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Preventing Wire Fraud at Foundations and Family Offices
Wire fraud is a daily danger. Cyber-security filters may stop 90%+ of attempts, but some still get through. For international clients, efforts are especially focused when US, European and Asian bank holidays are out of sync. Scammers want to prevent you from verbally verifying a wire request, since the requester’s office is closed. Here are other... Read More
Lessons From Launching an Impact Investing Portfolio: One Family Foundation’s Journey
We established the Richard W. Goldman Family Foundation in honor of our late father. The foundation aims to promote equality and reduce barriers to opportunity for marginalized families. It does this by increasing access to education, health and financial resources during early childhood. We enthusiastically explored impact investing in 2016, but didn’t know how to... Read More
7 Types of Successful Philanthropists
Understanding the type of funder you are—and matching with like-minded nonprofit leaders—is one of the most important building blocks to achieving your funding goals. As nonprofit development consultants, we create funder profiles to help our clients better understand the various types of philanthropists and how to best engage them. What Type of Philanthropist Are You? A... Read More
Help Us to Expand the Philanthropic Landscape to Support Native Americans
Native American communities are often overlooked. Though they represent nearly 3 percent of the US population, they have historically received roughly 0.5 percent of philanthropic dollars. To help address this, PEAK has been a part of a tribal entities working group, facilitated by TechSoup, to identify and amplify equitable funding practices with respect to Native... Read More
9 Easy Cyber Security Actions Lean Funders Should Take
Major cyberattacks seem to take place weekly. In recent years, everything from gas production to meat packing has been vulnerable. As executive director of the Middendorf Foundation, each incident raised my blood pressure. While I knew I needed to protect my organization, I didn’t feel like I had the right tools to do so. As... Read More
How One Family Foundation Honors Its Living Founder
The Darr Family Foundation is somewhat unique to the field of family philanthropy. The founder, William (Bill) H. Darr, is still living, but not a board member. Similarly, the executive director is non-family. Honoring a living founder Bill Darr grew up on a small farm in Ellington, Missouri. He pioneered a food dehydration technique for... Read More