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.
4 best practices for effectively partnering with other funders Philanthropists often expect nonprofits to collaborate, but they less frequently turn that expectation on themselves. Yet there is tremendous opportunity to exponentially expand the impact of your grantmaking through funder collaboration. Foundations and individual philanthropists can collaborate with all types of entities, including other local, state or national foundations; donor-advised funds; businesses; universities; other individuals; funder networks; government agencies; and nonprofits, to name just a few. No matter whom you choose to join in collaboration, there are four things you can do to ensure that collaboration will be a success. The four best practices for effectively partnering with other funders: Communicate early and often. Lack of communication can prevent your funding collaborative … Continue reading How To Make Your Funder Collaboration A Success
Do the math and plan ahead for success. Spring is definitely in the air! Last year I shared some very popular advice among funders at the start of the summer. The response was so great, I would love to share it again to prepare for the upcoming months. In between client engagements, I’m getting busy with finalizing summer plans – projects around the house, family vacations, camps for the kids – and I know that many of my clients and colleagues are busy doing the same. If this year is like many others before it, we’ll dive into hectic summer schedules and breathe a sigh of relief in September as we wave our children back to school. Then we’ll take … Continue reading How To Fend Off Post-Summer Panic Before It Even Starts
I’ve spoken with dozens of philanthropy leaders in the first three weeks of 2015. Most entered the New Year running out the gate and are starting to feel overwhelmed. A few are experiencing a sluggish start. But they are equally overwhelmed because they aren’t sure where to begin. In my experience, a productive first quarter of the year will lead to a successful, fun, and easier remainder of the year. Feeling behind? The great news is you still have 2 months left in Q1! You can answer these three questions to help you get started. 1. What are my top 3 priorities for 2015? (If you find it hard to pick only three, you can ask my favorite question: If I … Continue reading Q1: The Key to Your Best Year Ever
Grantmakers, and their consultants, tend to overcomplicate things. Let me give you two simple examples of how this wastes time and prevents success. First: biweekly meetings. I’ve worked for funders who wanted me to stage biweekly meetings, for groups both large and small. In all cases, the process came before the goal: Each funder decided to have biweekly meetings before thinking about what they really wanted to accomplish. How effective the meetings were in reaching the goal was not a consideration. Second example: one-year grants. Offering a year of funding sounds fiscally responsible, since you’re checking for success before funding another year. But if you’re really likely to keep funding this organization, aren’t you being fiscally irresponsible? Think about the … Continue reading 3 Ways to Reduce Labor Intensity