Connect With Us
YouTube
RSS

387 posts categorized "author-Mitch Nauffts"

Weekend Link Roundup (June 24-25, 2015)

June 25, 2017

Young_radcliffe_as_harry_potterOur weekly roundup of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

Climate Change

"If there's a silver lining to the U.S. decision to withdraw from the Paris climate agreement," writes Nature Conservancy president Mark Tercek, it's "the renewed commitment to climate action we’re seeing across the country." Indeed, "[m]ore than 175 governments covering 30 percent of the global economy have pledged to reduce emissions by 80 percent by 2050. [And here] in the U.S., 13 states have formed an alliance announcing that they will enact policies to meet our Paris pledge within their borders."

Communications/Marketing

Is your nonprofit's messaging stuck in neutral? Nonprofit communications consultant Carrie Fox has a five-step reboot designed to get your communications back in gear.

Grantmaking

Even though "[r]elationships between funders and grantees may have their own unique quirks and power dynamics,...they are not fundamentally different from...other good relationships," writes Caroline Altman Smith, deputy director of education at the Kresge Foundation, on the Center for Effective Philanthropy blog.

International Affairs/Development

In a powerful Ted Talk recorded in Vancouver, British Columbia, the International Rescue Committee's David Miliband argues that the global refugee crisis "is not just a crisis; it's a test of us in the Western world, of who we are and what we stand for....[It] is about the rescue of us and our values, as well as the rescue of refugees and their lives."

A new report from UNHRC, the United Nations' refugee agency, says that at the end of 2016 there were 65.6 million people forcibly displaced worldwide — some 300,000 more than a year earlier. And of the total, 22.5 million are refugees, the highest number ever recorded.

Here's a silver lining: In 2016, for the second year in a row, the Syrian crisis was the largest recipient of private humanitarian funding, with $223 million going towards the crisis and the neighboring refugee-hosting countries. The Carnegie Medal of Philanthropy team reports on foundation efforts to ameliorate the crisis.

The World Bank is reinventing itself from a lender for major development projects to a broker for private sector investment. What are the implications of the shift for poverty reduction efforts globally? Felix Stein, a research affiliate at the University of Cambridge, and Devi Sridhar, professor of global public health at the University of Edinburgh, report for the Conversation.

Are foundations missing an opportunity by not focusing more of their development resources on cities? Christopher Swope, managing editor of Citiscope, explains why many of the world's largest cities are well positioned to drive progress on the Sustainable Development Goals.

Nonprofits

Here on PhilanTopic, Amelia Kohm, founder of DataViz for Nonprofits, explains why, for nonprofits looking to boost their impact, a picture is worth a thousand words.

Philanthropy

North Carolinians will be interested in the update filed by Z. Smith Reynolds executive director Maurice "Mo" Green on the foundation's "emerging direction," which was formulated during a yearlong strategic assessment and planning process aimed at learning more about the changing needs of people in the state.

GrantAdvisor, a new web service launched (in California and Minnesota, with more states to follow in 2018) by nonprofit rating site Great Nonprofit, the California Association of Nonprofits, and the Minnesota Council of Nonprofits, "facilitates open dialogue between nonprofits and grantmakers by collecting authentic, real-time reviews and comments on grantseekers’ experiences working with funders to encourage more productive philanthropy." You can check it out here.

In an open letter to Jeff Bezos, Forbes contributor Jake Hayman urges the Amazon.com founder to rethink his intention to use Twitter to crowdsource his philanthropy with a focus on immediate short-term needs.

The New York Community Trust's Lorie Slutsky and philanthropy consultant (and PhilanTopic contributor) Kris Putnam-Walkerly also have some advice for Bezos.

Bezos was in the news for another reason last week: Amazon's acquisition of  John Mackey's high-end grocery purveyor, Whole Foods. For City Journal contributing editor Howard Husock, the deal is a reminder to the "quasi-capitalist" movement (of which Mackey is a member in good standing) that "good service, low prices, and beating competitors still matter." Adds Husock, those "managing the endowments of major foundations — a number of whom have announced that they will use impact investing to guide both grant-making and asset-investment strategy — should pay attention."

And in a Quartz article that originally appeared in the digital magazine Aeon, Barry Lam, an associate professor of philosophy at Vassar College, argues that the kind of "moral clarity" we have about the dead hand of the past "disappears as soon as we move from politics to wealth." Indeed, in philanthropy, Americans have (and celebrate) "a huge industry dedicated to executing the wishes of human beings after their death."

That's it for this week. Got something you'd like to share? Drop us a line at mfn@foundationcenter.org.

