In recent conversations, including a few I had while at the Council on Foundations Annual Meeting, folks have asked how to adapt TWI’s 9 Practices of Trust Based Investment in their specific contexts. One family foundation executive asked, “How do I get my 24 person multi-generation family member board, to change the grant-making practices that…
Lately I’ve been inspired by the notion of changing the rules of the philanthropy game here in the U.S., like Professor Ray Madoff’s challenge to institutions with over six hundred billion dollar endowments be required to pay out more than 5% and stop using “charities” as tax shelters for amassing wealth. Professor Madoff’s ideas seem…
What would it be like if foundations didn’t have to be catered to by nonprofits vying for funding for their mission-driven work? Having been a student and researcher for most of my life, in addition to working for several nonprofits, I have done–and will continue to do–many types of applications. While doing certain applications for…