Nothing creates heart pounding ghoulish fear in the minds of a grantee like hearing from their funder: “We’re about to start strategic planning.” A funder undergoing strategic planning can put the nail in the coffin for grantees…at least temporarily. Philanthropic strategy development seems to last forever. During this time, and often behind closed doors, the funder might “suspend grantmaking” to “evaluate priorities and approaches.” This leaves nonprofits to wonder if this dark period will lift. And when it does, will the funder still support their organization? Strategy development is important. It helps philanthropists clarify what they want to accomplish. It should lead to change. But it doesn’t need to leave grantees screaming at their desk chairs! You don’t want to … Continue reading One Guaranteed Way to Scare Your Grantees!
It’s almost the end of 2019. Have you achieved your year-end goals? If not, don’t despair! You have plenty of time if you act now. Just follow my 3-step process. There are 46 weekdays left between now and December 31. Take away 10 days for holidays and vacation, and you have 36 days left. 36! 36 days to do all that stuff you declared you would do in January. 36 days to meet your end-of-year goals. Feeling a little overwhelmed? Don’t. You can do this! Just follow these three simple steps: 1. Prioritize. What are the top 1-3 things you want to accomplish by the end of the year? These could be professional, personal, or both. Write them down and put … Continue reading 36 Days and Counting…
How to get the most out of your philanthropy. If you are like many wealthy individuals and families, you look to your wealth advisor or family office for help with charitable giving. But you also seek advice and guidance beyond checkbook donations. You need help selecting the best giving vehicle, such as starting a foundation or donor-advised fund. You want clarity on your philanthropic goals. You want to know if you’re having an impact. You need advice on how to involve your entire family in giving, while instilling a philanthropic legacy for generations to come. As a donor, your wealth advisor or family office is a potential resource for philanthropic advice. They already understand your financial goals and are helping … Continue reading 10 Questions Every Donor Should Ask Their Wealth Advisor
Change the outcomes in your philanthropic journey. Learning isn’t hard to do, but it must be intentional and continuous. Whatever role you play in philanthropy—be it donor, foundation leader or trustee—in order to make a real impact, you have to ask the right questions. And there is one question that is guaranteed to save time and money and help achieve dramatic results. It’s a simple question, but the answers you receive can help you start out with a sound strategy, change your outcomes and change the way you think about your giving. That question is this: “If you could do it all over again, what would you do differently?” Yes, it’s really that simple. If you ask others that question while … Continue reading Ask One Question To Save Time, Save Money And Achieve Greater Impact