Showing posts with label grantmaking. Show all posts
Showing posts with label grantmaking. Show all posts

Sunday, March 20, 2016

Rising Up: Hearing from the Next Generation of Changemakers

By: Natalie
Natalie, a 7th grader at Haven Middle School, is a participant in Allowance for Good's 2016 Spring Emerging Leaders in Philanthropy class in the Evanston location

The Evanston ELP class engaged in an activity.
How have you been a philanthropist in the past and how do you envision being one in the future? 

I feel very lucky that since fourth grade I have been a part of the Justin Wynn Leadership Academy. As a part of this, I have had the chance to do a lot of community service. In the past couple of years I have done many soup kitchens, volunteered at a retirement home, worked at a basketball tournament where the money goes to a good cause, and I have made holiday cards for kids in hospitals. In the future, I do see myself doing more but also for bigger causes. I am passionate about the issue of helping people in need. I believe that everyone should have their necessary daily needs met. For example, I have helped with food drives that go to people that don't have enough food. In the future I hope to help build homes for low income families. I can see myself not only helping the Evanston community but also helping others around the world. 

The Evanston ELP class listens carefully.

Wednesday, June 17, 2015

Philanthropy in Depth

By: Moira
Moira is a participant in our Emerging Leaders in Philanthropy: Changemakers class. 


In Emerging Leaders in Philanthropy: Changemakers, we have the ability to delve deeper into philanthropy. At our last meeting, we went into more detail about the grant-making process, an extremely important part of the health of nonprofit organizations. The grant-making process starts with a healthy grantor-grantee relationship which must be mutually beneficial. Secondly, we learned about the mechanics of the grant-making process. Specifically, we learned about Request for Proposals which are documents created by grantors that describe the possible funding opportunities. After this, grantees are able to submit their proposals about what they intend to do with the funds and then the grantor will decide which grantee to allocate their funds to. One interesting fact that we learned about the grantmaking process is that there is no singular correct way to go about it: each different grantor/grantee will do it differently. 
A second topic of our class was exploring and learning more about nonprofit governance and accountability. A nonprofit is accountable to the public since their goals have to do with improving quality of life for some sector of the public. Within individual non-profits, there are many people that help the organization stay on the right track. For example, the Board of Directors is a group of people that oversee the actions of the non-profit in order to ensure that they are staying true to their mission and values. Without these people, there would be no third person perspective that has the organization's best interests in mind which would have a detrimental effect on the organization. 

In class, we did an activity in which, as a group, we had to decide where to allocate funds to as if we were grantors. Some of the most important factors we looked for in organizations were transparency, accountability, financial health, and efficiency. It is important to consider these criteria because they will ensure that a grantor is giving to a non-profit organization that will be responsible with the treasure given to them. The idea of criteria for organizations to give to ties into being an educated philanthropist in order to effectively give your time, talent, and treasure. 


Monday, June 8, 2015

Grant-making on the Ground

By: Sadie
Sadie is a participant in the Emerging Leaders in Philanthropy: Changemakers class. 

This week in ELP we discussed creating mutually beneficial grantor-grantee relationships 
and expanded on the grantmaking process. So far, I have learned that the grantmaking process can be a hard but mutually beneficial for the grantor and grantee. Through a Request for Proposal or Letter of Intent, the grantor can identify the benefits or challenges involved in giving a grant to the grantee. Then, a grant application can further identify if giving the grant will be an efficient use of the money. The grantor can measure if there will be a mutually beneficial grantor-grantee relationship through these steps that help to measure the effect on the community the grantee will make with the money. 

