tag:blogger.com,1999:blog-3614581.post2156072706033631947..comments2024-03-28T03:11:22.839-07:00Comments on PHILANTHROPY 2173: The market of philanthropy advisersLucy Bernholzhttp://www.blogger.com/profile/09253941214286179394noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-3614581.post-37239717811804378822010-11-30T13:54:22.789-08:002010-11-30T13:54:22.789-08:00Wow, thanks Brad.Wow, thanks Brad.Lucy Bernholzhttps://www.blogger.com/profile/09253941214286179394noreply@blogger.comtag:blogger.com,1999:blog-3614581.post-14892020035925705752010-11-30T10:31:15.495-08:002010-11-30T10:31:15.495-08:00Lucy,
No extended comments today. This is a grea...Lucy,<br /><br />No extended comments today. This is a great post, period.<br /><br />Brad SmithBradford Smithhttp://www.foundationcenter.orgnoreply@blogger.comtag:blogger.com,1999:blog-3614581.post-15702287013120881342010-11-29T14:22:51.794-08:002010-11-29T14:22:51.794-08:00Josh
Thanks for writing in. In fact, your reminder...Josh<br />Thanks for writing in. In fact, your reminder makes me think it's time for a blog post about private foundations such as MacArthur doing what you describe. Others that I know of, in different guises, include Annie E Casey, Ford Foundation, and Gates. Pew Charitable Trusts - once a private Trust now a public charity - also does this. <br /><br />Thanks!<br /><br />LucyLucy Bernholzhttps://www.blogger.com/profile/09253941214286179394noreply@blogger.comtag:blogger.com,1999:blog-3614581.post-83177459911220813492010-11-29T07:29:01.118-08:002010-11-29T07:29:01.118-08:00Lucy: as you may know, MacArthur Foundation has an...Lucy: as you may know, MacArthur Foundation has an initiative called MacArthur Advisory Services which is intended to provide assistance to other donors in areas (programmtic and technical) where we have expertise and to connect donors to other resources (ncluding advisory firms) in the philanthropic field that may be better equipped to assist. This is a free service intended to address some of the questions you raise. More information can be found on our website under about the foundation. www.macfound.org. Josh Mintz (VP/General CounselJoshua Mintznoreply@blogger.comtag:blogger.com,1999:blog-3614581.post-51893817895926543082010-11-22T15:20:28.459-08:002010-11-22T15:20:28.459-08:00Lucy, so true that philanthropists are hungry to l...Lucy, so true that philanthropists are hungry to learn from their peers - and often find them more trustworthy. In the December 2010 edition of Alliance, Paul Shoemaker at Social Venture Partners (where I work) shares an opinion about the need for standards for the effective philanthropy that would elevate the field even more - and benefit the nonprofits they fund. <br /><br />Certainly at SVP we consider the actual on the ground experience of the engaged philanthropists in our network as informing the standards of what effective philanthropy looks like.<br /><br />-Sofia Michelakis<br />Program Director, SVP SeattleSofia Mhttps://www.blogger.com/profile/15419767675939539402noreply@blogger.comtag:blogger.com,1999:blog-3614581.post-24765059716678913812010-11-19T09:39:09.887-08:002010-11-19T09:39:09.887-08:00No doubt about it - the philanthropy advising spac...No doubt about it - the philanthropy advising space is as fragmented as the industry it aims to advise.Lucy Bernholzhttps://www.blogger.com/profile/09253941214286179394noreply@blogger.comtag:blogger.com,1999:blog-3614581.post-48467481673323930272010-11-18T17:24:46.011-08:002010-11-18T17:24:46.011-08:00Deep and thoughtful post. Thank you, Lucy. It seem...Deep and thoughtful post. Thank you, Lucy. It seems to me that there is a side of "philanthropy" in which farms, ranches, car dealerships, closely held stock, and other assets are turned into philanthropic capital, a side in which the philanthropic capital is managed as in a foundation, CLT, CRT or DAF, and a side in which it is disbursed. All three could fall under the phrase "philanthropic advisory services." In fact the three areas of expertise, and the business models associated with these three, are quite different. The professions associated with these three meet in separate rooms, read separate syllabi, and give little thought to the other two. How much time as Melisa Berman spent studying financial planning with charitable tools? Like zilch? And how much time do tax advisors spent on impact? Exactly zero. That is the state of "our" field.Phil Cubetahttp://www.gifthub.orgnoreply@blogger.comtag:blogger.com,1999:blog-3614581.post-40607929239594822462010-11-12T06:23:01.279-08:002010-11-12T06:23:01.279-08:00Lucy, your response about our expectation for phil...Lucy, your response about our expectation for philanthropy is a great blog post in itself! <br /><br />Your crowd vs. expert theory really resonated with me coming from the Social Venture Partner world. <br /><br />Thank you.Dallas Social Venture Partnershttps://www.blogger.com/profile/18223715148649989048noreply@blogger.comtag:blogger.com,1999:blog-3614581.post-37529993033517844722010-11-10T14:59:32.794-08:002010-11-10T14:59:32.794-08:00The future you are describing is one we're try...The future you are describing is one we're trying to create through the work of the Tutor/Mentor Connection.<br /><br />If enough of us connect on-line, and get our volunteers, students, alumni, parents, board members and current donors involved, we can create a weight of information that can be used by donors and advisers to support funding decisions in this sector.<br /><br />We're still far from this reality but you've described the possibilities.Tutor Mentor Connectionshttps://www.blogger.com/profile/02140800580077672326noreply@blogger.comtag:blogger.com,1999:blog-3614581.post-47448586637745159112010-11-10T09:39:05.883-08:002010-11-10T09:39:05.883-08:00Sigh. Thank you for writing in. However I think it...Sigh. Thank you for writing in. However I think it is a fallacy to equate anything you would describe as "crisis ridden" with "philanthropy" as a solution. Philanthropy is - by design - episodic, donor directed, temporal, fragmented, decentralized and disaggregated. Not what any people, society, institution, community should expect to be responsible in "crisis ridden" situations. <br /><br />I think our expectations of philanthropy have gotten way out of whack with what it can reasonably do. Not only because of the relatively small size of philanthropic assets (even when all counted as one pot) but because there is not a country on this planet that has designed a set of rules for philanthropy that makes it a set of resources that can be directed, organized, targeted, sustained, or relied upon over time. <br /><br />Depending on what you mean by "crisis," I'm afraid I think philanthropy is the wrong tool for the job. And no amount of estate planning or philanthropic leadership is going to change it - only changing the rules would change it.<br /><br />LucyLucy Bernholzhttps://www.blogger.com/profile/09253941214286179394noreply@blogger.comtag:blogger.com,1999:blog-3614581.post-22888174242670668402010-11-10T02:37:57.564-08:002010-11-10T02:37:57.564-08:00Planned giving and philanthropic leadeship are the...Planned giving and philanthropic leadeship are the need of the hour as many countries are crisis-ridden.ohana mediahttp://www.ohanamedia.orgnoreply@blogger.com