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Time-Limited Philanthropy: Embracing Mortality Can Drive Urgency and Excellence
In Give Smart, Thomas J. Tierney and Joel L. Fleishman wrote that private foundation excellence is self-imposed. “Of all the characteristics that distinguish philanthropists, the single most consequential may be the fact that they are essentially accountable to no one but themselves,” they said. Governments must win the favor of voters. Companies must earn customer... Read More
Why Our Foundation Prioritizes Trustee Diversity
The Valentine Foundation actively recruits diverse trustees to serve on its board, make grants, and oversee all aspects of the foundation’s mission. When Phoebe Valentine’s father died in 1974, she inherited a fortune. In 1985 part of her inheritance was reborn as the Valentine Foundation, an organization whose mission is the empowerment of women and... Read More
Pivoting Through COVID-19: Portfolio Alignment for Foundations
In 2020, the pandemic upended our daily lives and the philanthropic landscape. But the Claire Friedlander Family Foundation‘s board saw this crisis as an opportunity to transform their giving, investment focus and protocol — proactively aligning the assets of the foundation with its mission. The pandemic and ensuing hardships gave the board the impetus to... Read More
How We Help Black Business Enterprises Access Capital To Grow and Thrive
Having a thriving economy throughout New Jersey is essential to our mission of helping working families achieve financial stability, healthy relationships and hope. Access to jobs that pay a steady, living wage is part of the system we want to help bring about. Nurturing businesses and entrepreneurs in equitable ways is something we embrace—and it’s... Read More
How We Spark Economic Renewal in Our Rural Community
Our small foundation is among the few private funders in our rural area of Northeastern Colorado. We look for ways to make the most of our dollars, relationships and knowledge to serve our community. For example, we support local economic development directly by giving grants to and partnering with our local economic development agency. And... Read More
Lean Funders Reflect on 2020 and Race Equity
Last year was riddled with loss. The pandemic changed how many funders practice philanthropy; and the murders of George Floyd, Breonna Taylor and other Black, Indigenous and people of color by police—and the ensuing protests—put race equity front and center for many funders. While some lean funders had already integrated race equity into their work,... Read More