A Conversation With Una Osili, Director of Research, Indiana University Lilly Family School of Philanthropy

June 23, 2017

As we reported a week or so ago, the latest edition of the annual Giving USA report shows that total giving in 2016 rose 2.7 percent (1.4 percent adjusted for inflation) from the revised estimate of $379.89 billion for 2015. Published by the Giving USA Foundation and researched and written by the Indiana University Lilly Family School of Philanthropy, the report also found that charitable giving from individuals, foundations, and corporations — and to all nine major categories of recipient organizations — increased in 2016, just the sixth time in the last forty years that that has happened.

The numbers would seem to support the idea that many Americans, eight years after the start of the worst economic downturn since the 1930s, are feeling better about their finances. They do little, however, to explain the widespread anxiety and economic insecurity that fueled the political rise and election of Donald Trump as president of the United States. To help sort things out, PND spoke with Una Osili, director of research at the Lilly Family School of Pahilanthropy, about the report's findings and what, if anything, they tell us about wealth, inequality, and the changing landscape of philanthropy in America.

Headshot_osili_una_cropped1_3Philanthropy News Digest: The big headline from this year's report is that total giving hit a record $390 billion in 2016. What's your favorite takeaway from the report?

Una Osili: A key finding is that individuals, who are responsible for 72 percent of all giving in the U.S., are the drivers of American philanthropy. If you look at the last two years, individual giving has registered the highest growth rate over that period, and this year's report confirms the observation that individuals play a critical role in philanthropy.

PND: The report found that giving to all nine recipient categories was up in 2016, a rare occurrence. Which of those categories saw the biggest gains, and what does the fact that giving was up across all categories tell you?

UO: The subsectors that saw the largest growth were the environment and the arts, followed by international. In all three of those areas, we are seeing significant innovation in terms of fundraising approaches and the use of new methods to build relationships with donors.

The takeaway here is that innovation does matter, and organizations in those sectors are breaking new ground in how they think about donor engagement and using technology. It's also interesting that the environment, and international affairs as well, are very much top of mind with donors and funders as a result of the public policy debates we've been having.

PND: You mentioned that the increase in giving in 2016 was largely driven by the 4 percent jump in giving by individuals. How closely does individual giving track income and/or wealth inequality?

UO: In general, giving trends tend to reflect overall economic growth and household wealth and income trends. In other words, individuals give when they are economically and finan­cial­ly secure. That said, inequality is an important trend to examine alongside growth in income, because as the economy has recovered we've seen that house­hold incomes at the top have recovered faster than incomes in the middle and at the bottom, and that has the potential to influence where we can expect to see growth in giving over time.

PND: As PND and other news outlets have reported, there was a spike in donations to the ACLU, Planned Parenthood, and other progressive nonprofit groups in the weeks after Donald Trump was elected president. Are you able to say what kind of impact, if any, the election had on last year's giving totals and trends?

UO: I think it may be a bit early to completely unpack how the results of the election affected giving. But as I mentioned, what the 2016 election did do was to raise public awareness of certain issues, whether it's the environment, civil liberties, or reproductive rights. And I think the heightened awareness of these and other policy issues has the potential to influence giving going forward.

PND: In the release that accompanied the report, your col­league Patrick Rooney is quoted as saying that we saw something of "a democratization of philanthropy in 2016." What did he mean, and what are the main factors driving that trend?

UO: I think the point he is making is that giving in 2016 was more broad-based. As you noted, all nine major subsectors showed growth, including the arts, the environment, education, human services, and health. In addition, we did notice that in several categories it wasn't just mega-gifts that were driving the increase.

PND: Have you and your colleagues done any work on how donor-advised funds sponsored by large commercial firms might be changing the way Americans give?

UO: This year, Giving USA has a supplement on donor-advised funds that's included in the report. And one of the areas we look at is how donor-advised funds are growing, and the implica­tions of that growth for charitable giving.

PND: And they are?

UO: Well, one is the idea that individual donors benefit from having an increased array of tools from which to choose. The question then becomes, How can nonprofits adapt to this changing landscape, and what are the public policy issues that will emerge within the growing popularity of donor-advised funds raise?

PND: What side of the debate do you land on? Are donor-advised funds a net-plus or net-minus for charitable giving?

UO: There’s definitely an opportunity for more research on donor-advised funds, not least because to date there really hasn't been much updated data on how donors are using them. I think the release of the report is an opportunity to raise awareness about the need for more research in this area.

PND: Back to the headline number of $390 billion. That's a big number, but as a percentage of GDP it's the usual 2 percent, in inflation-adjusted terms, that we've come to expect. Do you have an explanation for why the giving-to-GDP ratio never seems to budge?

UO: Well, $390 billion is a large number, and it's impressive on its own terms. However, the U.S. economy is much bigger than $390 billion, and it would take a lot more growth in philanthropy — holding all other factors constant — to actually boost that ratio. 

