Many new funders feel daunted by the prospect of launching a new philanthropic foundation or taking on the role of a new foundation leader or trustee. With a multitude of tasks to complete and knowledge to acquire, it is crucial to be aware of potential mistakes and challenges. Drawing from my conversations with thousands of […]
7 Mistakes New Philanthropic Foundations Make Read More »
In today’s ever-changing landscape, many grantmakers are feeling overwhelmed and defeated by the uncertainty of the future. It seems like every other day there’s a new challenge to face, a new opportunity to assess, and a new plan to adjust. In a world where volatility and disruption are the new status quo, how is a
How Grantmakers Can Plan in Uncertain Times Read More »
Starting a family foundation is a major milestone for wealthy families. It allows them to give back to their communities, support causes they care about, and leave a lasting legacy. However, once the foundation is established, many families find themselves unsure of where to begin. This can lead to confusion and disorganization, causing the family
6 Steps to Get You Started After Creating a Family Foundation Read More »
Succession planning in family foundations is crucial in ensuring the longevity and continued success of the foundation. With the shifting of leadership roles, it is important to have a plan in place to transition smoothly and maintain the foundation’s vision, mission, and legacy. This not only protects the foundation’s assets but also sets a clear
Why Succession Planning for Family Foundations is So Important Read More »
I’ve talked about how RFPs are not an effective means to find philanthropy advisors, so how do you find the right one for your foundation? I recently wrote a two-part blog series about the fallacy of requests for proposals (RFPs) as an effective means to find philanthropy advisors and the myths and facts that
Hiring the Right Philanthropy Advisor Read More »
Many silver linings amidst a challenging year! 2022 was quite a year for us all. For me personally, it was filled with deep challenges but also tremendous achievements and success. In the first four months of last year, both my mom and stepmom died unexpectedly, a family home was destroyed by water damage, and I
Sharing Some Good News! Read More »