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
This post is the second in a 2-part series on leadership succession planning. Read part 1 on the importance of planning for leadership succession now. Exponent Philanthropy members can explore these themes further in an article by the same authors in our Fall 2015 issue of Essentials. Leadership succession planning is a process, not just a... Read More
A man named Henry was once asked to chair a meeting at his local church. A seasoned military officer and engineer, he was embarrassed when conflict erupted and he lost control of the meeting. “The best of men, having wills of their own, are liable to attempt to carry out their own views without paying... Read More
What keeps our members up at night? Succession, or the crucial task of passing the leadership baton. Building a pipeline of philanthropic talent to assume key leadership roles—on the board, on staff, or otherwise—is one great way to prepare for succession. Through our Next Gen Fellows Program, a 6-month training intensive for philanthropy’s future leaders, we’ve... Read More
Are you uncertain whether your foundation is benchmarking to its fullest advantage? Do you wonder if you should do more? Benchmarking can be a simple, straightforward process. Your foundation can benefit from it with minimal time and effort, and on any budget. Common types of benchmarking include: Best practices benchmarking involves looking at other foundations... Read More
In the past, I was a nonprofit capacity building adviser, and this question came up often. The principles that applied to those charitable nonprofits can also help foundations. It’s useful to think of this question in two-parts: Should the executive director serve as a board member? Should the executive director be a voting or non-voting... Read More