Blog

Topic: “Grantmaking”

A Pro Football and Venture Capital Approach to Philanthropy

Pro Football Hall of Famer and venture capitalist investor Ronnie Lott, and his wife Karen, founded All Stars Helping Kids 30 years ago, modeling his philanthropic efforts on the lessons learned playing football and investing in technology starts-up. Much like how venture capitalists invest in startups, All Stars invests in emerging nonprofits with innovative solutions... Read More

How Participatory Grantmaking Can Strengthen Your Philanthropy

Money affects power dynamics in relationships and as donors, we have the responsibility to send money carefully. When considering alternatives to a traditional funding approach, participatory grantmaking leverages knowledgeable input and democratic checks and balances. Being participatory is more than soliciting outside advice; it means inviting people at the center of the work to participate... Read More

Our Family Foundation’s Approach To Trust-Based Philanthropy

“The greatest gift you can give another person is trust,” said one of our grantees. When I started thinking about how to share our experiences with trust-based philanthropy, my first thought was to hear our grantees’ perspectives. This defines our philanthropic philosophy: working collectively to inspire possibility, innovation and sustainable outcomes. Engaging in trust-based philanthropy... Read More

Working With the State and Other Funders to Address COVID-19 Racial Health Equity in Louisiana

In March, Louisiana had the fastest growth rate of coronavirus cases in the world. To help the state until federal dollars were ready, the Irene W. & C.B. Pennington Foundation, the Baton Rouge Area Foundation and Huey and Angelina Wilson Foundation each donated $400,000 to start a $1.2 million COVID-19 Response Fund—a request from Governor... Read More

How You Can Discern and Inspire Promising New Ideas—Before Anyone Else

Many foundations avoid being the first funder of new initiatives. For the Blackstone Ranch Institute, being first-in is often the ultimate sweet spot. For over a decade, our foundation has been placing early philanthropic investments in a broad range of new initiatives in the environment and sustainability fields. Very often they have been the first... Read More