Snapshot
Foundations
The diminishing role of government has focused more attention on philanthropic giving by foundations. Funders want to be more than what Dwight MacDonald of the Ford Foundation cheekily defined as “a body of money completely surrounded by people who want some.” By establishing decisive social benchmarks that can realistically be achieved, you can distance yourself from being an ATM and take an active role in effecting change in the sector.
Key challenges
Measuring impact
Funders are under greater scrutiny than ever to show proof of their impact and make every dollar count. An impact measurement plan acts as a touchstone for every funding decision you make, allowing you to quickly gather and disseminate results to your stakeholders.
Eliminating silos
Harness the power of productive collaboration. By strategically seeking out partnerships with charities and related foundations, you can yield better results for your cause. Making lasting change means bridging the experience of like-minded innovators in the sector and forging a concentrated alliance.
Board succession
Finding the ideal candidate to advance the important work your foundation has achieved is a process that requires reflection and guidance. By strategically planning for the succession of your board, you have the opportunity to radiate your knowledge and experience without being pressured to fill gaps by unexpected departures or burnouts.
Testimonial
“It was our lucky day when my colleague discovered PHIL in a Google search. We were looking for a digital media small shop consulting firm. After 20 years in the philanthropy world I was not a fan of consultants. Our Board of Directors was very firm with me, it was time to go digital in a big way. We were mid covid-crisis and now was the time to jump. The truth is I was dragged kicking and screaming to the cliff until I met Kim Fuller. She had me very early on in our interaction. I was impressed by her calm attitude, her creativity, her vision and most of all the team she has assembled. We have worked together for a year, all on Zoom. It has been an incredible journey. They have pushed hard when they had to and together we are well on the road to integrating digital strategies in all that we do. They listened intently and provided us with exactly what we asked for. That is the secret sauce that is PHIL!”