HOW DO WE DEVELOP A GIVING STRATEGY?
Rising Tide Foundation
With so many demands on your foundation's resources, it's difficult to know how to focus your grant making. Where can your grants have the most impact? Which organizations are most worthy of your support? Should you give smaller grants to many organizations, or larger grants to just a few? Addressing these questions begins with a process that addresses donor intent, helps clarify the foundation's values, sets goals and objectives, and puts into place a strategic plan for carrying out your mission.
RISING TIDE FOUNDATION:
The Rising Tide Foundation is an international foundation founded in 2010 to support education, public policy, and cancer research. It aims to promote causes which increase opportunities available for individuals in need, in effect “placing the ladders upon which the aspiring can rise.”
As a newer foundation that wanted to ensure its funds were being distributed in a fully strategic manner, the Rising Tide Foundation contacted American Philanthropic to deliver educational training to its board members and directors. The foundation’s leadership needed to have a good grasp of the philanthropic landscape in order to craft an effective strategy and grant portfolio, and to assist their grantees in becoming self-sufficient over the long term.
American Philanthropic worked closely with foundation staff to develop a clear understanding of the issues the foundation intended to address, then delivered a presentation on best practices for strategic giving based on carefully researched case studies of several comparable foundations. American Philanthropic continues to provide ongoing education and support for the foundation.
- Daylong consultation on the principles of effective philanthropy.
- Strategic goal-setting.
- Identification of potential funding partners.
- Assistance securing or recovering donor intent.