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
For emerging young leaders at small-staffed foundations, the pathway to professional growth, advancement, and impact may not always be clear. But, with creativity, courage, and intention, we can take charge of our own development. There is no perfect formula for how to tackle society’s biggest challenges. Nor is there a ubiquitous road map for success... Read More
Effective and meaningful philanthropy takes many shapes and forms—and sometimes what sounds like the simplest charitable activity to undertake can be the most complicated. Take, for example, one-time significant gifts. Whereas there is no hard and fast rule about what constitutes a significant gift, what we are referring to here are gifts over $500,000 to... Read More
We have all heard the warning: In philanthropy, following the heart will lead you astray. Hunger, homelessness, children who lack opportunity, disasters, pollution, forsaken animals—these touch us deeply. And we give to organizations that have served us—our schools and colleges; hospitals that cared for us; arts groups that enriched our lives. But before long, our dollars... Read More
Oscar Wilde once said, “To expect the unexpected shows a thoroughly modern intellect.” Many philanthropists these days consider themselves at the cutting edge of innovation and problem-solving. Perhaps at a programmatic level we are, since through philanthropy we have eradicated age-old diseases, supported mass social movements, and turned around entire cities. Yet despite our modern... Read More
“If you cannot measure it, you cannot improve it.” (Lord Kelvin) As part of their day-to-day operations, many nonprofits automatically collect data, like clients served and services provided. Whether they realize it or not, these represent a wealth of valuable data that could be leveraged to solve today’s pressing societal issues. This information could be... Read More