Effective Family Philanthropy: The Kendeda Fund

Posted on November 29, 2023 by Ade Adeniji

The Kendeda Fund is Writing its Last Checks — and the Last Chapter of a 30-Year Story of Giving About 30 years ago, Diana Blank began to ramp up her philanthropy through what became known as the Kendeda Fund, drawing the name from her three children, Kenny, Dena and Danielle. Tapping into wealth derived from the Home Depot empire, which… Read More

Community Foundations Topical Call: Supporting Family Learning and Assessment

Posted on September 20, 2023 by Daria Teutonico

Intentional learning and right-sized assessment are hallmarks of effective philanthropy. Donors and foundations frequently ask such questions as: What impact have grantees had? Are we reasonable in our expectations of that impact? Are we making progress toward our goals and vision? Are we improving in our ability to govern and manage our work as a family? Community foundation staff often… Read More

Community Foundations Topical Call: Managing Fee-For-Service Philanthropy Advising and Consulting Work

Posted on September 6, 2023 by Ana Akhtar, J.M. Johnson, Colleen McCarthy Blair, Tony Macklin

The wealth management industry has steadily increased fee-based advisory services, complementing or entirely replacing income earned from assets under management. Two drivers of this shift are the competition from lost-cost investing options shrinking firms’ profit margins, and the interest of rising generations and mass-affluent clients in fee transparency. Community foundations have also been experimenting with fee-based advisory and grantmaking services,… Read More

Strategic Lifespan Peer Network: Insights from the Kendeda Fund

Posted on August 7, 2023 by David Brotherton, Dena Kimball, Anne Marie Toccket, Priscilla Enriquez, Glen Galaich

Every family foundation that has decided to sunset has a unique spend down journey. But every family foundation learns throughout that journey. The Kendeda Fund has committed to spending out the remainder of its assets and ending grantmaking operations by the end of 2023. Since their founder, Diana Blank, began her philanthropic journey nearly 30 years ago, Kendeda has worked… Read More

Sustainable Investing as Part of a 10-Year Spend Down at The John Merck Fund

Posted on August 7, 2023 by The John Merck Fund

When The John Merck Fund embarked on a 10-year spendout of its assets in 2012, the board aimed to maximize its grantmaking clout across four core program areas. The board also set another challenge: to finance the effort as much as possible with sustainable investments consistent with the Fund's philanthropic mission—and, what’s more, to do this without sacrificing market-rate returns… Read More

Unlocking the Power of DAFs

Posted on July 13, 2023 by Betsy Erickson, Arabella Advisors

This paper explores tactics DAF-holders can use to combat stagnation and overcome the barriers—both psychological and structural—that are holding them back, enabling them to put their charitable dollars to work and fulfill the expectations of their roles as funders… Read More

Effective Family Philanthropy: The Eisner Foundation

Posted on June 5, 2023 by Wendy Paris, Inside Philanthropy

The Eisner Family EFL Sky Bet League 1 match between Portsmouth and Shrewsbury Town. From L to R: Anders Eisner, Breck Eisner, Jane Eisner, Michael Eisner, Eric Eisner. Photo courtesy of the Eisner Family
The Intergenerational Philanthropy of the Eisner Foundation If there were a Disney film about family philanthropy, it might open with a scene from Michael Eisner’s childhood. The L.A.-based philanthropist, former chairman and CEO of the Walt Disney Company and former head of Paramount Studios before that, grew up sitting in on conversations about family giving during Thanksgiving in Vermont. After… Read More

Effective Family Philanthropy: The Compton Foundation

Posted on May 26, 2023 by Ade Adeniji

Here’s How a Longtime Family Foundation Fractured, and Shifted Gears for a Meaningful Final Act In 1894, Missouri native William H. Danforth founded what would become Ralston Purina Company as a balanced food production company for animals. The company revolutionized the feed business with the introduction of pelletized animal feeds. By the early 2000s, Ralston Purina had merged with Swiss… Read More