Thirteen years ago, my parents sold their telecommunications company and started a private foundation. Their earliest motivations were to avert taxes from the sale and safeguard my two brothers and me from inheriting wealth that would deter us from working for a living. For the first 7 years, on December 27, we gathered for a... Read More
Philanthropy is well-positioned to serve causes around the world in creative ways. The following examples from Exponent Philanthropy members illustrate some less common giving strategies that draw on the unique assets funders hold. Use them to expand your portfolio, or be inspired to think of other ways to leverage your dollars, experience, reputation, and time. Provide... Read More
Carol Cantwell, founder of Fun With Financials, works with nonprofits and foundations to build financial literacy and align philanthropy with true financial health. We spoke with her about her Financial Health Assessment Tool designed to dig into grantees’ financial health without requiring budgets, and about ways foundations can let go of preconceptions when they approach... Read More
Some philanthropists decide to operate in the public realm early on. But others go public at some point over time, often when they feel compelled to act. However it emerges, going public can be a pivotal transition point and a bold act of leadership. The Troy Savings Bank Charitable Foundation quietly awarded grants in the area... Read More
About two-thirds of Exponent Philanthropy’s members tell us they collaborate with others to learn, strategize, and/or fund together. Members also rank collaboration near the top of topics about which they want to learn more. Earlier this month, I facilitated a strategy salon on collaboration. Riffing off the world café method, we explored 5 key questions... Read More
If we’re not actively pursuing real impact with everything we’ve got, we’re simply processing paper and redistributing assets. Why settle for that when we can see and participate in real change? —Emily Hull-Parsons, The William McCaskey Chapman & Adaline Dinsmore Chapman Foundation I bet you’re convinced that your foundation can accomplish more with its giving,... Read More