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Reflective Practice to Move Your Philanthropy Forward
I had a hunch: If everyone in a room reflects on their practice, especially the practices they turn to when stymied somewhere between intent and outcome, something good and potentially powerful would result. By practice, I mean the tools and skills one uses to have difficult conversations, move ideas along, work across the boundaries of... Read More
Changing the Culture of Philanthropy: Building a Movement to Fund Real Cost
Before I came to the PIMCO Foundation, I worked in the nonprofit sector for six years. Year one changed my career trajectory, and years two through six provided formative life experiences. I have vivid memories of my time in nonprofit, from counseling youth to meeting donors to schlepping t-shirt boxes up and down and around... Read More
Philanthropy Lessons: Getting Out of the Office
I recently joined a panel of experienced colleagues in an engaging group discussion of the role site visits play in philanthropy and how best to structure them to achieve maximum benefit. Today, Exponent Philanthropy released a related video, the final in its 9-part Philanthropy Lessons series. Philanthropy Lessons: Getting Out of the Office explores site... Read More
The “Other” Investment Policy Statement
To create change, improve lives, or find a cure, philanthropists must approach their work as an investment and not simply as a gift. By definition, gift giving requires nothing in return. So when our sector talks about major gifts or big givers, we lose track of what effective philanthropy should be: a carefully constructed investment... Read More
From Our Work With 1,000 Funders, Here Are 3 Tips for Measuring Impact
There is no doubt that measuring impact is the hottest trend in philanthropy today. How can our organization track the outcomes our grants are having? How can we track more useful information to make better decisions? At Foundant, we hear iterations of these questions regularly. From working with almost 1,000 grantmakers, we’ve identified some steps you... Read More
The Missing Piece of Modern Philanthropy: Part II
Question: What does any broker, 401k advisor, or wealth management professional want to know from clients before they invest? Answer: Their risk profile. Some investments are riskier than others, and successful financial advisors need to know in advance how comfortable the client is with risk. But what about our philanthropic dollars, the grants given to... Read More