Comments on: Audacious Ideas: Jim Canales http://www.tacticalphilanthropy.com/2010/07/audacious-ideas-jim-canales Fri, 09 Dec 2011 20:42:38 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Geri Stengel http://www.tacticalphilanthropy.com/2010/07/audacious-ideas-jim-canales/comment-page-1#comment-9397 Geri Stengel Wed, 21 Jul 2010 00:02:25 +0000 http://www.tacticalphilanthropy.com/2010/07/audacious-ideas-jim-canales#comment-9397 A couple of weeks ago I attended the Social Impact Exchange conference on scaling (http://socialimpactexchange.org/conference2010.cfm). Based on insight from the conference, I would add to your list take the “lead investor” role. In the for profit world, the venture capital company that originates and structures a syndicated deal is called the lead investor. A foundation that spots a promising nonprofit could play a similar lead role and introduce the nonprofit to other funders. A couple of weeks ago I attended the Social Impact Exchange conference on scaling (http://socialimpactexchange.org/conference2010.cfm). Based on insight from the conference, I would add to your list take the “lead investor” role. In the for profit world, the venture capital company that originates and structures a syndicated deal is called the lead investor. A foundation that spots a promising nonprofit could play a similar lead role and introduce the nonprofit to other funders.

]]> By: Jim Canales http://www.tacticalphilanthropy.com/2010/07/audacious-ideas-jim-canales/comment-page-1#comment-9395 Jim Canales Tue, 20 Jul 2010 01:56:29 +0000 http://www.tacticalphilanthropy.com/2010/07/audacious-ideas-jim-canales#comment-9395 Thank you for taking time to offer a comment, Terri. Your suggestion about partnerships is right on target. The challenge before us is how we can go about creating the conditions that foster such authentic and mutually supportive partnerships. We'd all benefit from strategies and approaches used successfully by either grantmakers or grantees. Thanks. Thank you for taking time to offer a comment, Terri. Your suggestion about partnerships is right on target. The challenge before us is how we can go about creating the conditions that foster such authentic and mutually supportive partnerships. We’d all benefit from strategies and approaches used successfully by either grantmakers or grantees. Thanks.

]]> By: Terri Forman http://www.tacticalphilanthropy.com/2010/07/audacious-ideas-jim-canales/comment-page-1#comment-9394 Terri Forman Mon, 19 Jul 2010 18:51:30 +0000 http://www.tacticalphilanthropy.com/2010/07/audacious-ideas-jim-canales#comment-9394 Dear Jim, I applaud the commitments your recommend and add one other--partnership. Just as the grantees need the financial investment of the grantmakers, the grantmakers need the grantees to manage their investments for the optimum return in people's lives improved, communities made more sustainable, arts more innovative, science more effective, and so on. Rather than it being a matter of where the power lies, there should be recognition that each needs the other to be successful--a true values exchange. This brings all parties to the table with mutual respect, a willingness to listen to how to truly be effective, and ongoing communications throughout the funding process and during the lifetime of the grant--perhaps beyond that if the grantee can be a resource to the grantmaker and become part of its braintrust to help and advise on its mission fulfillment going forward. This would truly balance the equation and encourage best thinking, dynamic engagement and creativity, rather than conforming and compromise. Terri Forman, CFRE Dear Jim,

I applaud the commitments your recommend and add one other–partnership. Just as the grantees need the financial investment of the grantmakers, the grantmakers need the grantees to manage their investments for the optimum return in people’s lives improved, communities made more sustainable, arts more innovative, science more effective, and so on. Rather than it being a matter of where the power lies, there should be recognition that each needs the other to be successful–a true values exchange.

This brings all parties to the table with mutual respect, a willingness to listen to how to truly be effective, and ongoing communications throughout the funding process and during the lifetime of the grant–perhaps beyond that if the grantee can be a resource to the grantmaker and become part of its braintrust to help and advise on its mission fulfillment going forward.

This would truly balance the equation and encourage best thinking, dynamic engagement and creativity, rather than conforming and compromise.

Terri Forman, CFRE

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