When should funders commit to making multi-million dollar grants, and when should they take a more gradual, steady approach?
Risk speaks to our core human emotions of fear, hope, skepticism, and confidence.
How to start developing the policies and practices you need to manage risk.
How nonprofits and their funders can turn unexpected roadblocks into opportunities.
Funders need to view risk as a means for continuous learning.
To promote innovation, support risk. To promote risk, first build trust.
How to understand and manage the legal risks associated with a foundation’s programmatic work.
How to prepare your organization for the unexpected.
In the West, most wealthy entrepreneurs prefer to give to specific individual causes, by establishing their own foundation, family office, or donor-advised fund. Most Chinese entrepreneurs, by contrast, would rather work together and pursue philanthropy collectively.
Funders should be wary of the latest fad of making large grants for quick results and abandoning long-term commitments to the many organizations working on our most important problems.