strategic planning

Why a Clear Strategy Is Key to Reaching Your Philanthropic Goals

To lead effectively during these challenging times, a flexible philanthropic strategy is paramount.   Your strategy defines not just what you aim to achieve but also how you intend to accomplish it. It helps you identify and reach your philanthropic goals and prevents you from running in disparate directions chasing proverbial squirrels. However, all too …

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The Hidden Risks of Neglecting Succession Planning in Foundations

Delve into seven scenarios that illustrate the potential pitfalls foundations can face without robust succession planning. In the world of philanthropy, solid leadership is a cornerstone for success. However, many foundations — be it private, family, corporate, or community-based — overlook one crucial aspect of leadership: succession planning. Here, I highlight seven scenarios demonstrating the …

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The 3 Real Reasons Your Family Foundation Needs a Succession Plan

I’d like to bring your attention to a topic that’s near and dear to my heart, and one that may seem a bit morbid at first glance. I call it the “Three Real Reasons Your Family Foundation Needs a Succession Plan.” Trust me, it’s not as grim as it sounds. In fact, I’ve thrown in …

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