1. Don’t innovate for innovation’s sake. All efforts at innovation should be in pursuit of a compelling reason. Further, that compelling reason should align with a foundation’s mission and vision. While funding a new app may sound fun, if the new app doesn’t directly impact an audience or issue you’ve targeted, leave it to someone […]
Innovation and Philanthropy: It Doesn’t Have to be Complicated! Read More »
The word “innovation” is ubiquitous in philanthropy. It’s a concept that few foundations have defined, yet many are eager to fund. No surprise, then, that foundations often request “innovative ideas” from their grantees but fail to accomplish the same thing internally. When a funder doesn’t create a clear definition of innovation or understanding of how
What Does Innovation Mean? Read More »
“Innovation” is one of those terms with many connotations, so it’s important to consider what you mean when you use it in your philanthropy. If you don’t have a clear definition, it leaves the onus to define and deliver innovation completely up to others, or it implies that innovation is something that “just happens.” Further,
Innovation is for Everyone Read More »