Philanthropy is often described as society’s “risk capital.” Private generosity can support causes and ideas that business and government agencies cannot or will not. However, the idea of risk in philanthropy quickly muddies as we direct our generosity through a family foundation, donor-advised fund, or other collective effort. Our ideas about - and tolerance for - risk diverge, shaped by individual, family branch, professional, and other experiences. This webinar, featuring tips from NCFP’s new Passage Issue Brief on this topic and the Case Foundation’s “Be Fearless” campaign to ignite a more fearless approach to change making, provides practical tools for generous families that want to assess, tame, and mitigate philanthropic risk and expand their comfort zone to embrace increased uncertainty in their grantmaking strategy.
Featured speakers
The Case Foundation, created by digital pioneers Jean and Steve Case, is a diverse and dynamic institution by design. It creates programs and invests in people and organizations that harness the best impulses of entrepreneurship, innovation, technology and collaboration to drive exponential impact. The foundation's partners are changemakers with ideas that have transformative potential and can lead Case to uncover new, more impactful ways of addressing chronic social challenges
Tony Macklin, a Chartered Advisor in Philanthropy®, consults with donor families, grantmakers, and their advisors about purpose, use of resources, action planning, and learning. As executive director of the Roy A. Hunt Foundation, he facilitated changes in visioning, impact investing, grantmaking, trustee education, and back-office management. In twelve years at the Central Indiana Community Foundation, he led grantmaking initiatives, advised wealthy donors, attracted $39 million, and launched a social enterprise. Tony currently serves as program manager for the NCFP's Community Foundations Family Philanthropy Network. He also serves as a senior advisor to the Impact Finance Center, peer reviewer for The Foundation Review, and trustee of Awesome Boulder.