By Gwenn Gebhard, Luther I. Replogle Foundation
As a foundation, it can be difficult to find ways (beyond making grants) to support our grantees and, at the same time, improve their visibility in their communities and the wider world. With this challenge in mind, the foundation’s board of directors and I developed a two-pronged project inspired by a webinar I attended in September 2016.
The webinar was hosted by Foundant Technologies, a grants management software company (and our foundation’s vendor since 2009), and GuideStar, a nonprofit that manages public data on all nonprofits operating in the United States. Working together, Foundant and GuideStar developed software called GuideStar for Grant Applications to pull information from organizations’ GuideStar profiles into Foundant grant processes through web-based links. Keep in mind: Using GuideStar for Grant Applications requires nonprofits to complete their GuideStar profiles, funders to accept the data as a means of populating their grant applications, and software vendors to incorporate the technology into their solutions.
After discovering that only five of our 16 current Washington, DC grantees has developed a GuideStar profile, I decided that assistance could be very useful to them. Further research showed that in Minneapolis, one out of nine of the foundation’s grantees has a GuideStar profile. The story is slightly different in Chicago, where four out of six of our grantees has a GuideStar profile. None of our grantees anywhere has a Platinum profile, and only a few have Gold.
By Jeff Cohen, CAIA, Sonen Capital, an Exponent Philanthropy Silver Level Sustaining Partner
It is a risky proposition to take issue with any advice offered by Warren Buffett.
Recently Marc Gunther, a notable philanthropy and sustainability reporter, wrote an article entitled Warren Buffett Has Some Excellent Advice For Foundations That They Probably Won’t Take. In the article, Mr. Gunther quotes part of the renowned investor’s annual letter: “When trillions of dollars are managed by Wall Streeters charging high fees, it will usually be the managers who reap outsized profits, not the clients. Both large and small investors should stick with low-cost index funds.”
Moving past the understandable issue Mr. Buffett has with high-priced investment managers, the endorsement for investors to stick with low-cost index funds is a more nuanced point, particularly as it relates to mission-driven foundations.
I do agree that investors who are purely seeking the best risk-adjusted rate of return net of fees should seriously consider low-cost index options. When it comes to foundations, however, one must first consider the reason foundations exist. That reason is to affect some form of positive social or environmental good, and not to achieve best-in-class investment returns.
By Henry Berman, Exponent Philanthropy
Each quarter, I write to our member donors to pass along insights I gather in my dual role as Exponent Philanthropy member and CEO, and to provide a special window onto our activities. My most recent communication—sent last month—sparked many positive notes in return. I’m pleased to share it here with our broader community, and I encourage each of you to consider supporting Exponent Philanthropy.
In the wake of January’s inauguration, President Trump has quickly demonstrated his commitment to change. I’ve spoken with people across the political spectrum in the funding and nonprofit communities, and many have been uneasy at best in these early months of 2017. Although every administration and new Congress experience growing pains, business as usual is being redefined this year. Wherever you stand politically, change certainly is in the air.
Amid this year’s changes, I paused in my doctor’s waiting room recently, reading a brochure about new medical school graduates that referenced the Hippocratic Oath’s most famous line: First, do no harm. This triggered my thinking (and online exploring) to learn more about the oath.
I discovered first that Hippocrates didn’t include the well-known phrase in his oath, but in another of his works, Of the Epidemics; regardless of the source, the message is one that I believe aptly applies to all of us who make grants, share knowledge, convene stakeholders, and otherwise act in pursuit of our philanthropic missions.
By Ruth Masterson, Exponent Philanthropy
Today is Equal Pay Day, the day when women’s earnings “catch up” to men’s earnings from the previous year. The average American woman would have to continue to work through this date in 2017 to earn as much as the average American man in 2016.
The Pay Equity Landscape
According to the most recent data, women earned 80 cents compared to $1 earned by men for the same work. Research shows that the pay gap is even worse for African American women, Native American women, and Latinas, whether you compare their average salaries against overall men’s salaries or the salaries of men within the same race/ethnicity. Asian American women experience a smaller inequity than women overall, but the pay gap persists for them too.
Nationally and across all sectors, pay equity improved greatly between 1960 (when the U.S. Census Bureau began collecting data) and 2000, from 60 cents on the dollar to approximately 78 cents. Since 2000, however, the rate of progress has slowed dramatically.
Our own salary data for foundation members by gender goes back to 2004 and, as with the national data, also shows a lack of progress in recent years.
The ratio of women’s salaries to men’s does not show improvement over the past decade among CEO/executive directors of Exponent Philanthropy member foundations.
Often in the complex funder–nonprofit relationship, it seems nonprofits do the asking, reporting, and proving, while donors sit in positions to say yes or no, how much, when, and what’s required. Achieving a different, deeper relationship takes more than just good intentions—it takes flexibility, finesse, and a sincere desire to acknowledge and address the power dynamics at play.
In collaboration with the National Council of Nonprofits, Exponent Philanthropy will gather funders and nonprofits in four locations in the coming months for a half-day of facilitated programming dedicated to helping everyone build better working relationships and increase the impact of their work.
In each location, two pairs of funder and nonprofit partners will share their experiences and help to spark conversations. You can hear from some of the featured speakers below.
Get dates and locations for the upcoming half-day events for funders and nonprofits >>
In your experience, what contributes most to successful funder-grantee relationships?
Wendy Chang (funder, Dwight Stuart Youth Fund): Championing leaders and supporting their personal as well as organizational development. Funder–grantee partnerships are strongest when there is commitment beyond programs—when people, process, and systems matter.