We have learned that maintaining a mutually beneficial grantor-grantee relationship can ultimately lead to greater and stronger impacts on the community. Through communication, trust, and social impact, this relationship can become stronger. In our class this week, we had the pleasure of having Lauren Wolter from The Once Upon A Time Foundation speak and share her experience with us. The Once Upon A Time Foundation has three sectors; one of which is the Philanthropy Lab. The Philanthropy Lab organizes classes at several colleges and universities in which students are granted money that they can donate to an organization of their choice after learning about philanthropy. Similar to our learning at Allowance for Good, students are given the chance to learn about philanthropy and the grantmaking process and apply their learning to the real world. As a future college student, I think this is a great program to have because many students are unaware of the specifics of philanthropy and its impacts. As part of a foundation, we had the opportunity to hear Lauren’s perspective on the grantmaking process. She spoke of how grantmaking can truly be mutually beneficial and how that can benefit various communities. 

Because of my learning about the grantmaking process in Emerging Leaders in Philanthropy, I am now inspired to somehow be involved in the grantmaking process in the future. I am a catalyst for good because I think everyone deserves to have the same rights, resources, and opportunities as others and non-profit organizations and grantmaking is a way to bring this to action in my future. In the meantime, I will continue to educate myself and others on philanthropy and global change so that I can apply this knowledge in the future along with my peers.



Thursday, March 12, 2015

Lessons from Foundation Leaders

By: Will
Will is a participant in Allowance for Good's Winter 2015 Emerging Leaders in Philanthropy: Explorers class.

This week at ELP, we were lucky enough to talk to a few leaders in the philanthropy world today. Two members of the McCormick Foundation and one from the Jack Miller Family Foundation joined us to discuss their work. We learned the origins of each group, and what they strive to fix through their philanthropy. Programs run by the groups varied immensely, and the speakers were passionate while discussing the diverse initiatives focused on Judaism  medical research, civics, education, democracy, aid for veterans, and more.

As students, it was interesting to hear from two separate foundations each trying to give meaningful grants. The McCormick Foundation is substantially larger than the Jack Miller Family Foundation, but both groups utilized similar grant-making policies. Personally, it was unexpected to hear just how driven each group was by their founders. For the McCormick foundation, they are still driven by the values from about 150 years ago. Jack Miller, who is still alive today, also plays a large role in crafting his foundation’s initiatives. 

Later in the class, we were invited to ask a few questions of our panel. I asked the first question, which was definitely a tough one to answer. I inquired as to how their foundations measure the success of their grants after giving them. The answers varied, but provided nice insight into how decisions are made in foundations. Suzanne Knoll from the Jack Miller Family Foundation noted that their group attempts to give grantees the tools to measure success on their own. They also try and use any quantitative data available to find the impact of the programs. The representatives from the McCormick Foundation also commented on the difficulty of analyzing success in philanthropy, and what their efforts have been. 

There were a few more questions posed before the end of class. For example, one student asked which of the programs each panel member was most proud of. The unique answers displayed their passion for helping others, and some background for what drives them. Unfortunately we ran out of time a tad early, but the chance to hear from these friendly and intelligent guest speakers was amazing. A friend and I also got to ride down in the elevator with one of the speakers, so it was nice to speak a little bit longer with him. I loved getting to know the philosophy behind each foundation’s work, and I’m looking forward to next week’s class.

Will writes, "I am a Catalyst for Good because everyone deserves the right to be their own catalyst."

Thursday, April 24, 2014

Learning Abound with Young Changemakers

By: Turner
Turner is participating in Allowance for Good's inaugural Emerging Leaders in Philanthropy: Changemakers program.

In the past few weeks in ELP Changemakers we have delved deeper into the grant making process and learned about grantor-grantee relationships and what a board of directors is/does.

It is important to maintain a mutually beneficial grantor-grantee relationship because the grantor can give the grantee access to their network of organizations that can give the grantee advice and other connections to get money from. The grantor can also give the grantee a place to come for the money they may need to support their projects.

A board of directors governs a nonprofit. The board of directors oversees the nonprofit and helps make decisions on what the organization should and should not do. The board of directors helps ensure that the organization is using its funds in the best ways possible and in the ways that accommodate the needs of the organization as well as it can. The board’s most important job is to govern and provide direction for the organization to develop its projects well. The board also helps ensure the effectiveness of the organizations planning.

