Delusional Altruism by Kris Putnam-Walkerly
Author:Kris Putnam-Walkerly [Kris Putnam - Walkerly]
Language: eng
Format: epub
ISBN: 9781119606048
Publisher: Wiley
Published: 2020-03-24T00:00:00+00:00
Make sufficient investments in your grantees' infrastructure, organizational capacity, and long-term planning. This might include providing multiyear funding, paying for the true costs of running programs, and offering core operating support. You can learn more about these approaches and others in Chapter 11, “You Transform Lives.” It does no one any good if your grantees don't have enough funds to operate efficiently and to effectively pursue their mission and goals.
Support the competition. There's generally not a lot of “competition” in philanthropy, but there is in business. Corporate funders express an abundance mind-set when they invest in projects regardless of whether that investment also helps their competition. For example, when Blue Shield of California ended the year with a surplus, it created a $20 million grantmaking program to support accountable care organizations at 18 California hospitals, health systems, clinics, and physician organizations. They celebrated the fact that it would benefit even their competitor insurance companies. They had their eyes on the prize of serving underserved populations, reducing health care costs, and enhancing the quality of care.5
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