PND: Have we seen an expansion of the giving-to-GDP ratio at any point over the last, say, twenty-five years?

UO: Well, in the 1990s, we did see giving as a share of GDP rise quite significantly. It went from about 1.7 percent in 1996 to about 2.2 percent in 2001. And then it fell back again during the Great Recession, when it went down to 1.9 percent. I know, these seem like small changes, but the uptick in the 1990s was quite interesting, because the 1990s were a period of economic expansion, and with that we witnessed significant wealth creation, in the tech industry and other sectors, as well as a significant number of foundations being created. So, what we saw in the '90s is that it is possible to move the needle on giving as a percentage of GDP, but it would take a lot more giving to make it happen.

PND: Have you collected any data on giving by region? And if you have, what does it tell you about how generous, say, newly minted billionaires in Silicon Valley are?

UO: Those numbers are hard to analyze and compare across regions and time. However, we are seeing with some of the younger tech donors that they are starting their philanthropy earlier in life, which is a very different pattern. They're starting in their twenties and thirties to make very significant gifts, and they're also thinking about their giving in new ways. Many of tech donors are looking at new forms of giving, whether that's impact investing, or collaborative models of giving, or something like what Mark Zuckerberg and his wife, Priscilla Chan, have done with the Chan-Zuckerberg Initiative, which, as you know, is an LLC that does grantmaking, impact investing, and engages in political advocacy. So we're seeing the new tech donors opt for different models and seeking to innovate in philan­thro­py, just as many of them have done in their business careers.

PND: Have you and your colleagues adjusted your methodology so as to capture some of these newer giving models? I can't imagine it would be easy, but is it something you've discussed or would like to do?

UO: I'm glad you asked. The school has done some work in this area — I'm thinking in particular of a report we issued about three years ago on program-related investments and how they are changing the philanthropic sector. But the chal­lenge is that while some types of impact investments — PRIs, for example, which are a formal part of our tax code and count toward a foundation's payout rate — have been well tracked over time, approaches like mission-related investments, where foundations can apply a specific percent of their assets toward their mission, are more difficult to track because each foundation may be defining their terms differently. Again, because of the growing interest in some of these newer approaches, I think it represents an opportunity for the Lilly School over the next few years.

PND: It's mid-June as we speak, and the stock market is up more than 20 percent since the beginning of the year. Is the stock market a good indicator of future giving, and would you be surprised, based on the perfor­mance of the major indices so far, if the headline number in next year's Giving USA report surpasses $400 billion?

UO: The stock market is one of our indicators in terms of correlation with giving over time, and as we begin to look at what is happening in 2017, we've seen, as you said, strong returns within the equity market. But there are still six months left in the year, so we'll just have to wait and see where we end up, especially because so many donors tend to wait till the end of the year to do a lot of their giving. We should also pay attention to other economic factors, including growth in GDP, personal income growth, and so on.

PND: And the four-handle on the overall giving number for 2017?

UO: Given the overall patterns we're seeing so far this year, there's a very good chance we'll not only hit the $400 billion mark but exceed it. But don't forget, there are still six months left in the year.

PND: Right. Past performance is not a guarantee of future results.

UO: Exactly.

— Mitch Nauffts

Weekend Link Roundup (June 17-18, 2017)

June 18, 2017

Rising-TemperaturesOur weekly roundup of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

Arts and Culture

On the Andrew W. Mellon Foundation's Shared Experiences blog, National Assembly of State Arts Agencies CEO Pam Breaux argues that leaving support for arts to the private sector alone "would leave millions of people behind."

Communications/Marketing

On the Communications Network site, Na Eng, communications director at the McKnight Foundation, shares some of the best practices that she and her colleagues embedded in the foundation's latest annual report.

Corporate Philanthropy

In the Detroit News, Melissa Burden reports that General Motors is overhauling its $30-million-a year corporate philanthropy program — a decision that has some nonprofits and arts groups in southeastern Michigan worried.

Diversity

"Of all the things philanthropists are trying to fix," writes Ben Paynter in Fast Company, "there's one major issue the sector seems to continually ignore: itself." By which he means the "lack of racial diversity among nonprofit and foundation leaders, an issue that remains unaddressed despite having been well documented for at least fifteen years."

Grantmaking

When are program evaluations worth reading, and when are they not? On Glasspockets' Transparency Talk blog, Rebekah Levin, director of evaluation and learning at the Robert R. McCormick Foundation, breaks it down

Grantseeking

Wise Philanthropy blogger Richard Marker has some good advice for nonprofit grantseekers: "Please take funders at [their word]: [they] know [their] role and the vast majority...try to play fair, are sympathetic and caring, and want to use precious resources wisely and thoughtfully. Not taking [them] at [their] word or respecting [their] guidelines or violating [their] space doesn't help your cause, and doesn’t make [them] more sympathetic."

