NCFP’s 2015 Trends in Family Philanthropy study found that more than 90 percent of respondents cited the “impact of their giving” as the top motivation for their participation in family philanthropy. This same study found that just 45 percent of family foundations participate in efforts with other funders. If grant makers are interested in increasing the impact of their giving, they should give serious consideration to participating in a donor collaborative.
My friends who’ve inherited philanthropy as part of their family life have an amazing opportunity, but there’s little effort to extend an invitation outward. If we can involve our youth, then what’s stopping us?
The Giving Pledge has been successful in encouraging philanthropy among the ultra-wealthy. However, this good idea should not be restricted to billionaires. Each of us can make a personal, achievable pledge to receive less — and give and do more to help address society’s urgent problems.
With help from our advisors and grantees, we will continue to explore how we can maximize strategic deployment of the Foundation’s resources to support healthy ecosystems and sustainable, vibrant communities.
Reflecting on bits of wisdom to ground what will be my eighteenth year in the philanthropic sector, I didn’t want to defer to words such as strategy, impact, risk, and collaboration, which frame most conversations in our workplaces.
Successful family foundation board chairs are able to both drive action and manage egos — and are often the difference between a foundation deftly navigating challenging situations and being tripped up by them.
Friends Focus highlights updates from members of our Friends of the Family network and their cutting edge work. This month features updates from
The Wilson Foundation; Evelyn and Walter Haas, Jr. Fund; The Dean & Margaret Lesher Foundation; The McKnight Foundation; William G. McGowan Charitable Fund; and J.M. Kaplan Fund.
The Chan Zuckerberg Initiative LLC raised the question about why some philanthropists choose a limited liability company (“LLC”) instead of a private non-operating foundation (“foundation”) to carry out their mission.
I have been talking with families and executives lately about the growing number of private foundations deciding to “sunset” after a predetermined number of years. The primary reason for this is the concern about the mission and values of the foundation shifting away over time from the original intent of the donor.