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
Some years ago, when Jacques Chirac was still president of France, the U.S. State Department asked me to meet with Chirac’s advisor on domestic affairs. She had completed a national tour of institutions of American voluntarism. I was the last stop on her tour, her opportunity to debrief. Her leading question to me was, “How... Read More
This post is the first in a 2-part series on the role of funders in the lively topic of sustainability in the nonprofit sector. Read part 2 >> The series is based on session presentations made by the author at two regional conferences sponsored by the Lodestar Center for Philanthropy and Nonprofit Innovation at Arizona State... Read More
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
Philanthropy is well-positioned to serve causes around the world in creative ways. The following examples from Exponent Philanthropy members illustrate some less common giving strategies that draw on the unique assets funders hold. Use them to expand your portfolio, or be inspired to think of other ways to leverage your dollars, experience, reputation, and time. Provide... 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