International Affairs/Development

Devex, a media platform for the global development community, has launched a new site, Going for the Goals, that will explore innovative financing mechanisms in support of the 2030 sustainable development agenda (aka the UN's Sustainable Development Goals).

What's the best way to fight poverty in the developing world? Programmatic interventions? Cash? Or neither? In a post for Quartz, Dan Kopf, citing the work of Lant Pritchett, an international development economist at Harvard, suggests that economic growth is the most, and maybe only, effective anti-poverty program.

Nonprofits

In a new post, GuideStar president Jacob Harold shares the thinking behind the organization's decision to add new information to the profiles of forty-six groups in its database designated as hate groups by the Southern Poverty Law Center.

"[P]eople calling for nonprofits to be taxed usually have no experience or understanding of the nonprofit sector. Or government. Or tax structures. Or irony," writes Nonprofit AF's Vu Le, adding, "There are not many of them, thank goodness, but they seem to be increasing in numbers lately, so maybe we nonprofits need to do a better job preparing counter-arguments" — which he proceeds to do.

Philanthropy

 "Dear Jeff. I’ve been looking at the replies to your tweet and they unfortunately betray the challenge of your approach and the wider problem our sector faces...." Forbes contributor Jake Hayman pens a letter to Amazon.com founder Jeff Bezos, who has decided to crowdsource ideas, via social media, for his philanthropy.

Daniel Lurie, founder of Tipping Point Community, a poverty-fighting organization in the Bay Area, wants to reinvent philanthropy. In this video, he explains how he intends to do it.

On the HistPhil blog, Ben Soskis argues that the conceit in David Callahan's new book, The Givers: Wealth, Power, and Philanthropy in a New Gilded Age (our review here), that "a handful of present-day developments within philanthropy...represent a significant departure from past practice and trends" doesn't really stand up to scrutiny.

"We like to think that the selling of indulgences was an error of the past," writes Nathan Schneider in America: The Jesuit Review,  "yet the practice has passed into secular forms, and there are few Martin Luthers complaining of it. What goes by the name of philanthropy — literally, the love of people — and what the tax code regards as giving can rival the cynicism of the feudal indulgence business."

In a post that mentions Foundation Center president Brad Smith, Nonprofit Chronicles blogger Marc Gunther highlights the Knight Foundation's Knight Cities Challenge as an admirable example of a foundation committing a portion of its annual grantmaking budget to "bottom-up" philanthropy.

Public Policy

Remarkable fact of the week: An annual report released by the National Low Income Housing Coalition finds that there is no place in the U.S. where someone working a full-time minimum wage job could afford to rent a two-bedroom apartment. According to the report, the minimum hourly wage required to afford rent on a two-bedroom apartment ranges from a low of $11.46 in some counties in Georgia, to $28.27 in Maryland, $28.08 in New York, $30.92 in California, $33.58 in the District of Columbia, $35.2o in Hawaii, and $58.04 in the San Francisco Bay Area. Tracy Jan reports for the Washington Post.

Science/Tech

Last but not least, Beth Kanter continues her series on nonprofit bots with a look at a handful of the best, including Facebook Messenger bots, the Climate Reality bot, the Genius Albert Einstein bot, the Anne Frank House bot, and the Pontifical Mission Societies' Missiobot.

That's it for this week. Got something you'd like to share? Drop us a line at mfn@foundationcenter.org.

Weekend Link Roundup (June 10-11, 2017)

June 11, 2017

HonnoldOur weekly roundup of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

Children and Youth

On the Annie E. Casey Foundation blog, Tracey Feild, managing director of the foundation's Child Welfare Strategy Group, shares five lessons from the foundation's recent efforts to develop tools to measure and address racial disparities in child welfare systems.

Education

"If Facebook’s [Mark]. Zuckerberg has his way, children the world over will soon be teaching themselves — using software his company helped build." The New York Times' Natasha Singer considers the efforts of Zuckerberg, Salesforce founder Marc Benioff, Netflix chief Reed Hastings, and other Silicon Valley billionaires to remake America's public schools.

Giving

In an article for Nature, Caroline Fiennes, founder of Giving Evidence, an organization that promotes charitable giving based on sound evidence, argues that "[p]hilanthropists are flying blind because little is known about how to donate money well." The solution to the problem, she adds, "lies in more research on what makes for effective philanthropy [and donor effectiveness]."

And here, courtesy of the International Council for Science's Anne-Sophie Stevance and David McCollum, research scholar at the International Institute for Applied Systems Analysis, is an SDG-related example of exactly the kind of approach and methodology Fiennes would like to see more of.

