Foundations can no longer rely on fixed income investments to generate strong returns with low risk. As returns on fixed income have declined, many foundations have taken on more risk (via equity investments) to fill the earnings gap. What if there is a way for your foundation to generate investment income without changing your risk... Read More
In March, Louisiana had the fastest growth rate of coronavirus cases in the world. To help the state until federal dollars were ready, the Irene W. & C.B. Pennington Foundation, the Baton Rouge Area Foundation and Huey and Angelina Wilson Foundation each donated $400,000 to start a $1.2 million COVID-19 Response Fund—a request from Governor... Read More
My brother, Laurence Braude, was an ophthalmologist, cornea specialist, surgeon and researcher. At 47, he complained of fatigue and weakness in his left arm and leg. His internist referred him to a neurologist who said he had Parkinson’s. Laurence retired from his ophthalmology practice to care for his health. He also set up a foundation... Read More
The manager, a Baby Boomer, wants to schedule a meeting where she can sit across the table from her employees and discuss the latest project. Her longtime staff member from the World War II generation is ready to go, looking to share stories about what used to work well for the company. Her Millennial employees,... Read More
Through community and collaboration, the people of New Mexico have survived harsh conditions to thrive for hundreds of years. As a foundation that funds exclusively in the state, we continue to see the power of these values in our philanthropic work. Our most recent strategic plan states, “If we co-create a more aligned, collaborative and... Read More
In an interview with Andrea Pactor of Women’s Philanthropy Institute, Exponent Philanthropy member Jane Leighty Justis, board chair of The Leighty Foundation, describes steps she and the foundation leadership are taking to educate and engage the foundation’s next generations. When Ike Leighty was in his 60s, he and a partner began a small manufacturing business.... Read More