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Sharing the Baton: One Foundation’s Perspective on Family Leadership Transitions

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

The Fiduciary Standard in Investment Management—Why Is It So Important?

Financial advisors who work with investment committees of foundations, endowments, and other philanthropic entities find the fiduciary standard an important component of their work. But many are actually not fiduciaries. In fact, the Dodd–Frank legislation of 2010 required the SEC to study the fiduciary standard, because there is a good deal of confusion among investors... Read More

If Only We Are Intentional

Philanthropy is changing for a host of reasons, but perhaps most of all because funders are demanding more from it. The expectation that funders will be able to achieve impact, and see that impact, changes everything. No longer are donors satisfied with the mere act of writing checks. They want to see results. Add to... Read More

Measuring the Effectiveness of Capacity Building Support: A Metrics Menu

As funders increasingly seek to supply resources beyond financial support to their grantees, many are engaging third-party consultants to provide capacity building assistance. But how can funders know whether these resources are really strengthening grantees? What are some reasonable benchmarks for evaluating this assistance? We at Arbor Brothers are fervent believers in the value of capacity building—so... Read More