A recent column by New York Times columnist David Brooks in which Brooks asks, "What would I do if I had a billion bucks to use for good?" raises other interesting questions, writes John Tamny on the Real Clear Markets site, including: Why do the superrich think their skills in the commercial space render them experts at charity? And: Why should the supperrich be expected to do "good" after they have created wealth — and the jobs and social advances that usually come with it?

Reid Hoffman, a supperrich Silicon Valley entrepreneur and founder of networking site LinkedIn, tells The Atlantic's Alana Semuels that having people who know how to apply capital in the service of getting things done is a good thing for social causes, as long as those same people are careful about big-footing the politics of the issue.

Continue reading »

Weekend Link Roundup (June 3-4, 2017)

June 04, 2017

Pittsburgh office media carousel skyline triangle  700x476Our weekly roundup of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

African Americans

In an op-ed for the New York Times, Melissa Harris-Perry, a professor in the department of politics and international affairs at Wake Forest University, television personality, and founding director of the Anna Julia Cooper Center, has some advice for the NAACP, which recently announced the departure of its president, Cornell William Brooks, and its intention to pursue an "organization-wide refresh."

Climate Change

Hours after Donald Trump claimed "to represent the voters of Pittsburgh in his decision to withdraw the United States from the Paris climate agreement," Pittsburgh mayor Bill Peduto announced his support for a goal of powering the city entirely with clean and renewable energy by 2035. Shane Levy reports for the Sierra Club. (And you can read Peduto's executive order to that effect here.)

Although there's no doubt that "President Trump’s decision to abandon the Paris Agreement on global warming is a short-sighted mistake," writes Nature Conservancy president Mark Tercek, the jury is still out as to whether "the decision [will] unravel the entire agreement."

Fundraising

We missed this post by Vu Le outlining the principles of community-centric fundraising when it was first published in the lead up to the Memorial Day weekend. But it is definitely worth your time.

Hey, Mr./Ms. Nonprofit Fundraiser, job got you down and almost out? Beth Kanter shares four warning signs of burnout — and easy ways to make yourself feel better.

On the GuideStar blog, BidPal's Joshua Meyer looks at five unexpected benefits of text-to-give software.

Continue reading »

[Infographic] Navigating the Online World of Nonprofit Storytelling

June 03, 2017

Storytelling is as old as fire. And over the millennia, storytellers have left us a trove of sayings and observations about the power and importance of good storytelling.

"It has been said that next to hunger and thirst, our most basic human need is for storytelling" (Khalil Gibran)

"If you're going to have a story, have a big story, or none at all" (Joseph Campbell)

"People don't want more information. They are up to their eyeballs in information. They want faith — faith in you, your goals, your success, in the story you tell" (Annette Simmons)

Yes, some of the settings in which stories are told have changed, as have many of the techniques. But as this week's infographic, courtesy of the Center for Social Impact Communication at Georgetown University, reminds us, "Stories" — the kind that people remember and respond to — "chronicle a character who undergoes some kind of change or transformation." Joseph Campbell couldn't have said it better.

Here at PhilanTopic, we've been exploring the world of stoytelling with the likes of Thaler Pekar (here, here, here, here, and here) for close to a decade. But even we were surprised by some of the findings presented below. (And, yes, in the nonprofit world at any rate, text still rules.) Enjoy!

Continue reading »

Most Popular PhilanTopic Posts (May 2017)

June 02, 2017

Like many of you, we're trying to make sense of all the tweets, charges/counter-charges, and executive orders emanating from the White House. One thing we do know, however: you found plenty to like here on the blog in May, including a stirring call to action from Tim Delaney, president of the National Council of Nonprofits; some excellent grantmaking advice from Peter Sloane, chair and CEO of the Heckscher Foundation for Children; a new post by everyone's favorite millennial fundraising expert, Derrick Feldmann; posts by first-time contributors Nona Evans and Jaylene Howard; and an oldie-but-goodie by fundraising consultant Richard Brewster. But don't take our word for it — pull up a chair, click off MSNBC, and treat yourself to some good reads!

What have you read/watched/heard lately that got your attention, made you think, or charged you up? Feel free to share with our readers in the comments section below. Or drop us a line at mfn@foundationcenter.org.

Xavier de Souza Briggs, Vice President, Economic Opportunity and Markets, Ford Foundation: Changing the World Through Mission-Related Investing

June 01, 2017

In April, Darren Walker, president of the Ford Foundation, the second largest foundation in the United States and one of the most influential in the world, announced a billion-dollar commitment over the next decade to mission-related investments (MRIs). In making the announcement, Walker expressed a belief widely shared within his organization that "MRIs have the potential to become the next great innovation for advancing social good." Walker further suggested that foundations needed to expand their imaginations and tools if they hoped to successfully address "the large-scale problems facing the world today" and added that they shouldn't "neglect the tremendous power of markets, including the capital markets, to contribute."

