situations in which a funder is genuinely trying to make a difference on the issues and communities it cares about—while paying absolutely no attention to how it may be getting in its own way, nor to the operational inefficiency and waste that drains both the donor and grantees of the human and financial capital necessary to accomplish their goals. It can be difficult for funders to recognize when they’re engaging in delusional altruism. Because of this, I’ve created the online Delusional Altruism Diagnostic that allows funders to rate their performance based on 10 manifestations … Continue reading 10 Ways To Overcome Delusional Altruism In Your Philanthropy
I just got back from my family’s annual month-long vacation to Chautauqua Institution, New York. In between long walks with my husband, taking our kids boating on Lake Chautauqua, and countless dinner parties with friends, I was retained by three new clients, booked a speaking engagement, became a “practical advice” content partner to Alliance Magazine (the leading magazine for the global philanthropic sector), and was asked to be the new “international expert on strategic philanthropy” for an online European philanthropy news outlet (more on that in the coming months). Sounds like a pretty productive vacation, right?! I’m often asked by my advising and coaching clients how they can create a better “work-life balance.” And I share the advice I’ve learned … Continue reading Get a Life
Get rid of vague terms and confusing philanthropy jargon forever. In my line of work, I pick up a lot of interesting stories from the front lines of the foundation world. Some are inspiring, some heart-wrenching, and others downright funny. This one made me want to both laugh and cry simultaneously. A foundation leader told me that he and his staff were fed up with the amount of philanthro-speak that appeared in foundation documents — especially in the foundation’s grant guidelines. Vague terms like “innovative,” “equity,” “empowerment,” “disruption,” “intersectionality,” “sustainability,” “collective impact,” “best practices,” and “systemic,” were rife within the guidelines document. Grantees, confounded by the language, attempted to make up for their lack of clarity by peppering those same … Continue reading Are You Driving Your Staff (and Grantees) to Drink?
Test your readiness with the following checklist. Incorporating a strategic approach to grantmaking isn’t something foundations can or should do overnight. Developing a strategy involves learning, planning, testing and cultivating support within the community. When, how, and how much to invest in a strategic approach are decisions that foundation leadership must weigh carefully. Moving into strategic philanthropy can be intimidating. There are many steps to take, questions to ask, and options to consider. But don’t let the challenge lead to paralysis. If you’re thinking of developing a strategic grantmaking approach, use the following checklist to test your readiness. Do any of these statements reflect your current situation? You are frustrated by a lack of understanding of your foundation’s impact. You … Continue reading Are You Ready to be Strategic?
Six simple strategies donors use to create their best legacy. In our culture, we’ve been trained that those with money are those who deserve our respect. Of course, we all know that this is not true in practice. There are many wealthy people for whom many of us have little or no respect, because they demonstrate little or no respect for others. Unfortunately, the same is true for philanthropy. There are individual philanthropists and foundations among us that are disrespectful to their grantees and their peers, although usually they do not intend to be. Creating a legacy of respect starts with a donor, and it grows throughout his or her entire philanthropic operation. Here are six simple strategies to cultivate … Continue reading R-E-S-P-E-C-T: Respect in Philanthropy
How donors with the best intentions get in everyone’s way. Everyone who gives away money or makes a social investment wants to feel like they are doing good. After all, that’s the basis of philanthropy. We want to help others, make lasting positive change and leave the world and its inhabitants better off because of our contributions. But too often, philanthropists delude themselves about their own effectiveness because they don’t see the myriad ways that they are adding needless complexity and complication to their work. They are blind to their own behaviors, policies and practices that can cause more harm than good. And they frequently get in their own way without realizing it. I call this delusional altruism. Here’s an example: … Continue reading The Delusional Philanthropist
A philanthropy consultant should live and breathe the principles of giving back. Let’s make no mistake about it: philanthropy advisors and consultants are in business to make a living. They provide a service that delivers value to their clients in exchange for compensation. Good philanthropy consultants leave no doubt in the minds of their clients that their services are worth the investment. But I believe that philanthropy consultants also should live and breathe the principles of giving back with their own generosity and philanthropy. I’m not only talking about consultants who make their own charitable gifts. I’m talking about those who go the extra mile to contribute deeply to the causes in which they specialize or to the field … Continue reading How Generous are Your Consultants?
Philanthropy is supposed to feel great. But what if it doesn’t? As the holiday season approaches, many of us are reminded frequently that this is supposed to be a time of joy. Sometimes it’s easy to be thankful and happy about theblessings in our lives — especially if we work in philanthropy! But sometimes the joy gets squeezed right out of us with deadlines, overflowing inboxes, people we don’t like to spend time with (whether they are grantees, co-workers or foundation trustees), frantic year-end meetings that never result in action and much more. When we lose the joy that should come with giving, it shows. We have less energy and enthusiasm to share with our team. Our creativity suffers, as do our relationships with grantees and partners. I believe … Continue reading Where’s The Joy?
Giving happens in many different ways. When we see the images of horrific damage brought on by hurricanes in the Caribbean, Florida or Texas, or by the earthquakes in Mexico, we are moved to send money in response. Through a simple financial transaction, we’ve helped address an immediate need. The same is true when we support a local food pantry to provide a meal for a hungry family, when we donate to a homeless shelter to keep a single mother and her children off the street or when our gifts to a domestic violence service agency help a battered woman escape an abusive relationship. This type of transactional philanthropy is important and necessary to help those in immediate crises meet … Continue reading Transact Or Transform: What Kind Of Giver Are You?