Posts tagged to 'Taking risks'
by Katherine Lorenz
on October 5, 2016
Philanthropy often encourages grantees to take risks, to be innovative, to find new solutions to old problems. Indeed, many refer to philanthropy as “risk capital,” providing funding that can help society create innovative, new models for addressing the world’s most intractable social issues. But risk and innovation often bring an uncomfortable consequence: failure.
by Virginia Esposito
on September 7, 2016
My moments of reassurance come when a family funder tells me about a grant or project they’ve launched to restore and reinvigorate community. Often, these are efforts to ameliorate suffering but also to get at root circumstances and causes
by Lori Bartczak
on July 18, 2016
GEO’s Change Incubator is designed to help grantmakers strengthen relationships with their grantees in a way that leads to better impact. While GEO’s participating teams are still in the early stages of this work, they have started sharing some of what they are learning and how these lessons can be...
This is the first in a series of conversations with members of The Philanthropy Workshop curated by TPW member Devon Cohn. "TPW Talks Failure" examines stories about lessons learned, about the process of failing, and cautionary tales that shine a light into less explored areas or less well understood areas of the philanthropic world. This is a transcript of an interview with Sapphira Goradia, Executive Driector of The Goradia Foundation, which has been edited for clarity.
by Katherine Lorenz
on May 24, 2016
Many of us in family philanthropy are driven by a grand vision of a better world. We are motivated by bold ideas, and finding ways to use our philanthropy to make a difference and leave a lasting impact. And, at the same time, we are too often hamstrung by a fear of failure.
by Kris Putnam-Walkerly
on April 26, 2016
There was a time not too long ago when you rarely heard the word “foundation” and “risk” in the same sentence…or paragraph…or entire document. Risk simply hasn’t been something formally and broadly associated with philanthropy over the past few decades. However, it’s become pretty obvious to many people that the traditional ways of grantmaking are not enough to make a dent in the entrenched and intertwined social challenges of poverty, inequity, education or healthcare.
by Virginia Esposito
on April 19, 2016
For much of the 20th century, the vast majority of U.S. foundations operated under the idea that they would be in business forever.
But as a new generation of family philanthropists take over — and families contemplate just how long forever actually lasts and reflect on the present needs in their communities — a growing number are deciding that they would rather grant their assets during a set period of time than manage their endowments in perpetuity.
Since its creation in 2001, The Brinson Foundation has focused in the areas of education and scientific research in order to create a world where all people are valued and committed to improving the world in which we live. As the foundation works to achieve this big goal, it has found that maintaining a strong commitment to its values - such as forming strong, collegial and collaborative relationships with its grantees - is critical to its success and influential in shaping its practices.
by Laurel O'Sullivan
and Sonya Campion
on April 11, 2016
Advocacy is the single most effective strategy to achieve social impact. Without advocacy, achieving real social transformation is not possible. It provides both the scale and pathway to implement the solutions foundations fund. Yet there remains a tendency to undervalue and avoid it as a grant making strategy for a multitude of reasons based on misperceptions, fear, and often impatience for quicker results.
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by The Noyce Foundation
on April 1, 2016
The Noyce Foundation was established in 1990 by the family of the late physicist, inventor, and computer industry pioneer Dr. Robert N. Noyce, co-founder of Fairchild Semiconductor and Intel, and co-inventor of the integrated circuit, better known as the microchip. For the past quarter-century, the Noyce Foundation has been devoted to helping the nation’s students become “curious, thoughtful, and engaged” learners in the fields of mathematics and science. Over its quarter century of existence, the Noyce Foundation’s approach to grant making evolved reflecting what the trustees have learned from their cumulative experiences as well as the institutional knowledge the foundation has gained about the fields it in which it works.