I could see myself being a board member for an organization that I volunteer at frequently when I am an adult. The board members help make very important decisions for the nonprofit and I would like to be able to help an organization I care for in the future in that way.


I have enjoyed learning about grant reports the most about the grant making process.  Grant reports are a follow up that the nonprofit gives to the grantor after using the money from a grant. Some of the things that are answered in a grant report are what the project that the grantee spent the grant on was, how the organization achieved its objectives, and what the nonprofits challenges were. The grant reports allow the grantor to know a little about how the project went to help them decide whether their money was used well and if they should consider giving money to that nonprofit in the future. 
"I am Turner and I give my time because I enjoy helping those who need it."

Friday, April 11, 2014

AfG Youth Empowered to Make Change

By: Nina
Nina is participating in Allowance for Good's inaugural Emerging Leaders in Philanthropy: Changemakers program.

Throughout the past few sessions of the ELP: Changemakers program, I have been exposed to a variety of components of the grantmaking process. In class thus far, we have covered aspects such as what makes up a non-profit (executive director, founder, board of directors, advisors, etc.), the relationship between grantors and grantees, what factors grantmakers have to take into account when awarding a grant to a non-profit, and what kinds of documents must be filled out for grantees when applying for a grant.

As a part of our weekly sessions, we have had the opportunity to look at actual grant applications, and to answer the questions posed on the application form as representatives of a real-life non profit organization. In order to help us understand what RFPs, or Requests for Proposals, which a non-profit typically fills out in order to get a certain amount of money from a foundation or other organization, such as the government, are, we created our own proposals and had a couple of members of Allowance for Good's Advisory Council give us feedback. We also had the chance to act as grantors, and write a recommendation for a non-profit worthy of a grant. These activities have all helped me gain a deeper understanding of what I think is the hardest part of having a non-profit: making sure that it functions efficiently and with the greatest impact.

For me personally, what I think are the most surprising and challenging components of the nitty-gritty aspects of non-profit long term impact and success is a) how much a person needs to know about the organization and b) how much information needs to be taken into account in the grantmaking process. You have to be able to not only talk about your organization's successes, but also its failures and how those failures have been fixed. I have learned that there is a lot more that goes into the finer aspects of what keeps an organization running smoothly, and it is not as easy as it seems. The knowledge that I have gained during this class will allow me to become a better philanthropist as I continue to work with Allowance for Good and other organizations, because it has prepared me to think about how to help a non-profit organization continue to have the greatest impact. Armed with these skills, I feel more empowered to have the ability to make a change.
Nina, left, and Zoe pose for the camera during the 2013 Global Philanthropy Summit.

Monday, November 25, 2013

Celebrating Our Growing Cohort of Emerging Leaders in Philanthropy

By: Clarkie
Clarkie has volunteered with Allowance for Good for over two years and serves as an advisor to our educational programming.

It has been an honor to co-lead the Autumn 2013 session of Emerging Leaders in Philanthropy. Throughout the past ten weeks, we have explored all things philanthropy -- from the philanthropic landscape to international development and non-profit accountability. We discussed individual giving, corporate philanthropy, and the different types of foundations. Our students listened -- and asked thoughtful questions -- to speakers from the field: Stephanie Denzer, from our partner Spark Ventures; Sharmila Rao Thakker of The Siragusa Foundation; Sejal Shah-Myers of The Springboard Foundation; Jenny Daugherty of AbbVie; and Maya Cohen of GlobeMed. On October 30, we attended a talk by Princeton professor of Bioethics, Peter Singer; as leaders, we were especially impressed by the critical way our ELP students responded to his opinions on effective altruism.

Moving forward, our students are going to work together on their own philanthropic project to increase awareness of Allowance for Good, share their newly developed knowledge with their peers, and raise funds to send to our partner Spark Ventures in Twapia, Zambia. The ELPers will use the skills they have learned and the ideas sparked from our weeks together in the classroom to develop ideas and execute what we have faith will be an informative and successful project. I cannot wait to follow their progress, and we look forward to sharing their project with our AfG family. 


