Five Mistakes to Avoid When Pursuing Strategic Grantmaking

Being more strategic doesn’t have to be complex. The term “strategic philanthropy” is everywhere these days. That’s not surprising, since most funders are looking for ways to increase their impact. Being more strategic can be a complex undertaking — and like every complex undertaking, shifting toward strategic grantmaking comes with multiple pitfalls and opportunities to make mistakes. That’s okay. Mistakes can provide valuable information for ongoing learning, which is a key part of strategic grantmaking. Acknowledging and acting on them only serves to make your efforts stronger. That said, there are some common pitfalls that any foundation can avoid with a little forethought: 1. Not asking “why”. There is a tendency when discussing new ideas for philanthropy to rush headlong into … Continue reading Five Mistakes to Avoid When Pursuing Strategic Grantmaking

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Teach Giving With Three Empty Jars

A simple lesson can start a child on a lifetime of philanthropy. Philanthropy is an instinctive impulse. Watch a roomful of toddlers, and you’ll see how even very young children naturally are concerned about other children who are upset. Part of this is human nature, and part of it is nurture. The early lessons we teach our children about caring for others, including through our gifts of time and money, are lessons they carry with them always. One of the simplest ways I know to invest in your child’s philanthropic spirit is by using three empty jars. Starting as early as preschool for some children, but definitely by elementary school, begin the practice of preserving a little money to share … Continue reading Teach Giving With Three Empty Jars

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