Monthly Archives: June 2008

Invest in the Best to Make an Impact

This is my most recent column from the Financial Times.
Invest in the best to make an impactBy Sean Stannard-StocktonPublished: June 28, 2008 (link to original FT.com column)
Giving money to charity does not necessarily make the world a better place. Nevertheless, most donors believe that donating qualifies as “doing good”. In fact, the gift of money [...]

Update on Edna McConnell Clark’s Growth Capital Fund

In December of last year I wrote about the growth capital fund being raised by the Edna McConnell Clark Foundation. At the time excerpted a description from a Stephanie Strom article in the New York Times.
A New York foundation that focuses largely on opportunities for low-income youths is creating a fund to help charities become [...]

links for 2008-06-27

Do Good Well
An interesting new blog with very intelligent, sharp writing. Definitely one to watch.
(tags: philanthropy)

Brad Pitt Gives Back to The Big Easy - Hamptons Plum
Plum TV has launched Giving, a new series that profiles high-profile philanthropists.
(tags: philanthropy)

The Raiser’s Razor: The Seven Faces of Philanthropy
Jeremy Gregg discusses the excellent book The Seven Faces of Philanthropy [...]

links for 2008-06-26

China one of first stops for Gates in new philanthropy job | Seattle Times Newspaper
The Seattle Times interviews Bill Gates about his new full time role at the Gates Foundation.
(tags: philanthropy)

Financial Times - A twist in how Wall St does philanthropy
Wall Street is getting more interested in international philanthropy vs. the traditional focus on charities [...]

Online Grant Applications

Flaw #9 from the Project Streamline report:
More than 80 percent of the grantmakers who responded to our survey reported that they have taken steps to make their information gathering practices “more efficient and streamlined for nonprofit applicants.”
…Many streamlining strategies have turned out to be useful to foundations and their grantees. Yet others, notably online applications [...]

links for 2008-06-25

Featured Website: Tactical Philanthropy
The William and Flora Hewlett Foundation newsletter features Tactical Philanthropy this month.
(tags: philanthropy)

connec+ipedia

For some time now I’ve been talking about the need for large foundations to share their knowledge base with the general public. While some people have made this argument from the standpoint of obligations that foundations have to the public, I’ve thought that foundations will find that they are able to more effectively further their [...]

Philanthropy Job

The newest posting from the Tactical Philanthropy Job Board comes from New Profit, Inc.
Portfolio AnalystOrganization: Since 1998, New Profit has helped a portfolio of social entrepreneurs build world-class organizations and scale their social impact. New Profit believes that just as entrepreneurship and invention have enabled our nation to create a productive, vibrant economy, so too [...]

Nonprofit Job

The most recent posting on the Tactical Philanthropy Job Board comes from Civic Ventures:
Director Web ServicesCivic Ventures, an innovative and influential national nonprofit working to transform the aging of America into an opportunity for social renewal, seeks an exceptional individual with superb managerial and technical Web-based skills to head up a three-person Web department responsible [...]

links for 2008-06-20

White Courtesy Telephone: New Nonprofit Study Promises to Change Everything
Albert Ruesga reports on a fascinating new philanthropy study. What will they discover next?
(tags: philanthropy)

“Cashback Bonus” for Charity « The Philanthropic Family
Last year I suggested Network for Good partner with a bank to provide no minimum donor advised fund type accounts. Now my friend Sharon Schneider [...]

Due-Diligence Redundancy

Flaw #8 from the Project Streamline report:
Since it is difficult to determine exactly what is needed for due diligence (and since the list regularly changes), grantmakers tend to play it safe at the recommendation of their legal and financial advisors, requiring redundant and often unnecessary documentation from grantseekers. According to one foundation focus group participant, [...]

links for 2008-06-19

Encore: Work That Matters in the Second Half of Life
Millions of baby boomers are “retiring” and then finding second careers that combine income with social impact.
(tags: philanthropy)

JustMeans: All Things Reconsidered Blog
A new blog from the team at Just Means with guest bloggers. Some interesting people are posting.
(tags: philanthropy)

Mercy Corps: Creating a “Bank of Banks”
The nonprofit [...]

Fundraising Gymnastics

Flaw # 7 from the Project Streamline report:
The most commonly cited effect of the foundation funding system is that nonprofits continually reinvent their programs—at least on paper—in response to foundations’ preference for the “new and different,” and reluctance to pay core operating support. Application and reporting requirements also cause nonprofits to develop strategies that are [...]

links for 2008-06-18

Beth’s Blog: How Nonprofits Can Use Social Media: Working Wikily ….
Beth Kanter discusses the Working Wikily paper from the Monitor Institute.
(tags: philanthropy)

PHILANTHROPY 2173: A different take on perpetuity
Lucy Bernholz takes a look at what “real” perpetuity means. Is your foundation ready for the year 3208?
(tags: philanthropy)

The Aspen Institute: 10 Nonprofit Policy Proposals To Strengthen U.S. [...]

Unnecessary Reports

Flaw #6 from the Project Streamline report:
Despite funders’ stated desire to use reporting and evaluation for monitoring compliance and measuring impact, results from a 2004 study of funders’ attitudes and practices found that only about half of foundations surveyed used results strategically, either to influence future grantmaking or to share with the field. Our research [...]