Posts by admin

The Sunk Cost Fallacy – 5 Red-Flags That Tell You It Might Be Time to Move On

Posted by on Aug 14, 2018 in Articles, Blog

I recently read an article on behavioral research about the sunk cost fallacy (The Economist, 6-2-18)and it got me thinking about how much of this goes on in philanthropy. As many economists and writers have described, the sunk cost fallacy is irrational decision-making driven by emotion and based on past investments – and which disregards actual data and experience. Put more succinctly, it’s the proverbial practice of throwing good money after bad. I’m not talking here about the hard work of tackling significant problems that take years of focus and commitment to have an impact on. I am talking about foundations and nonprofits that continue to invest...

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A Must Read Article on Foundation Transparency

Posted by on Jun 13, 2018 in Articles, Blog

Transparency has become a watchword in private philanthropy, but far too much of the discussion of this timely topic remains steeped in opinion rather than research. A new Foundation Review article reports critically important and some surprising findings from new research not previously addressed in foundation literature. This article provides new guidance regarding potential benefits and risks inherent in foundation transparency practices. Foundations should carefully consider their transparency-related policy/strategy from perspectives framed in this article. The article is available for free download at the Foundation Review. I encourage you to read this article as...

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Funding Opportunity for Foundations & Their Grant Partners

Posted by on May 17, 2018 in Articles, Blog

I don’t usually work the fundraising side of the street, but here’s a unique opportunity for foundations and their grant partners to ramp up their work together. The Fund for Shared Insight is now acceptingapplications for Listen for Good grants. Submissions are due by June 29, 2018; click here for all the details. Listen for Good is “an initiative dedicated to building the practice of listening to the people we seek to help.” Nonprofits and funders are invited to join this effort “to explore simple but systematic and rigorous ways of getting feedback” from people philanthropy is meant to serve. In non-foundation-speak, this is helpful market research for nonprofit...

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3 Reasons to Plan for Leadership Succession Now

Posted by on Mar 29, 2018 in Articles, Blog

Research tells us that most foundations and almost half of nonprofits nationally do not have written leadership succession plans in place. Here are three reasons to start succession planning in your organization now.

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Advocacy – Yes, you can!

Posted by on Feb 22, 2018 in Articles, Blog

“I thought nonprofit organizations weren’t allowed to participate in advocacy.”  “Foundations can’t fund advocacy efforts…can they?” Well, actually, nonprofits can advocate and foundations can (and should) provide support for them to do so! One of the best resources for both foundations and nonprofits on the topic is Bolder Advocacy, an initiative of Alliance for Justice. If you are a nonprofit, check out their Advocacy Capacity Tool to benchmark your advocacy skills and help determine resource allocation for your efforts. If you are a foundation, look into the Philanthropy Advocacy Playbook to get your questions answered on legal rules and how to leverage your...

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