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Top Ten Philanthropy Resources: February part 2

Friday, February 26, 2016

Our top ten philanthropy resources from around the sector including suggestions for how foundations can help men and boys of color, best practices for a rapid response program, latest data on millenial grantmakers, and strategies for moving towards providing unrestricted funding.

  1. Tonya Allen, Skillman Foundation, and Robert Ross, California Endowment, assess the current conversation around race and inequality spearheaded by the “Black Lives Matter” movement following protests in Ferguson, Baltimore, and New York to provide 9 suggestions for foundation involvement. 
  2. Katelyn Mack promotes integration across strategy, evaluation, and operation to ensure your foundation is united in pursuing a common mission.
  3. Rapid response programs can give way to major policy influence that supports one’s community mission. Reflecting upon their rapid response program, the Connect U.S. Fund lists 5 benefits and best practices for this type of initiative. 
  4. Relationship building is central to Audrey Haberman and Sindhu Knotz’s suggested five best practices for family foundations to embrace diversity, equity, and inclusion. 
  5. Four Lessons for Authentic Nonprofit Collaboration (Connecticut Council for Philanthropy)
    Lauren McCargar of the Perrin Family foundation identifies four ways to reflexively promote better collaboration while embracing your organization’s own values and mission. 
  6. A waste of time, destructive, and burnout-producing are three attributes Vu Le gives to restricted funding. Rather than promoting financial transparency, it distracts nonprofits from their core missions. 
  7. With new studies suggesting organizational culture matters as much inside an organization as outside, non-profit and foundation leaders should follow the lead of their for-profit counterparts in making culture a central focus. Fostering talent will keep great employees and attract new ones in the future who have a commitment to the organizations mission. 
  8. While power differentials are clearly at play between grantmakers and grantees, Jenna Wachtmann uses her experiences both managing grants and now working for the Ball Brothers Foundation to suggest strategies for better partnerships.  
  9. The Center for Effective Philanthropy recently surveyed the sector to find the best strategies for implementing unrestricted support. They recommend building trusting relationships with grantees, updating application and reporting requirements, and preparing for internal challenges to place foundations on the right track to successful implementation. 
  10. There are undeniable trends unique to millennials across society, including philanthropy. Among other findings, Stephen Alexander of Exponent Philanthropy identifies an increased likelihood to prioritize field of interest/funding area needs and an increased startup investment as defining characteristics of philanthropy’s future.