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Explore the power of philanthropy and how partnering can create a positive impact. Discover the drivers for giving, transformational approaches, and the importance of big ideas and productive partnerships.
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Making Big Ideas Work:Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012
Philanthropy Based in values Development Uncovers shared values Fund Raising Gives people opportunities to act on their values
Drivers for Giving • Among very high net worth US givers (sample of 264) the following were the principal drivers for their philanthropy: • 70% = personal values • 36% = faith • 35% = sense of obligation or duty • 32% = family legacy • 31% = to add value to society
Philanthropy: Robert Payton • All voluntary action for the public good • Giving, asking, joining, serving • Based in values
From Transaction to Transformation The most important philanthropic journey
Transactional Bell Curve: The Way We Have Approached Donors High Impact Philanthropy Kay Sprinkel Grace, Alan Wendroff
Transformational Infinity Loop:The New Approach High Impact Philanthropy Kay Sprinkel Grace, Alan Wendroff
Powering the Journey • 1. Having (or finding in the community) a big idea – a dream – that will inspire new donor investors and new volunteers • 2. Creating, through your leadership, the productive partnerships that will support the fulfillment of the dream
What Is a BIG IDEA? Exploring your origins A look at others
The Five “I” Analysis of Giving • A series of interviews with donors ranging in age from 28 to 74 who had just made their first 7-figure gift, revealed what they were looking for in their giving and in stewardship: • Issues • Impact • Investment • Involvement • Innovation/Ideas • High Impact Philanthropy, Grace and Wendroff, 2001
From Vicki Spruill, Council on Foundations • “A lot of conversation (at the White House Conference) was about catalyzing innovation at this critical moment in time when needs so outweigh what any of us individually can solve. How can philanthropy work with government and other partners to take risks, to identify solutions, to catalyze change, to pilot innovative ideas?”
Psychic Poverty • A feeling of scarcity, rather than abundance. • Afflicts donors at all levels • Afflicts organizations and is reflected in their messages • People (and organizations) are honestly worried about the future, but they need to see the safety and importance of their investment in your work
Melinda Gates • I am an “impatient optimist.” • As all of us should be!
So, How Impatient Are Philanthropists? • Those attending the Forbes philanthropy conference revealed what they expect in investment pay off: • 44% said they looked for results in less than 10 years • 33% said 10 – 19 years • 15% said “beyond a lifetime” • 9% said 20 years
Partnering for Impact • Very high net worth individuals think we should partner to increase our impact. They do. Here’s how they partner: • 1. 40% partner with businesses • 2. 28% partner with other nonprofits • 3. 22% partner with government agencies • 4. 7% partner with other private funders
Why is Money Not Moving Out into Our Communities? The 21st Century Paradox
For Want of an Idea…. A story of (temporarily) lost opportunity
Partnering for Philanthropic Impact • “All who think cannot but see there is a sanction like that of religion which binds us in partnership in the serious work of the world.” Benjamin Franklin
Aligning to Our Common Vision The critical role of vision in dreams and partnerships
The Power Equation • Big idea (dream) + Partnerships = Community Investments
Transformation of Leadership • “In the past a leader was a boss. Today’s leaders must be partners with their people..they no longer can lead solely based on positional power.” Ken Blanchard
Primary Function of Philanthropy The development of long term partnerships to achieve community vision
Seven Ways to Engage Your Boards • 1. Grow their leadership • 2. Engage them in a common vision • 3. Encourage them to become impatient • 4. Be respectful stewards • 5. Tell them how important it is to listen • 6. Encourage them to risk • 7. Give them time to dream
Closing Thought • “The future belongs to those who believe in the beauty of their dreams.” Eleanor Roosevelt • And I would add to that: “…and to those who form partnerships to ensure the fulfillment of those dreams.”
Making Big Ideas Work:Philanthropic Partnering for Positive Impact Kay Sprinkel Grace www.kaygrace.org kaysprinkelgrace@aol.com