By Elaine Gast Fawcett on behalf of ASF
Some say ASF members and other donors must embrace risk. Do you agree?
The word risk can have a bad rap in philanthropy.
If you’re like a lot of donors, you may find it tough to think of a grant you could call risky. In fact, most funders have grown accustomed to making grants they know (or at least suspect) will succeed. No one likes to fail. And failure—in philanthropy—means losing money that could have gone to another organization.
Yet, these days, some are saying risk is a value that small-staff philanthropy must embrace.
