Monthly Archives: March 2012

Assessing Yourself From All Sides

By Katie Everett, The Lynch Foundation

Five years ago, I participated in an assessment called The Leadership Circle Profile.

Different from traditional competency-based approaches to assessment, it is a 360-degree assessment designed to accelerate your leadership and help you understand the relationship between how you habitually think and behave—and how all this impacts your current effectiveness as a leader.

Working as the executive director of a small foundation can be lonely and isolating. I found it very difficult to get authentic feedback from my grantees, and often it was difficult to engage the foundation’s trustees in meaningful performance reviews due to time constraints. In addition, having worked with this board for more than 10 years, both the philanthropy and my relationships have become very personal. All made the annual review process challenging.

When I found The Leadership Circle and learned that all my trustees could participate in an online survey, answering  more than 100 questions but taking less than 20 minutes of their time, I knew I had discovered something wonderful. Then I learned that all the answers were anonymous, meaning I could get my grantees to participate in a genuine process too.

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Why Legislators Want to Hear Your Story

By Henry Berman, ASF

It’s obvious now that I think about it: The legislative process is typically a marathon and rarely a sprint.

Whereas many suggest that tax or nonprofit reform won’t happen before the fall elections, our senators, representatives, and their staff are busy at work now, learning, exploring, and thinking. If we want to talk with them about our impact—if we want to make a difference legislatively—we need to let our government officials know about the good work we do.

And we need to let them know now.

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Stress Test Your Portfolio – and Do It Now

By Floyd Keene, The Triple EEE Foundation

In today’s world of economic uncertainty, many foundations are concerned about world events and how bad developments could affect their portfolios.

Europe, Washington politics, a large slowdown in China, Middle East uprisings, a new liquidity crisis. All these events could clearly affect the market and have very bad effects on a foundation’s portfolio.

Are you having trouble sleeping at night? Are you timid in your investment policy for fear of a world calamity? If you are, you are not alone. Many investors share your fear.

But there is one easy way to control your fear, so it does not adversely effect solid investing decisions: Do a stress test on your foundation’s portfolio. Moreover, given the incredible volatility of the market in recent months, do it now. Do it before world events surprise us all with a massive market correction, which could happen at any time.

In the words of the Boy Scouts: Be prepared.

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Want to Change the World? It’s D + V + P

By Sara Beggs, ASF 

Don’t you love when reality can be boiled down to a pithy equation, especially one with the power to change the world?

At the recent Council on Foundations’ 2012 Family Philanthropy Conference, John Bare of The Arthur M. Blank Family Foundation presented such an equation based on the work of Joel Brockner, professor and chair of the management division at Columbia Business School.

It changed the way I think.

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Getting Involved Isn’t Easy

By Ted Donley, Donley Foundation

It took me 24 years to get involved in my family’s foundation.

Growing up, I didn’t really know what it was, nevertheless what a foundation was or what it meant. Luckily for my sisters and me, my dad and mom did instill philanthropy in us while we were young. They gave us $100 each. Sadly for us at the time, we didn’t get to keep the money. Instead, we were told to research a worthy cause in the small community of York, PA, to which we would donate it.

And you know what? In the end, giving the money away felt even better than keeping it.

In 1987, the year I was born, my grandparents started the Donley Foundation. For two decades, the board of directors included my grandparents, father, aunt, and uncle. I never understood what happened behind closed doors, other than my parents and grandparents gave money to libraries and stuff.

I also wasn’t in tune with what was going on when the third generation, my two siblings and seven cousins, reached an age to attend to the “meetings.” As a younger kid, I just remember it being an awesome time to hang out with my family from Chicago and New Hampshire.

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Leadership in Small Foundations

By Andy Carroll, ASF

ASF is launching a Leadership Initiative.

Does it sound like it’s about being a trustee of a small foundation, or top executive? That is part of it. But our look at leadership is even bigger.

For one thing, we believe every individual working at a small foundation can lead, including founders, trustees, staff, family members, and advisors. We also believe that leadership can happen on an ongoing basis, or for brief periods of time—a month, a week, a day, or even in a moment.

And we believe foundation leadership isn’t about formal authority. When you think about it, a foundation large or small can’t make anyone do anything. And yet, a foundation can have huge influence. Foundations have the freedom to take risks, experiment, speak out, and address the toughest issues facing communities and society.

So ASF is asking fundamental questions: What is the essence of leadership? What does leadership mean in philanthropy? What does leadership mean for small foundations? How do small foundations provide leadership in communities, in their fields, and in society?

Why are we doing this?

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Welcome to PhilanthroFiles

By Henry Berman, ASF

Since the earliest days of this country, people have sought—and found—places to share ideas and conversation. The first settlers would congregate on the town common to discuss the news of the day. As the great American West was explored, it was the evening campfire that provided the warmth for conversation. In the 20th century, many of us grew up in households where the dinner table was the place for daily reports and exchange of ideas. More recently, the development of the Internet and expansion of social media has allowed conversations to be shared further than ever before. Suddenly, geographic location, economic standing, political affiliation, or educational backgrounds are no longer barriers to conversation.

With the launching of PhilanthroFiles, ASF is providing you, our members, sponsors, friends, and readers, a town common, campfire, and a dinner table all in one. This is a space for all of us to actively participate in conversations. To share ideas. To listen and learn. To grow and develop. At its core, PhilanthroFiles reflects one of the great aspects of ASF: members sharing with members for the benefit of all.

One of our hopes is that PhilanthroFiles will be a catalyst for thinking and a welcoming place for sharing. Some posts will no doubt be controversial. Others will report successful grantmaking and foundation experiences that might benefit all. Still others will be stories that can inspire. We won’t always agree with one another, and that’s just fine. What is important is that we engage in a civil discourse that will help all of us to grow.

Here are just some of the issues we hope to explore:

  • When and how has your leadership caused an impact on your giving?
  • How might we encourage the next generation of philanthropic leaders?
  • What is the role of philanthropy when government funding ceases to exist?
  • Do we, as small-staffed foundations, push ourselves hard enough to demand and achieve excellence?
  • How might evaluations of ourselves as individual leaders and foundations help us improve how we approach and work with grantees?
  • How might a reduction in the charitable deduction affect foundations?

I want to thank ASF member Rick Leonhardt and the FHL Foundation of Albuquerque, NM, for providing the funding and encouragement for us to undertake this project. Rick exemplifies the best of giving by providing more than just funds. His advice, based on his own blog experience, has been truly valuable to the ASF staff, and we all owe him our thanks.

Just as early settlers around the campfire had to keep it going, we will be placing some logs on the fire—and stirring up the coals now and then—and we hope you will too. As this blog grows from toddler to adolescent to adult, I hope all of you will contribute. After all, ASF is your association, and this space is no different.

Welcome to the campfire. Welcome to PhilanthroFiles.

An ASF member since 2003, Henry Berman became ASF’s CEO in 2011, previously serving as acting CEO, board member, and committee member. Through his experience as a foundation co-trustee and a leader within ASF, he brings a firsthand understanding of the needs of ASF members to his role. He is committed to a dialogue with members and to facilitating rich learning opportunities and peer-to-peer exchanges.

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