I take pride in having an open door and high level of awareness of the issues confronting our grantee organizations. If every update or discussion with a grantee was just that “everything is fine,” then I couldn’t offer any help or guidance. I find that I am more invested if drawn in by grantees sharing their obstacles or things that may not be working. An opening is created and relationship strengthened when vulnerability is shared.
By Nathaniel James, Exponent Philanthropy
Over the years, participants in our Next Gen Fellows Program have contributed significantly to their home philanthropies’ work through strategic, programmatic, technological, and communications efforts.
Many fellows go beyond that by contributing expertise, ideas, and observations to Exponent Philanthropy’s community and to the field at large. Next gen leaders have written and been featured in multiple media since we launched our Next Gen Fellows Program in 2013, including over a dozen posts on this blog alone.
We want to share just some of pieces written by our fellows over the years that we feel are just as valuable today as when they were published.
Learn about the 2017 Next Gen Fellows Program and apply by April 10 >>
By Elaine Gast Fawcett on behalf of Exponent Philanthropy
Rhonnel Sotelo doesn’t have a favorite childhood book. He wasn’t much of a reader as a child, and only reached third grade reading proficiency in eighth grade. Yet thanks to several caring high school teachers and two UCLA English professors, he was able to turn around his reading capability later in life and passed that love of reading on to his two teenage daughters. Now literacy and public education are his career and personal passion.
As executive director of the Rogers Family Foundation in Oakland, California, Sotelo in partnership with CEO Brian Rogers and team, works to make sure children have opportunities to attend high-quality schools that provide personalized student-centered learning experiences, as well as ensure that students get off to good starts by being able to read on grade level by the end of third grade.
Education, says Sotelo, has always been compelling for the Rogers family. In 2003, after selling the company they owned for 26 years, Dreyers Ice Cream, T. Gary and Kathleen Rogers, along with their four sons, looked at how they could give back to their hometown of Oakland. Certainly there was no shortage of needs: crime, healthcare, housing affordability, and the list goes on. Yet they realized if there was one funding focus that could help all these issues, it was educating children.
Exponent Philanthropy thanks the Annie E. Casey Foundation for partnering to deliver a 3-part “Improving Outcomes for Children & Families” webinar series. This post is based on one part of the series: Data for Decision Making: KIDS COUNT Data Center. View the 90-minute webinar on using data to inform grantmaking and advocacy >>
Did you know there is a free, online resource where you can access hundreds of indicators, download data, and create reports and graphics that support smart decisions about children and families?
It’s called the KIDS COUNT Data Center, a project of the Annie E. Casey Foundation (AECF) since 1990, and it is the premier source for data on child and family well-being in the United States.
The KIDS COUNT Data Center includes more than 4 million searchable data points, according to Laura Speer, AECF associate director for policy reform and advocacy, and can be used to generate maps and graphics to include in your presentations or post to social media.
For example, do you want to know how many fourth-graders are below proficient in reading in your state? The Data Center is searchable by location (e.g., state, county, city, congressional district), topic (e.g., economic well-being, education, health), and characteristic (race and ethnicity, age, family nativity).
In addition to including data from the most trusted national resources, the KIDS COUNT Data Center draws from more than 50 KIDS COUNT state organizations that provide state and local data, as well publications providing insights into trends affecting child and family well-being.
By Jonathan Solari, Working Capital for Community Needs
In times of uncertainty, additional pressure will inevitably be put on all forms of philanthropy. Need increases, and the donors, investors, and institutions who can think creatively and uphold their commitments must carry the additional weight. The result of carrying that weight? Strength.
As Working Capital for Community Needs (WCCN) became an Exponent Philanthropy member in 2016, we celebrated the beginning of our Loan Fund’s 25th anniversary. This milestone gave the organization reason to discover lessons from its founding as a way to navigate the market’s modern moment.
In the 1980s, WCCN was the Wisconsin Coordinating Council on Nicaragua, a group that brought the sister-state program of President Kennedy’s Alliance for Progress to life with tangible results. Cultural exchanges, delivery of goods, and educational programs were building bridges between the socially responsible of Wisconsin and the working poor of Nicaragua. But, as the Latin American country braced itself for revolution, the American government instated an embargo that was meant to stop all exchanges.
What was meant to be a blockade turned into a hurdle to those first WCCN lenders, which evolved to a launching pad for a revolutionary idea. The first WCCN loan of $5,000 was meant not as a new business model, but as a creative solution invented from necessity.
By Rebecca Miller, The Philanthropic Initiative, an Exponent Philanthropy Professional Partner
Originally appeared on TPI’s Deep Social Impact blog (August 3, 2016)
The recent USA Giving Report shared the good news that last year there was an increase in international giving stemming from the U.S. However, many people still see barriers to global giving.
Those obstacles include the fear of corruption and dollars being wasted, the inability to directly see the impact of philanthropy done abroad, or the obvious needs we all see right here in own backyard. When donors do consider international giving, they can be stymied by which organizations to fund and by which approach to international giving will have the greatest impact.
In our work at TPI’s Center for Global Philanthropy, we often see clients grapple with the decision to fund larger, international organizations, or to seek out small grassroots organizations; struggling with the right approach may be one of the reasons international giving from the U.S. remains relatively low.
It’s understandable that many donors wrestle with this issue. With so many amazing organizations doing social justice work every day to change the world, how do you think about practicing effective international philanthropy? How do you decide which organizations will achieve the biggest impact with your giving? How can you ensure that there is transparency and accountability by the organization you’re supporting? How do you decide when to go big and when to go small?