Every philanthropist or philanthropic organization means well—it’s the nature of the business after all. And, as philanthropies, we all try to make decisions that are in service to our missions, represent good stewardship, and result in the greatest impact. But sometimes, in making those very decisions, we unintentionally do more to damage our impact than... Read More
I’ve been on local television for nearly 30 years, and the recognition that comes with it (especially to an older demographic) drives my 9-year-old son crazy. So when a middle-aged gentleman stopped me in the parking lot of a local restaurant a couple weeks ago, and wanted to know if I was “the news man,”... Read More
Everyone wants to help during a crisis, and, for many, that means giving money. But few understand what it takes to distribute funds to the people, businesses, or nonprofits that will create the greatest impact and fulfill the most need—especially if the money lives in different funds at different organizations. Enter community foundations, which are... Read More
Originally distributed as part of Glenmede’s Top 5 series While grantmaking remains one of the most powerful ways for philanthropists to create an impact, new ways of thinking have inspired philanthropists to leverage additional strategies. Become a Strategic Partner, Not Just a Funding Source Grantmakers have the ability to impact grantees in a number of... Read More
Small funders have a limited amount of grantmaking capacity and, to be impactful, must think about how to use those funds strategically to help their key nonprofit partners become more stable and proficient. This requires the funder to develop a more familiar relationship with the grantee—understanding its strengths, weaknesses, opportunities, and threats—and be prepared to... Read More
Listening. It’s a skill we’ve been talking about a lot here at Exponent Philanthropy. Why? First, because we believe that listening is an essential skill for effective philanthropy. When—and only when—we listen deeply and humbly to those we serve, can we learn about their true needs and how we can partner most effectively to create... Read More