Effective Family Philanthropy in Action

As more and more funders request demographic data from their nonprofit partners to ensure that they are funding equitably, grantee burden to provide the data has increased. In an effort to centralize data and mitigate grantee burden, Candid’s data1x initiative has introduced Demographics via Candid. To understand the makeup of the nonprofits they support, individual funders increasingly request demographic information… Read More

For wealth inheritors, having access to a large sum of money they did not earn is a privilege, but often comes with mixed emotions and a deep sense of responsibility. Acknowledging and building a healthy and transparent relationship to wealth can help improve personal and family relationships, deepen connections in community, and ultimately promote greater, and more equitable redistribution of… Read More

NCFP Distinguished Fellow David Weitnauer notes the importance of personal connection among family, board, and staff members in the context of their philanthropy and introduces his research on the concept of giving related. In the drive to improve our philanthropy practices and contribute to greater impact, we often overlook the very characteristic that sets our field apart: family ties. Cultivating… Read More

In recent years, GMA Foundations has worked with the Celia Lipton Farris and Victor W. Farris Foundation to define and hone its grantmaking focus. The process involved deep listening and learning and strengthened grantee relationships.  Cohesive family giving across geography and generations is patient work. Trustees’ willingness to listen to one another and to invest time in grantee relationships translates… Read More

Family philanthropy benefits enormously from continuous inquiry. But it can be challenging to identify paths to deepen knowledge, explore new ideas, and ultimately, build a culture of curiosity. Embarking on a learning journey—a series of experiences designed to better understand your role in the funding landscape and how to improve your work—can be a creative and inspirational way to promote… Read More

Phila Engaged Giving’s Stephanie Ellis-Smith and Nancy Reid outline the benefits of changing “worth” to “wealth” in the term “high net worth.” This piece was originally published by Phila Engaged Giving and is re-published here with permission. Here’s something radical for you to consider: let’s retire the phrase “high net worth” (HNW), and the even more obnoxious, “ultra high net worth”… Read More

“I have seen that in any great undertaking it is not enough for a man to depend simply upon himself.” -Teton Sioux Tribe We’re in this together. Funders, grantees, and community. And while the dynamics of power and privilege exist, the values of collaboration, transparency, and responsibility define good philanthropy. At the Better Way Foundation, we work alongside grantees and… Read More

What does it look like to equitably compensate grantees and other partners and how can funders do it in a way that aligns with their values? The Kenneth Rainin Foundation explored this question and shares their process for paying stakeholders. This piece was originally published by the Kenneth Rainin Foundation and is re-published here with permission. In 2022 we wrote about our… Read More