Before I came to the PIMCO Foundation, I worked in the nonprofit sector for six years. Year one changed my career trajectory, and years two through six provided formative life experiences. I have vivid memories of my time in nonprofit, from counseling youth to meeting donors to schlepping t-shirt boxes up and down and around... Read More
I recently joined a panel of experienced colleagues in an engaging group discussion of the role site visits play in philanthropy and how best to structure them to achieve maximum benefit. Today, Exponent Philanthropy released a related video, the final in its 9-part Philanthropy Lessons series. Philanthropy Lessons: Getting Out of the Office explores site... Read More
To create change, improve lives, or find a cure, philanthropists must approach their work as an investment and not simply as a gift. By definition, gift giving requires nothing in return. So when our sector talks about major gifts or big givers, we lose track of what effective philanthropy should be: a carefully constructed investment... Read More
Question: What does any broker, 401k advisor, or wealth management professional want to know from clients before they invest? Answer: Their risk profile. Some investments are riskier than others, and successful financial advisors need to know in advance how comfortable the client is with risk. But what about our philanthropic dollars, the grants given to... Read More
This post is the second in a 2-part series on the role of funders in the lively topic of sustainability in the nonprofit sector. Read part 1 >> 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
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