Panel moderator, the Chronicle of Philanthropy's Stacy Palmer (far left) guided a discussion on the future of philanthropy and fundraising with panelists Patrick Feeley of Caron Treatment Centers, Lauren Maher with the National Center for Family Philanthropy and Joe Suarez with Booz Allen Hamilton's Community Partnership program.
Here were some of my take-aways:
Corporate Foundations
More in my next post.....
a few gems about family foundations, the next generation of donors, storytelling, and more...
Here were some of my take-aways:
Corporate Foundations
- Corporate foundations involvement with nonprofits is usually self-serving. Nonprofits seeking to partner with corporate foundations need to align with their goals. (I think this is true of any donor to a nonprofit, don't you?)
- Nonprofits need to celebrate their TOTAL relationship with corporate foundations -- financial, volunteerism, their overall impact. Joe Suarez suggests nonprofits engage them beyond the transaction and offer them visibility.
- For many corporations their community partnerships include volunteerism. Meaningful volunteer experiences is rewarding to their employees. A company that facilitates and embraces such experiences have happier employees which translates into staff retention. Staff retention allows the company to remain competitive.
- Corporate foundations are investors. A nonprofit needs to convince them corporation that "they are the one." The nonprofit should be organized, have a plan, and a vision, and be able to articulate those things.
More in my next post.....
a few gems about family foundations, the next generation of donors, storytelling, and more...