Ford isn't the first foundation to commit itself in a significant way to mission-related investing, although its commitment would appear to be the largest by a foundation to date. Since the late 1990s, the F.B. Heron Foundation in New York City has distinguished itself as a pioneer in the field, and under the leadership of its president, Clara Miller, has become increasingly willing to challenge others "to jettison outdated operating models that leave resources untapped in the face of systemic social ills." Foundations such as Kresge, Packard, and Surdna have followed suit.

Shortly after Walker's announcement, PND spoke with Xavier de Souza Briggs, vice president for economic opportunity and markets at the Ford Foundation, about the foundation's decision, how and where the funds will be allocated, and what the move means for the field of impact investing.

De Souza Briggs joined the foundation from the Massachusetts Institute of Technology, where he was a professor of sociology and urban planning in the Department of Urban Studies and Planning. An award-winning author, commentator, and educator, he served from January 2009 to August 2011 as associate director of the Office of Management and Budget in the Obama White House. His most recent book, Moving to Opportunity: The Story of an American Experiment to Fight Ghetto Poverty, was published by Oxford University Press in 2010.

Headshot_xavier-de-souza-briggs_220Philanthropy News Digest: Let's start with a question I'm sure many of our readers are asking.What are mission-related investments?

Xavier de Souza Briggs: MRIs are investments that pursue both attractive financial returns and social impact, also known as social returns, and they are made from a foundation's endowment, rather than counted against its program payout. That's the IRS definition, not ours, and private foundations have been making them for a while, albeit not on the scale of a billion dollars.

PND: Why did Ford decide that this was the right time to allocate a billion dollars to MRIs?

XSB: Well, first of all, we felt it was important, at this particular moment, to align as many of our assets as possible with our mission. That includes our grantmaking, of course, and our program-related investments, which, again as defined by the IRS, is the other kind of impact investment that foundations can make. Our building in Manhattan, where we've convened changemakers and social sector leaders for many years, is an important asset, too. But we've never made investments toward our mission out of our endowment, and we felt that, at this moment, the impact investment market was ready for us to take this step. And the board agreed, which is why it approved MRIs of up to a billion dollars over ten years. Now, we're going to be careful and gradual about how we put those funds to work, but we're quite excited about the opportunity.

PND: Did the board have any reservations?

XSB: The board had a set of smart questions. Are the investable opportunities really there? Are we confident that we can generate social return in addition to financial return, which is better understood and more easily measured? They were good, smart questions, and the board was very prudent in its approach to oversight. But ultimately it concluded, based on the foundation's many years of experience with impact investing, that we were ready and the market was ready, and that by stepping up now we could help catalyze a broader movement in the impact investing field, which includes not only foundations but other major institutional investors such as pension funds, sovereign wealth funds, and university endowments. That's where the really big pools of investable capital are, and that's where the larger promise lies.

Continue reading »

Weekend Link Roundup (May 27-28, 2017)

May 28, 2017

Our weekly roundup of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

Frog-in-the-Rain

Climate Change

As the Trump administration prepares to exit the Paris climate agreement, a new Global Challenges Foundation poll finds that a majority of people in eight countries — the U.S., China, India, Britain, Australia, Brazil, South Africa and Germany — say they are ready to change their lifestyles if it would prevent climate catastrophe — a survey result that suggests "a huge gap between what people expect from politicians and what politicians are doing."

Criminal Justice

On the Ford Foundation's Equal Change blog, Kamilah Duggins and William Kelley explain why and how they created a professional development program at the foundation for graduates of the Bard Prison Initiative, which creates the opportunity for incarcerated men and women to earn a Bard College degree while serving their sentence.

Diversity

A new white paper (6 pages, PDF) from executive search firm Battalia Winston sheds light on the lack of diversity within the leadership ranks of the nation's foundations and nonprofit organizations.

Education

Does the DeVos education budget promote "choice" or segregation? That's the question the Poverty & Race Research Council's Kimberly Hall and Michael Hilton ask in a post here on PhilanTopic.

Fundraising

There are mistakes, and there are fundraising mistakes. Here are five of the latter that, according to experts on the Forbes Nonprofit Council, we all should try to avoid.

