Most funders fail at this. Are you one of them? About a year ago I decided to publish another book. I went so far as to write “publish book by year’s end” on a yellow post-it and stuck it next to my computer so that I’d see it every day. And then I let a bunch of other stuff get in the way. Client deadlines, speaking engagements, scheduling camp for my kids. I hadn’t made the book a priority, so nothing happened. A year later I changed. I made the book one of my top three priorities. Then I made a list of the most important things I needed to do to publish it. I blocked out time in my … Continue reading 10 Steps to Rapid Strategy Implementation
Strategy most often fails in implementation. With all the effort that went into developing your new strategy and writing your strategic plan, the hardest part is making the darn think work! Many donors, foundations and corporate giving programs create strategic plans to clarify their philanthropic goals and guide funding decisions. Too often, however, their new strategy doesn’t even get off the ground. Here are five reasons for this: 1. You are exhausted. If you are like most foundations and philanthropists, you have spent WAY too long developing your strategy. Endless meetings, environmental scans, self-assessments, board assessments, finding and engaging a small army of content experts, writing and re-writing the perfect strategic plan document (complete with beautiful graphics and theories of change). … Continue reading Your Strategic Plan is About to Fail
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
Here are 5 steps you can take to rekindle your love of philanthropy. Renew the spark that set you on this path. When you first entered the world of philanthropy, did you begin each new day with a sense of excitement? Were you driven by all the possibilities to effect change that you saw on the horizon? When a new project crossed your desk, did the challenge fill you with joy? Fast-forward to now. Do you wake up excited for your day’s work — or unenthusiastic? Are you driven by possibility — or compelled by deadlines and tired bureaucracy? As challenges arise, do you still feel joy — or only dread? As philanthropists, nearly all of us have experienced the … Continue reading Bringing The Joy Back To Your Philanthropy
Talk about giving with your family to instill philanthropic traditions. The holidays tend to ignite the spirit of giving in all of us. As your family gathers to celebrate, the dining room table is a great place to start the discussion of philanthropy. As you give thanks, give back. As you fill your bellies, think about how you can fill the bellies of those in need. This time of year, especially, families come together and volunteer for worthy causes, give to their favorite charities and visit charitable organizations. The holiday season reminds us of the importance to “spread cheer” and do good in the world. As the end of the year approaches, this is a great time to assess your … Continue reading Spread The Spirit Of Meaningful Giving This Holiday Season
Get rid of vague terms and confusing philanthropy jargon forever. In my line of work, I pick up a lot of interesting stories from the front lines of the foundation world. Some are inspiring, some heart-wrenching, and others downright funny. This one made me want to both laugh and cry simultaneously. A foundation leader told me that he and his staff were fed up with the amount of philanthro-speak that appeared in foundation documents — especially in the foundation’s grant guidelines. Vague terms like “innovative,” “equity,” “empowerment,” “disruption,” “intersectionality,” “sustainability,” “collective impact,” “best practices,” and “systemic,” were rife within the guidelines document. Grantees, confounded by the language, attempted to make up for their lack of clarity by peppering those same … Continue reading Are You Driving Your Staff (and Grantees) to Drink?
Six simple strategies donors use to create their best legacy. In our culture, we’ve been trained that those with money are those who deserve our respect. Of course, we all know that this is not true in practice. There are many wealthy people for whom many of us have little or no respect, because they demonstrate little or no respect for others. Unfortunately, the same is true for philanthropy. There are individual philanthropists and foundations among us that are disrespectful to their grantees and their peers, although usually they do not intend to be. Creating a legacy of respect starts with a donor, and it grows throughout his or her entire philanthropic operation. Here are six simple strategies to cultivate … Continue reading R-E-S-P-E-C-T: Respect in Philanthropy
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?
Billionaire Jeff Bezos’s recent Tweet for suggestions about how to give some of his fortune away has inspired several media stories, including commentary and an open letter to Jeff Bezos about focusing on immediate suffering vs. creating a long-term strategy. Where, how and in what a philanthropist chooses to invest his or her philanthropic capital are all extremely important decisions. For someone with an entrepreneurial spirit, like Bezos, those decisions will no doubt reflect some new and different thinking. For the field of philanthropy, where many giving practices are deeply entrenched and sometimes outdated, “new and different” can be a very good thing. But no matter where, how or for how long Bezos chooses to be charitable, and no matter whether his philanthropy is wildly unconventional … Continue reading Five Things Jeff Bezos Needs To Know Before Giving Away Billions
It feels great to play Santa. If you celebrate Christmas, there’s nothing like a Christmas holiday to make you remember that giving is fun. You find a present, wrap it up nicely, see the joy and excitement on someone else’s face, and feel good about what you’ve done. For many philanthropists, it’s the same: you write a nice check, present it to a nonprofit, see the joy and excitement on their faces, smile for the camera, and then feel good about what you’ve done. But then what? The problem with Santa-style giving is that it’s a once-a-year gig. But during the other 364 days of the year, the organizations you’ve made grants to still have ongoing needs, unexpected challenges, and … Continue reading A Little Less Santa, A Little More Staying Power