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Similar and Different: 5 Key Shifts from Hospital Board to Private Foundation Board

foundation, leadership, Management, nonprofit, Practical Tips for Philanthropists /

The sale of a nonprofit hospital or health plan to a for-profit company can yield a great deal of change for a community, including the creation of a new, independent foundation created from the proceeds of the sale. In many cases, these new entities represent a significant new source of community wealth – and where […]

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To Convene or Not to Convene? 4 ways to make the most of coming together

communication, foundation, leadership, Philanthropy, Practical Tips for Philanthropists, Strategy /

Foundations have a unique and important role to play as a convenor. They can provide neutral ground for discussion. They have the social capital to compel attendance. And if all else fails, they usually have the budget for better-than-average meeting food. But I believe that foundations also have a responsibility to use their convening power

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10 Mistakes New Foundation Boards Make, and How to Avoid Them (Part 2)

communication, consultant, family foundation, foundation, leadership, Practical Tips for Philanthropists /

Last week, we looked at five mistakes that new foundation boards often make, and how to avoid them. Below are five more practices that may get new boards off to a rocky start. Fortunately, they’re all avoidable with a little foresight, planning and honest introspection. Failing to learn The opportunity to expand your knowledge doesn’t

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Use an Abundance Mentality to Streamline Foundation Processes

consulting, foundation, Practical Tips for Philanthropists, Strategy /

About a year ago, I wrote a newsletter article about grantmaking with an abundance mentality rather than a poverty mentality. That sparked a good bit of interest, some speaking requests, and an article in the December 2015 edition of GMNsight (a publication of the Grants Managers Network) about how an abundance mentality can help foundations

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A New Year’s Resolution: Be a Disrupter for a Day

foundation, leadership, Practical Tips for Philanthropists, Strategy /

This is a guest post by Allen Smart, Interim President and Vice President of Programs, and Nora Ferrell, Director of Communications, at the Kate B. Reynolds Charitable Trust Most of us chose the world of philanthropy because we wanted to make a difference—the same goes for our friends in the nonprofit arena. But soon, some

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