Funders are supporting sabbaticals for nonprofit leaders—and taking sabbaticals themselves—as a way to step back from professional identity, let go of routine, and restore their energy for the long haul. The Durfee Foundation has been a leader in funding nonprofit executive sabbaticals for 20 years. “Since the beginning, our board has focused on leadership and... Read More
Diana Bittner was excited. She was inspired. She was ready to learn. As a trustee of the Tracy Family Foundation (TFF), Bittner was one of seven TFF members from across the United States who converged in Phoenix, Arizona, to attend the Exponent Philanthropy’s 2015 CONNECT Conference. Bittner and her fellow TFF trustees spent three days... 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
Getting clear on your foundation’s lifespan is one of the most fundamental decisions your board will make. It affects virtually everything else you do. Think for a moment of the difference in, say, a 25-year lifespan or one of perpetuity when it comes to setting grantmaking priorities, managing investments, engaging the next generation, or running... Read More
One of the most sought-after goals in philanthropy is finding effective solutions to society’s problems. Foundations are well positioned to accomplish this. Free from the pressure of pleasing customers, voters, and shareholders, foundations can focus their money and knowledge on supporting people and organizations testing new approaches to pressing social and environmental issues. As many... Read More
In the 10-plus years I’ve been a consultant to foundations—and the 20-plus years I’ve been a family foundation trustee—I’ve noticed a phenomenon I’ve come to call the “trustee pendulum.” Trustees often start out very engaged in grantmaking, reviewing all grants (often to organizations they know well) and managing the grantmaking process, which is typically quite... Read More