The Putnam team recently authored two case studies for Casey Family Programs about their Communities of Hope initiative. In Hagerstown, Maryland and Gainesville, Florida, we explored collaborations among local agencies to improve conditions and opportunities for families and children. These projects were wide-reaching and complex – just like the myriad of issues they seek to address. But in both, we saw three common threads that we believe are making these successful efforts for the community and successful investments for Casey Family Programs. These aren’t aspects of success that you can measure with metrics or data, and they are things that many funders often either take for granted or completely overlook. Yet, when they are present, we believe they make a night-and-day difference in effectiveness: 1. Personal … Continue reading Three Things That Local Organizations Know But Foundations Often Miss
When you think about your work in philanthropy, are you selling yourself short? If so, you could be shortchanging your foundation’s effectiveness – and therefore its mission – as well. Some of the most sincere people I know in philanthropy bring a very astute sense of servant leadership to their work. They always put the needs of others first and keep themselves humbly out of the spotlight. It’s an admirable mindset, but it also can be a symptom of approaching philanthropy from a poverty mentality rather than one of abundance. As I’ve written before, foundations with a poverty mentality believe that investing in their own infrastructure or capacity somehow robs those they serve. Foundations with an abundance mentality realize that … Continue reading Are You Selling Yourself Short?
I’ve been thinking small lately. To be specific, I’ve been thinking about small foundations and the immense power they hold. I’ve just finished presenting at Exponent Philanthropy’s conference and met a number of highly engaged and courageous small-foundation grantmakers who are eager to tap into their own power for change. I led a workshop for about 100 of these grantmakers and explored various ways in which they can make a huge difference with relatively small investments. We talked about tactics like funding research, using their convening power, seeding innovation and funding advocacy. These aren’t new strategies. In truth, these and many other approaches are available to small and large grantmakers alike. But there’s one area where small foundations lead the … Continue reading The Power of Small
I’ve been hearing a lot lately about funders weighing the options between strategic grantmaking and responsive grantmaking. The general angst seems to come from a sense that all funding must be strategic in order to make a difference. While it’s true that strategic philanthropy (as described below) can lead to broader or deeper outcomes, there is a time and a place for both. Let’s take a look at each: Responsive grantmaking is being open to receiving proposals and ideas from any nonprofit, and allowing the nonprofits to drive the agenda. Requests are initiated by the nonprofit, rather than by a funder seeking them out. This doesn’t mean that a foundation doesn’t have core areas of focus, but that within those … Continue reading Strategic, Responsive, or Both?
Too often foundations request “innovative ideas” from their grantees but fail to accomplish the same thing internally — or even define what “innovation” means to them. The implied assumption is that innovation “just happens.” Further, lack of clear definition has come to imply that innovation must be a dramatic, game-changing, disruptive new idea or practice: the iPhone of early childhood education, the Post-It note of economic development. As a result, the expectations for innovation are both so high and so fuzzy that most people naturally feel intimidated, not realizing that they too can create innovations and that innovation is not the exclusive domain of those who are smarter or more creative. After reading a book called The Innovation Formula by business gurus Michel … Continue reading 4 Steps for Fostering Innovation
This week, instead of sharing one point of wisdom, I’d like to share many – 46 of them, in fact. That’s how many entries you’ll find in my newly published book, Confident Giving: Sage Advice for Funders. Why write a book? While a blog is great for sharing advice and helpful content in small, quick bursts of content, it also helps to have wisdom collected all in one place. This is true for just about any topic. As a parent, I value little pearls of wisdom I’ve picked up here and there from friends and relatives, but there’s a reason why Dr. Spock’s Baby and Child Care is one of the top-selling books of all time. As a consultant, I use … Continue reading Collected Wisdom for Grantmakers
Foundations often expect nonprofits to collaborate, yet they less frequently turn that expectation on themselves. There is tremendous opportunity to exponentially expand the impact of your grantmaking through funder collaboration. If you’re just getting started in exploring collaboration, or want a refresher, here’s a quick look at the basics: What are the types of funder collaboration? Funder collaboration comes in all shapes and sizes, but in general there are three primary types: Shared learning. Funders come together to learn about latest topics and share experiences in a particular area of interest. Strategic alignment. Funders learn about and support various aspects of a shared agenda, such as a systemic change in a field or laying the groundwork for policy change, but … Continue reading Collaboration 101
Most philanthropies seek to be strategic and have an impact. Yet few build their own internal capacity to be strategic grantmakers. In particular, most funders forget to intentionally learn from their initial piloting and testing of strategies so that they can make early modifications and course corrections. Learning isn’t hard to do, but it must be intentional, documented, discussed within your team, and it must lead to decision making. It can’t simply exist inside a program officer’s head. One of our clients, the Kate B. Reynolds Charitable Trust, asks themselves, “What will make or break this grant?” when deciding whether to recommend a significant grant to their board. They are clear on the risks involved and what needs to happen … Continue reading Learning How to Learn
School’s out and summer is here! Time to pursue that great American pastime – the lazy summer vacation. Be it at the beach, in the mountains, or somewhere in between, there’s actually a great value in taking time off and letting your mind daydream for a bit. In fact, summer dreaming time is the perfect way to spark what could be a dramatic change in your philanthropy. All you need, really, is your own permission to do so. While you’re miles away from the phone, co-workers, and day-to-day expectations, give yourself time and space to dream a little. Take a few deep breaths. Allow yourself to understand that any and all thoughts are welcome – even those that may feel unorthodox. … Continue reading Summer Daydreaming is the Perfect Time to Re-Imagine Philanthropy
When most people think about philanthropy, it’s all about the money. But cold, hard cash is just one of many tools in a grantmaker’s tool belt. And some of those non-cash tools are far more effective when it comes to addressing grantee needs and community challenges. Here are eight tools grantmakers can – and should – use more often: Connections – Who are the people you know, and how could you make introductions or referrals for your grantees? If you’re like most people, you probably have a broader list of contacts than you realize. Don’t be afraid to use it. Think about the other funders, accountants, attorneys, consultants, government employees, and nonprofit leaders you’ve met. How could these people help … Continue reading 8 Tools Grantmakers Frequently Forget to Use