Our group is filled with engaged learners and future philanthropic leaders. They understand what it means to be a global citizen and are true AfG Catalysts. We hope they will continue exploring and asking questions as emerging leaders and are excited to announce that they will have the opportunity to keep learning with Allowance for Good in our Emerging Leaders in Philanthropy second level course. In ELP Level 2, we will delve deeper into non-profit organizational structure, grant making, the relationships between grantee and grantor, and assessing the good governance of non-profits. ELP level 2 will be offered in the Spring.

Members of our second cohort of Emerging Leaders in Philanthropy with their certificates in Global Philanthropic Leadership. 

Thursday, October 31, 2013

Delving Into Venture Philanthropy


By: Orleana
Orleana is participating in Allowance for Good's autumn 2013 Emerging Leaders in Philanthropy program.

Last Thursday at ELP, we discussed venture philanthropy. Venture philanthropy is defined as the utilization of techniques from venture capital finance and business of management, combining them to achieve philanthropic outcomes through business world means.  Essentially, venture philanthropy is the financial support of new, non-profit organizations/potentially risky social ventures with promise or a significant goal in mind that requires aid to be recognized. Venture philanthropy allows these young organizations to mature and ground themselves, hopefully achieving self-sustainability after a set amount of years. 

Venture philanthropy is focused around providing financial support for and promoting small, new or underfunded organizations. Venture philanthropy enables emerging nonprofits to flourish through the giving of grants over a period of time. Both old and new organizations apply to receive grants, which, after an inspection by the organization supplying the grants, are given yearly for a certain number of years.

This week we had a great guest speaker, Sejal, come to class to discuss her work with The Springboard Foundation, a volunteer run group that supplies grants to beginning nonprofit organizations, with a focus on after school programs.  While affiliated with a variety of organizations, (having worked in the nonprofit field for the last fourteen years) Sejal is currently the Managing Director of the Springboard Foundation, and during Thursday’s class explained the goals of the Foundation and described its interactions with other nonprofits.

What I thought was one of the more interesting points in our discussion about The Springboard Foundation was its careful maintenance of the organizations they supply grants to. They check in with the organizations to see that the money they give is being spent productively, and making a successful change in the program. The Springboard Foundation definitely puts a lot of time and effort into getting emerging nonprofits running steadily, and I think that making sure the grants that they give are being used to get the maximum results is really important.

Near the end of class, we carried out a group activity where the class split into groups to create our ‘own’ venture philanthropy based foundations. We discussed prospective foundation names, goals, statements, and fiscal requirements, and each group presented our finished results at the end of class. While our projects were pretty small scale, they really made me appreciate all of the planning and hard work that goes into venture philanthropy, (though that could be said about any philanthropy), and the people and volunteers who come together to make it run so that other nonprofits can flourish.
Orleana, bottom right, listens to an ELP guest speaker during the Thursday night class.



Friday, October 25, 2013

Millennials Want Companies That Encourage Philanthropy


By: Turner
Turner is participating in Allowance for Good's autumn 2013 Emerging Leaders in Philanthropy program.

At our last ELP meeting we talked about corporate philanthropy. Corporate philanthropy is a way for companies to give back to the community and their employees. At our meeting I learned a lot of things I didn’t know about corporate philanthropy and how some companies help their customers too. Corporate philanthropy is also used within companies to inspire their employees to help others.

During our session we talked about how corporations give back to their employees and customers. And we talked about some of the different ways companies can be philanthropic. Some of the ways companies are philanthropic are that some give their employees days off to do philanthropic work and get paid for it as a regular workday. Some companies will match the donations of their employees if they donate to an organization and encourage them to donate. We also talked about how the most effective way for companies to encourage their employees to help with philanthropy is by donating to a cause that their employees care about. Some companies even let their employees vote on where to donate. I think that it is nice of corporations to give back because it shows that they really care.