Continue reading »

Weekend Link Roundup (May 20-21, 2017)

May 22, 2017

Pause-button-2Our weekly roundup of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

Communications/Marketing

Does your organization have a strategy for dealing with the media? To help its members think beyond the press release, dispel misperceptions about working with the media, and provide practical guidance on how to approach this powerful medium, Exponent Philanthropy has released A Funder's Guide to Engaging With the Media, which includes the five building block of a successful media strategy highlighted in this post on the organization's PhilanthroFiles blog.

"Why do so many nonprofits take on the burden of producing the equivalent of a magazine a month [i.e., your monthly newsletter] that gets an average 1.5 percent click through rate and 14 percent open rate?" That's one of the controversial questions Ally Dommu poses in a post on the Big Duck site. Before you do anything rash, take a look at some of the other questions Dommu poses in her post and read the half a dozen or so comments submitted in response to her post.

Education

Budget documents obtained by the Washington Post offer the clearest picture yet of how the Trump administration intends to shrink the federal government's role in education and give parents more opportunity to choose their children's schools. Emma Brown, Valerie Strauss, and Danielle Douglas-Gabriel report

Environment

In his first four months as president, Donald Trump has walked back many of the promises he made to supporters on the campaign trail. One thing is absolutely clear, however: he is committed to rolling back a half-century of environmental regulations and protections supported, at different times, by majorities in both parties. And that, according to the findings of a new Pew Research Center survey, puts him at odds with a majority of Americans.

Global Health

On the Devex site, Rebecca Root shares five key takeaways from her conversations with attendees at the recent G-20 meeting on global health innovation.

Continue reading »

Weekend Link Roundup (May 13-14, 2017)

May 14, 2017

Youre-FiredOur weekly roundup of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

Arts and Culture

Although President Trump has signed into law a $1.1 trillion appropriations bill, bringing to an end (for now) months of debate over his administration's controversial budget blueprint, the future of arts funding in America remains uncertain, write Benjamin Laude and Jarek Ervin in Jacobin. Critics who accuse the president of philistinism are missing the point, however. "For better or worse," they write, "the culture wars ended long ago. These days, with neoliberalism's acceleration, nearly every public institution is under assault — not just the NEA. If we want to stop the spread of the new, disturbing brand of culture — the outgrowth of an epoch in which everything is turned into one more plaything for the wealthy — we'll need a more expansive, more radical vision for art."

On the Mellon Foundation's Shared Experiences blog, the foundation's president, Earl Lewis, explains why the National Endowment for the Humanities is an irreplaceable institution in American life.

Data

In a post for the Packard Foundation's Organization Effectiveness portal, Lucy Bernholz, director of the Digital Civil Society Lab at the Stanford Center on Philanthropy and Civil Society, reflects on the process that led to the center's Digital Impact Toolkit, a public initiative focused on data governance for nonprofits and foundations.

According to The Economist, the most valuable commodity in the world is no longer oil; it's data. What's more, the dominance of cyberspace by the five most valuable listed firms in the world — Alphabet (Google's parent company), Amazon, Apple, Facebook and Microsoft — is changing the nature of competition while making the antitrust remedies of the past obsolete. "Rebooting antitrust for the information age will not be easy," the magazine's writers argue. "But if governments don't want a data economy dominated by a few giants, they will need to act soon."

Food Insecurity

According to Feeding America's latest Map the Meal Gap report, 42 million Americans were "food insecure" in 2015, the latest year for which complete data are available. That represents 13 percent of U.S. households — a significant decline from the 17 percent peak following the Great Recession in 2009. The bad news is that those 42 million food-insecure Americans need more money to put food on the table than they did before. Joseph Erbentraut reports for HuffPo.

Continue reading »

[Infographic] The Current and Future State of Nonprofit Philanthropy

May 13, 2017

No doubt about it, these are challenging times for nonprofits. Revenues for most organizations are flat, government support for the safety net has been singled out as something we can longer afford (or are no longer willing to pay for), competition for limited resources is increasing, and demand for services continues to grow.

This week's infographic, courtesy of the online Master of Public Administration program at the University of San Francisco, provides a snapshot of a sector poised between the certainties of the past and, well, an uncertain future. And as someone who has covered the sector for years, a couple of things jump out at me. The charitable-giving-as-a-percentage-of-GDP ratio — 2.1 percent — has been stuck right around there for years, despite the efforts of infrastructure groups, activists, academics, and celebrity philanthropists. Might it inch higher in the future, as millennials enter their peak giving years? It's possible, though there's little evidence to suggest that millennials will be more charitable than their parents and grandparents — and some to suggest that, as a group, their giving will be constrained by worrisome economic trends. The infographic includes an oddly specific intergenerational-transfer-of-wealth range — $22.2 trillion to $55.4 trillion — which suggests to me that there will be a wealth transfer of some kind over the next thirty years, but that no one really knows how much wealth will be passed on, how much of it will end up in university and foundation endowments, or how much will end up supporting the work of faith-based and human services organizations. And the number of charitable organizations in the U.S. cited below — 1.5 million — almost surely is overstated, creating a false impression of a sector that is larger and more robust than, in actuality, it is.

