Forward-thinking philanthropy is by nature a gamble. With new ideas continually being tested, new fields discovered and new measurements created, it can be difficult to know when you are succeeding. We substitute the known to try and bring order. We count the number of people served. We measure the hours of service provided. We substitute scale... Read More
With so many urgent issues in the world, deciding where to give can feel overwhelming. It’s natural to want to support multiple causes, but spreading your resources too thin can weaken your impact. Instead, consider the power of focused giving. By concentrating on a specific issue, community, or strategy, you can develop deeper expertise, build... Read More
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
Today Exponent Philanthropy releases “Philanthropy Lessons: The Power Dynamic,” the latest video in its 9-part Philanthropy Lessons series: It explores the dynamics of grantor/grantee relationships, and I encourage you to weigh in with your thoughts and practical ideas about managing these dynamics. You can share your comments and ideas below, at www.philanthropylessons.org, or via... Read More
Donor intent matters. A bevy of articles, consultants, and examples are available on how to craft donor intent statements and how to communicate them. Whatever the content and form, they should be dynamic, reciprocal learning tools that engage family members and beneficiaries. Extreme care needs to be applied so donor intent is not a one-way,... Read More
As practitioners, advisors and consultants to funders, conveners and conductors of community collaboration, we have observed collaboration and collective impact in communities across the country. From our on-the-ground experience, we have seen it done well, and not so well. In this first of a two-blog series, we’ll provide several guideposts about how funders can better... Read More