How new foundation trustees can have lasting and effective success. Whether you are launching a new foundation, refreshing your giving strategy, or are a new foundation board member, you want your philanthropy to change the world. Yet you feel unsure how to tackle complex social problems and wonder if you have what it takes to make a difference. It’s vital for new foundation leaders to determine your goals and implement your strategy without becoming mired in a culture that stifles effectiveness. To help educate and guide foundation boards toward early and lasting success, I have compiled a list of eight common mistakes foundation trustees often make — and how to avoid them. 1. They make the simple complex. Too often … Continue reading 8 Mistakes To Avoid When Starting Out In Philanthropy
Free yourself from the daily grind and support your best work. Keeping up with board meetings, grant applications, new partnerships, changes in technology and more can make the day-to-day work of managing a foundation very full, and sometimes overflowing. Every foundation CEO or board chair needs to create space for something more, though—your own way of pausing the routine and thinking bigger. I like to call it a “secret weapon.” It varies for each individual, but the outcome is the same: allowing time to better reflect, think and inform your philanthropy. What do you read? There’s no shortage of information available to better advise your work. Most clients I talk to are frustrated with information overload. Yes, that is something … Continue reading What’s Your ‘Secret Weapon’ In Philanthropy?
Every delay in our approach to philanthropy delays our ability to change lives and make an impact. When it comes to your philanthropy, do you feel a sense of urgency? Are you striving to be a responsive investor who makes a difference through true social change? Or do you still adhere to the old-school philanthropic style of sitting around fancy boardroom tables and talking politely while poring over mounds of documentation? If you find yourself falling into the latter category, it’s time to pick up the pace! Why should you change your approach? Because every delay prevents our ability to have an impact — and impact in philanthropy is about people’s lives. When we’re talking about ensuring access to high-quality … Continue reading How To Pick Up The Pace And Have Greater Impact In Philanthropy
Below are my 10 most read, shared, and commented upon articles from 2018 on Forbes.com and in my Confident Giving newsletter in 2018. Many of them were also re-posted in the newsletters and blogs of leading organizations in philanthropy, including Alliance Magazine, Giving Compass, Exponent Philanthropy, National Center for Family Philanthropy, PEAK Grantmaking and others. My readers often tell me they appreciate that my articles are provocative AND practical, and help them with the exact issues they are working on in their philanthropic giving. I hope they help you transform your giving and catapult your impact in 2019. The Delusional Philanthropist All too often philanthropists delude themselves about their own effectiveness because they don’t see the myriad ways they are … Continue reading Ten Most Read Articles of 2018
At the end of every year a consulting colleague — who I admire and adore — posts about how she takes the last few weeks of each year to set her professional and personal goals for the upcoming year. For a nanosecond I feel envy because – you guessed it – I have not yet set any such goals. Then I remember a significant difference between us: she has no kids and I have five. I have eight-year old twins plus three delightful step kids. So, while I imagine her sipping a latte in her clean and organized home, thoughtfully reflecting on what she wants to accomplish in her business and personal life, I am quite aware of what the last two weeks of … Continue reading No 2019 Goals Yet? No Worries.
Engage more deeply in learning about the issues you address and the places you serve. Effective grantmaking rarely happens if grantmakers spend all their time behind their desks. Solving intractable problems requires that funders have a true understanding of the issue, a range of partners to join in the work and an ability to continually learn from collective actions and apply that learning to ongoing efforts. None of these three things is possible if funders don’t get out of their offices and into their communities, face-to-face, on a regular basis. Here are four reasons for grantmakers to leave the office and break out of the bubble: 1. You learn more than if you’d stayed in the office. Imagine a program officer … Continue reading Leave The Office And Break Out Of Your Bubble
Maintain a habit of intentional learning. As a funder, it’s regrettably easy to stay in a “bubble” of isolation — either constrained mentally by one’s own assumptions and knowledge, or even physically by never leaving the office and venturing out into the community. If you’re in a bubble, you probably aren’t intentionally undermining your own effectiveness, but you are deluding yourself that you’re achieving the impact you’d like to see. For effective grantmaking to really happen, you need to break out of the bubble, and make an effort to deeply understand and connect with the communities you serve. The bubble-breaking process starts with a commitment to truly becoming a learning organization. Many funders claim they want to learn, but … Continue reading Break Out of Your Bubble with a Learning Agenda
Giving happens in many different ways. When we see the images of horrific damage brought on by hurricanes in the Caribbean, Florida or Texas, or by the earthquakes in Mexico, we are moved to send money in response. Through a simple financial transaction, we’ve helped address an immediate need. The same is true when we support a local food pantry to provide a meal for a hungry family, when we donate to a homeless shelter to keep a single mother and her children off the street or when our gifts to a domestic violence service agency help a battered woman escape an abusive relationship. This type of transactional philanthropy is important and necessary to help those in immediate crises meet … Continue reading Transact Or Transform: What Kind Of Giver Are You?
The human, economic and environmental toll of natural disasters in the last few months has been nothing short of overwhelming. Even if we sit miles away from danger ourselves, the stories and images of those in need call us to act. But the desire to help those in need after natural disasters can quickly lead to a confusion. There are hundreds of worthy agencies where you could potentially make a gift, but how do you know what charitable investment will deliver the greatest impact? My suggestion? Consider a community foundation. Community foundations are essentially philanthropic hubs that provide leadership, stewardship and leverage for a broad range of individual charitable contributions. They supply charitable support to nonprofit organizations, but also build … Continue reading 10 Ways Community Foundations Are A Best-Bet For Disaster Giving
Hurricanes and floods on the Gulf Coast. Devastation in Puerto Rico. Raging fires in Northern California. Earthquakes in Mexico. The list of natural disasters seems to be growing at an epic rate, and it’s hard to know where to give to best support relief and recovery efforts. Fortunately, there is no shortage of places that can bridge the gap between those wanting to give and those in need. Well-known charities like the American Red Cross or The Salvation Army do good work and provide immediate relief for those hit by natural disasters. I consider these and others important front-line resources worthy of support. But we all know that disaster relief is the tip of the iceberg. Most communities will face … Continue reading Community Foundations Keep Giving When Disasters Keep Coming