We had a wonderful guest speaker this week named Jenna Daugherty from AbbVie, which is a medical supply company. Jenna is the leader of AbbVie’s civic engagement in the community and she also helps to lead strategic projects on behalf of executive management.  At our meeting Jenna talked about corporate philanthropy with us, and the many different types of corporate philanthropy that AbbVie is involved in. For example, they give away free medicine to some of their customers who are in need.  I found it very interesting and was very inspired to hear that some large companies like this are willing to give away their supplies to people who ask for them and it has encouraged me to want to be a philanthropist throughout my whole life.

In the future I am hoping to work at a company that encourages philanthropy in their employees.  After this meeting I learned that companies can be very nice to their employees and get involved in helping causes that they want.

Thursday, October 17, 2013

Opening Eyes to New Ways of Giving


By: Clara
Clara is participating in Allowance for Good's autumn 2013 Emerging Leaders in Philanthropy program.

This past week at ELP, we had a really inspiring talk about how to give back and make a difference.  I learned a lot about foundations and how they connect those who want to help others with those who need help. We learned about family foundations, as well as about corporate foundations.  These organizations, as well as the individuals involved in them, make a huge difference in the lives of those in need.

During our session, we talked a lot about the reasons for giving back. I feel that giving back is our way of showing that we are thankful for the resources we have, such as health and education. In the past, I have tried to give back as much as possible through volunteering to help people and organizations in need.  However, our discussion opened my eyes to all the ways people can help others.

One way is you can help to start or get involved in a family foundation. I really like this idea and thought it was interesting because it is something you can do with your family. Family foundations tend to focus on issues that mean a lot to them. I think that knowing and acting upon your personal values is very important and family foundations are a key point in doing this.

This week at EPL, we had a very inspiring guest speaker who helped educate us about family foundations. We were very fortunate to have Sharmila Rao Thakkar, who told us about both the family foundation she works and also about how family foundations work in general. Sharmila Rao Thakkar has been working in non-profit for 17 years and she is currently the eyes and ears of the foundation staff at the Siragusa Family Foundation. She really opened up my mind to the possibilities and advantages of working with family foundations. It was amazing to hear (especially from someone who has worked with non-profits for so long) that I can actually make a difference in a community or in the life of an individual, despite the fact that I am only one person. Sharmila is personally opening up doors that lead to opportunities for giving back in our community.

In the future, I am looking forward to learning more about all the different and unique ways I can give back both big and small.  I have learned the difference between temporarily fixing a problem and finding a permanent solution. I am looking forward to being exposed to all the different kinds of solutions that I can personally help to construct and develop in the future!

Monday, April 22, 2013

Grantmaking and the Foundation Landscape Reflection

On Wednesday, April 3, 2013, Allowance for Good began its newest program, Emerging Leaders in Philanthropy: A Student Seminar Series. Chicago-area youth are invited to participate in a weekly seminar to learn more about the global philanthropic sector and how they have the power to be philanthropists and agents for change.

Grace reflects on our third session, focused on Grantmaking and the Foundation Landscape.

This week at Allowance for Good we went to the Evanston Public Library. When we first got there we started to talk about the story we had read for homework. It was called Alex's Lemonade Stand. This story was about a young lady with childhood cancer. After she got out of the hospital she started this stand. She made lemonade and sold it for 50 cents a cup. This story got us talking about what we can learn from her work about the power of spreading a movement. When talking about this one of the key points we brought up was even though she was young and is now dead her project is still raising money so that other children like her will not need to share her fight.  We also talked about how she was so passionate and if she had not felt so strongly about this it would not of gotten very far at all. She was also very outgoing because she wanted this more then someone might want a new phone. She wanted this because she wanted to be a hero for herself and for many others. After we had talked about this for some time we went off by ourselves and thoughts about what we would do if we had a hunk of money, meaning what would we donate it to, how would we spread it out, how would we raise it, and other things around theses lines. After we did this we shared our ideas and then headed down to the arts and crafts center. When we got there we each got a little canvas and some paint. We then painted them how ever we wanted and donated them. Each one was different a special.