In our divided world, I admire people who can cross borders and bridge chasms. I think of these uniquely skilled bridge-builders as ambassadors, able to move and navigate among different worlds, connecting people, organizations, and ideas. People I believe who model this bridge-building in philanthropy include Jennifer Astone of the Swift Foundation, who engages diverse... Read More
Debates about philanthropy’s role have heated up since the 1980s, as the federal government cut taxes and support for many social programs, a series of recessions battered the economy, and economic hardship deepened and expanded. In this era of scarcity, philanthropy has been pulled into a much higher profile. Demands come from lawmakers seeking private... Read More
For emerging young leaders at small-staffed foundations, the pathway to professional growth, advancement, and impact may not always be clear. But, with creativity, courage, and intention, we can take charge of our own development. There is no perfect formula for how to tackle society’s biggest challenges. Nor is there a ubiquitous road map for success... 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
Five years ago, The Belk Foundation looked very different than it does today. When I was asked to come on as the foundation’s first full-time director, the objective from the board was clear: help us connect this 80-plus-year-old foundation more fully into the community, so that we may better understand the impact of our grantmaking.... Read More
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