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Blogs continued Social Edge www.socialedge.org/blogs/ A collection of blogs by and for social entrepreneurs can be found at this SKOLL FOUNDATION project, headed by Victor D’Allant. Social Entrepreneurship socialentrepreneurship.change.org NATHANIEL WHITTEMORE’s blog at change.org. Stanford Social Innovation Review Opinion Blog www.ssireview.org/opinion/ SSIR’s forum for leading thinkers on civil society, philanthropy, program effectiveness, and more. Tactical Philanthropy www.tacticalphilanthropy.com Sean Stannard-Stockton discusses philanthropy and chronicles “The Second Great Wave of Philanthropy.” Uncivil Society uncivilsociety.org By JEFF TREXLER, Wilson Professor of Social Entrepreneurship at Pace University. VA£U€$ www.philanthrocapitalism.net MATTHEW BISHOP and MICHAEL GREEN are co-authors of Philanthrocapitalism: How the Rich Can Save the World. White Courtesy Telephone postcards.typepad.com/white_ telephone/ News, opinion, and commentary from inside the Third Sector, by Greater New Orleans Foundation President, ALBERT RUESGA. Wise Philanthropy wisephilanthropy.blogspot.com RICHARD MARKER, senior fellow in philanthropy at NYU’s Heyman Center for Philanthropy and Fundraising, facilitates a conversation about current issues in the donor and funder community. Online Reports New Realities, New Opportunities: Impact, Transparency, and Diversity As foundations grapple with the effects of the economic crisis on their endowments, their grantees, and society at large, the need to measure impact and performance in meeting urgent needs comes into sharper focus. Of the thousands of reports published and/or funded by foundations in 2009, we highlight here a selection of publications that address the issues of impact, transparency, and diversity (see inset). New Financial Realities: The Response of Private Foundations (Commonwealth Fund) surveys the damage to foundation endowments, offers lessons learned in endowment management, and considers the implications for spending plans and program strategies — especially for perpetual social improvement foundations such as the Commonwealth Fund that must work closely with grantees to design projects likely to produce results and to communicate those results to policy audiences. How, then, should foundations measure impact? Breakthroughs in Shared Measurement and Social Impact (FSG Social Impact Advisors) considers an array of shared measurement platforms, comparative performance systems, and adaptive learning systems that enable social enterprises not only to measure outcomes and report performances across multiple organizations but also to coordinate their efforts. Doing Good Today and Better Tomorrow: A Roadmap to High Impact Philanthropy Through Outcome-Focused Grantmaking (William and Flora Hewlett Foundation) discusses lessons learned about designing a portfolio of grants to ensure maximum impact as well as its challenges, including a lack of data, complex modeling requirements, and hardto-quantify value judgments. What makes an organization strategic? In Essentials of Foundation Strategy, the Center for Effective Philanthropy explores the defining characteristics of strategic foundation leaders: an external orientation to their decision making and a focus on logical connections between resource use and achievement of goals. The James Irvine Foundation and the Robert Wood Johnson Foundation have been developing their own measurements for organizational performance, as seen in their 2008 Assessment Report (Robert Wood Johnson Foundation) and 2008 Annual Performance Report (James Irvine Foundation), respectively. Grantee perception reports represent one external indicator of organizational performance, and Aiming for Excellence at the Wallace Foundation: Update (Center for Effective Philanthropy) highlights improvements in the Wallace Foundation’s grantee relationships following changes made based on an earlier grantee perception report. If publicly reporting on program effectiveness and assessments by grantees and experts are essential elements of transparency, diversity increasingly is seen as an essential element of program effectiveness. In Diversity in Action: Strategies With Impact (Rockefeller Philanthropy Advisors; Council on 58 | Philanthropy Annual 2009
Online Reports continued Foundations), essays by foundation executives and trustees explore the outcomes of diversity and inclusiveness efforts, strategies, and lessons learned. Foundation Diversity Policies & Practices Toolkit (California Endowment) shares diversity statements, common principles, and promising practices for integrating diversity policies into grantmaking and other practices and strengthening engagement with social justice issues. Given the new realities, the need to measure and communicate impact, strive for transparency, and promote diversity is likely to grow in 2010 and beyond — a tremendous opportunity, as well as a responsibility, for foundations. Visit PubHub at http://foundationcenter.org/gainknowledge/pubhub/ GO Sharing Knowledge to Build a Better World You can access many other interesting reports published in 2009 at PubHub, the Foundation Center’s online catalog of annotated links to annual reports, case studies, issue briefs, literature reviews, program evaluations, research reports, surveys, and toolkits published and/or funded by U.S. foundations. And now you can comment on those reports and share your insights. If you have a report to recommend, please let us know via the “Submit a report” link or at pubhub@foundationcenter.org. PubHub Reports: Foundation Practice Aiming for Excellence at the Wallace Foundation: Update Published by: Center for Effective Philanthropy Funded by: Wallace Foundation 2008 Annual Performance Report Published by: James Irvine Foundation 2008 Assessment Report Published by: Robert Wood Johnson Foundation Breakthroughs in Shared Measurement and Social Impact Published by: FSG Social Impact Advisors Funded by: William and Flora Hewlett Foundation Diversity in Action: Strategies With Impact Published by: Rockefeller Philanthropy Advisors; Council on Foundations Funded by: Charles Stewart Mott Foundation Doing Good Today and Better Tomorrow: A Roadmap to High Impact Philanthropy Through Outcome-Focused Grantmaking Published by: William and Flora Hewlett Foundation Essentials of Foundation Strategy Published by: Center for Effective Philanthropy Funded by: David and Lucile Packard Foundation, Robert Wood Johnson Foundation, W.K. Kellogg Foundation, William and Flora Hewlett Foundation Foundation Diversity Policies & Practices Toolkit Published by: California Endowment How Public Is Private Philanthropy?: Separating Reality From Myth Published by: Philanthropy Roundtable Funded by: Searle Freedom Trust New Financial Realities: The Response of Private Foundations Published by: Commonwealth Fund Media Review | 59
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