Getting clear on your foundation’s lifespan is one of the most fundamental decisions your board will make. It affects virtually everything else you do. Think for a moment of the difference in, say, a 25-year lifespan or one of perpetuity when it comes to setting grantmaking priorities, managing investments, engaging the next generation, or running... Read More
Summer road trip? Day at the beach? Looking for something new for your playlist? Check out these popular podcasts to enrich and elevate your giving—and be sure to let us know what else you’re listening to! The Life You Can Save The Life You Can Save works to change the culture of giving in affluent... Read More
There are big benefits when a family foundation invites one or more nonfamily members to its board. Nonfamily members can help the family make more objective grantmaking decisions. Similarly, family members tend to behave differently in the presence of nonfamily members. This can help shift family dynamics that may be getting in the way of... Read More
There was a time not so long ago that nearly all philanthropists, as well as many others, carried a mechanical watch. Prior to cell phones, digital watches, and electrical quartz watches, the mechanical watch was a true marvel—a complex assembly of springs, gears, jewels, pins, and other components. Winding a watch transmits energy into a... Read More
In the past, I was a nonprofit capacity building adviser, and this question came up often. The principles that applied to those charitable nonprofits can also help foundations. It’s useful to think of this question in two-parts: Should the executive director serve as a board member? Should the executive director be a voting or non-voting... Read More
Dear Exponent Philanthropy members, For the past 25 years, I have been involved in philanthropy as an executive, board member and donor. The intense racial strife over the past couple of weeks has compelled me to share the following personal and professional anecdotes as well as suggested solutions. Frustration, anger and fatigue are all vehemently... Read More