To create change, you first have to “create an open will to change,” says Kelly Medinger of The Marion I. & Henry J. Knott Foundation in Baltimore, MD—a will that is built on at least three elements: Trust—One study suggests that emotional involvement is the strongest predictor of one’s commitment to change. Emotional involvement, in... Read More
In philanthropy, going public refers to intentionally engaging publicly with the communities, causes, and conversations that matter to you and your mission. Some philanthropists decide to operate in the public realm early on. Many others, though, go public at some point over time, often when they feel compelled to act. However it emerges, going public... Read More
Started in 1994 by Catherine Muther, a former Cisco Systems executive, Three Guineas Fund “promotes social justice by expanding access to economic opportunity for women and girls.” One would think that a mission so considerable requires a large staff and endowment, but Three Guineas Fund, with assets less than $6 million and only one full-time... Read More
Without open, honest conversations, funders can’t learn what nonprofits really need to deliver outcomes desired by funders, grantees, and, most of all, people and communities in need. One of the biggest barriers to getting the complete story is the lack of trust between funders and grantees. Another task is creating the conditions necessary to listen... Read More
Leadership can be defined in hundreds of ways. Its definition varies from field to field, deriving its essence from the particular goals, activities, and cultures of different professions or industries. For this reason, we can’t start with an off-the-shelf definition of leadership. Instead, by taking time to explore leadership by small foundations and describe what... Read More
“Tackling the world’s most vexing social problems is a challenge for even the biggest foundations,” writes Exponent Philanthropy member Emily Tow Jackson in the Chronicle of Philanthropy (March 24, 2013). “Nonetheless, it is possible for small foundations to bring about large-scale social change.” Small-staffed philanthropists are perfectly positioned to be change makers. What does this... Read More