Elsewhere, the infographic underscores the still-significant impact of volunteers and volunteering in American society and hints at the rapid growth of online giving. But don't take my word for it. Have a look and then join us in the comments section below for a conversation about what the infographic gets right, what it gets wrong, and what you would change or add if you could.

Continue reading »

Weekend Link Roundup (May 6-7, 2017)

May 07, 2017

Macron-victory-celebrationOur weekly roundup of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

Corporate Philanthropy

Forbes contributor Robert Reiss profiles five organizations that are redefining corporate philanthropy. 

Environment

The restoration of the Chesapeake Bay, one of the most important estuaries in the United States, is showing signs of success. So why, asks journalist and Bay Journal columnist Tom Horton on the Yale Environment 360 site, is the Trump administration seeking to eliminate funding for those ongoing efforts?

Lots of people in the climate change community are not happy the New York Times hired longtime Wall Street Journal op-ed writer Brett Stephens as a columnist for its opinion pages. Vox's David Roberts explains.

Inequality

Could persistent disagreements over inequality and opportunity (e.g., "self-made" vs. "takers") be the result of cognitive bias? On the New York Times' Upshot blog, Sendhil Mullainathan, a professor of economics at Harvard, looks at how our tendency to remember and celebrate the challenges we faced, not the advantages we've had, colors our perceptions of those who are less fortunate — and how we might use that bias to create better public policy.

Continue reading »

Weekend Link Roundup (April 29-30, 2017)

April 30, 2017

World_peace_in_our_handsOur weekly roundup of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

Children and Youth

In a post on the Colorado Trust site, Kristin Jones, the trust's assistant director of communications, details three of the structural factors that, according to the latest data from the Annie E. Casey Foundation's KIDS COUNT initiative,  are holding back children in the state, with real consequences for their health.

Communications/Marketing

As if there isn't already enough in the world to disagree about, design shop Elevation has created a gallery showcasing its favorite 75 nonprofit logos. Let the games begin!

Environment

Barry Gold, director of the Environment program at the Walton Family Foundation, explains why fishing reforms recently enacted in Indonesia and the U.S. Gulf Coast region point the way to a more sustainable fishing industry in the twenty-first century.

Foundation Center has launched a new Web portal, FundingTheOcean.org, designed to help funders and activists track, inform, and inspire ocean conservation. 

The UN Foundation's Justine Sullivan shares seven reasons why the U.S. would be foolish to pull out of the Paris Climate Agreement.

Food Insecurity

On the Civil Eats site, Mark Winne talks to Andy Fisher, author of the new book, Big Hunger: The Unholy Alliance Between Corporate America and Anti-Hunger Groups, about poverty, the "business" of hunger, and Fisher's vision for a new anti-hunger movement.

Continue reading »

Weekend Link Roundup (April 15-16, 2017)

April 16, 2017

Glitter-eggs_2Our weekly roundup of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

Advocacy

Our colleagues over at GrantCraft have put together an excellent suite of resources that captures the wisdom of philanthropic leaders who have participated in multi-party advocacy collaboratives. Check it out.

And Salsa Labs, a maker of integrated software for nonprofits, has released a a Nonprofit Advocacy Action kit that includes, among other thing, best practices and customizable advocacy templates. (Registration required.)

Climate Change

There's no denying that philanthropy is as industry that loves jargon — or that the use of jargon often undermines the effectiveness of our messaging and communications. With that in mind, Achieng' Otieno, a communications officer in the Rockefeller Foundation's Nairobi office, shares some tips about how to communicate the concept of "resilience" to non-experts.

Health

Here on Philantopic, the Robert Wood Johnson's Foundation John Lumpkin has some suggestions about what we can do to improve care for patients with complex needs.

Higher Education

On the Inside Philanthropy site, Mike Scutari examines the implications of a new Marts & Lundy report which finds that mega-gifts for higher education are rising while alumni giving overall is falling.

Continue reading »

Contributors

Quote of the Week

  • "They were careless people. They smashed up things and creatures and then retreated back into their money or their vast carelessness or whatever it was that kept them together, and let other people clean up the mess they had made...."

    The Great Gatsby, F. Scott Fitzgerald (1896-1940)

Subscribe to Philantopic

Contributors

Guest Contributors

  • Laura Cronin
  • Derrick Feldmann
  • Thaler Pekar
  • Kathryn Pyle
  • Nick Scott
  • Allison Shirk

Tweets from @PNDBLOG

Follow us »

Tags

Other Blogs