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2014 CEO Breakout Session. February 26, 2014. Other community foundations in region Law firms, accountants, wealth managers Philanthropic advisory services (Arabella) Large non-profit anchor institutions (universities, hospitals, cultural institutions) - PowerPoint PPT Presentation
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2014 CEO Breakout Session
February 26, 2014
ISSUES THAT IMPACT ON FOUNDATION'S EFFECTIVENESS?
No Impact/ Slightly importantNeutral
Important/ High Impact
Implementing effective community leadership 7.2% 10.7% 82.2%
Rapidly changing technology 7.1% 14.3% 78.6%
Competitive environment 0.0% 22.2% 77.7%Demographic changes 7.1% 17.9% 75.0%
Landscape for infrastructure support to the field 7.1% 35.7% 57.1%
Nonprofit sector management issues 14.3% 42.9% 42.8%
Other: Important or high impact (N=2)
Leadership and ownership of npos by communities of color
Improving business practice of npos
What is your chief competition for asset development?
None/ Low Neutral Some High
Other 0.0% 0.0% 44.4% 55.6%
Commercial gift funds 3.6% 3.6% 50.0% 42.9%
Private Foundation model 17.9% 10.7% 28.6% 42.9%
Financial institutions 7.1% 14.3% 50.0% 28.6%
Family offices 14.3% 14.3% 57.1% 14.3%
The United Way 51.8% 11.1% 37.0% 0.0%
# DAFs DAF Gifts DAF Grants DAF Assets
DAFs held by "National Charities" N=47
100,614 $6.53 B $3.37 B $18.88 B
DAFs held by Community Foundations N=603 60,051 $4.28 B $2.78 B $18.26 B
DAFs held by Single Issue Charities N=357 40,966 $2.91 B $2.48 B $8.21B
2012 Data from Natiional Philanthropic Trust2013 Donor-Advised Fund Report
Sampling of National Charities2012 990 Data
DAFs as % of assets Number DAFs
Aggregate DAF Contributions
Aggregate DAF Grants Aggregate DAF Assets
Fidelity Investments Charitable Gift Fund 99.20% 54,880 $ 3,281,460,447 $ 1,281,335,916 $ 7,557,458,242
Vanguard Charitable Endowment Program 99.65% 8,059 $ 870,679,927 $ 476,680,954 $ 2,754,820,865
Schwab Charitable Fund 99.66% 15,201 $ 699,296,466 $ 539,167,969 $ 3,164,907,581
National Philanthropic Trust 99.02% 2,007 $ 276,452,481 $ 150,807,081 $ 1,149,585,760
Bank of America Charitable Gift Fund 99.42% 1,384 $ 124,744,704 $ 119,307,132 $ 426,019,668
Subtotal 81,531 $ 5,252,634,025 $ 2,567,299,052 $ 15,052,792,116
% held by 5 entities named above 81.04% 80.44% 76.18% 79.73%
• Other community foundations in region• Law firms, accountants, wealth managers• Philanthropic advisory services (Arabella)• Large non-profit anchor institutions
(universities, hospitals, cultural institutions)• Commercial private foundation management
companies• Materialism!! Consumption!!
PRIORITIZE SERVICES/PROGRAMS CRITICAL TO THE FIELD OF COMMUNITY FOUNDATIONS Low Priority Medium Priority High Priority
Advocacy/lobbying on behalf of the field 7.1% 21.4% 71.4%Technology 10.7% 25.0% 64.3%Ethical practices, especially as it relates to "donor intent" 3.8% 42.3% 53.8%
Legal advice 14.3% 42.9% 42.9%Internet interactions such as CEONet, ProNet, AdNet, etc. 32.1% 57.1% 10.7%
Professional development 7.1% 53.6% 39.3%Standards 25.9% 59.3% 14.8%Fieldwide gatherings (national or regional) 21.4% 46.4% 32.1%
Infrastructure Support• CF Insights• CF Leads • Center for Effective
Philanthropy• Council on Foundations• Foundation Center • Foundation Strategy Group
• Grantmaker Affinity Groups
– Education– Grass roots – Immigrant Refugees
• Grantmakers for Effective Organizations
• Independent Sector• Mission Investors Exchange• Regional and Local
Grantmaker Networks
Professional Development Value for CEO/Senior Managers
• Benchmarking Successful Practices
• Center for Effective Philanthropy
• Continuing professional education (cpas, legal)
• Executive Coaching• Estate Planning Councils• Larger Community
Foundations Meeting
• Monitor Institute’s What’s Next Strategy
• Outside leadership training experts
• Outside subject matter experts• Peer networks or 1:1 (sector
and non-sector leaders)• University coursework and
fellowships (selected) – Harvard and Stanford specifically named
Professional Development - General• 24/64 (generational wealth)• Association of Fundraising Professionals • American College of Financial Services –
CAP• Executive Coaching• Institute for Career Advancement
(ICAN)• Local Civic Leadership Development
Organizations• National Association of Corporate
Directors (NACD)• Program/Strategic Evaluation
Consultants• Society for HR Management (SHRM);
HR consultants
Professional Affinity Groups• By Function (AdNet, COMMA,
FAOG, Pronet; Grants Managers Network)
• By Shared Perspective – Emerging Practitioners (EPIP)– Asian/Pacific Islander
Americans in Philanthropy (AAPIP)
– Association of Black Foundation Executives
– Hispanics in Philanthropy (HIP, National Latino Funds Alliance)
DISCUSSION AGENDAOpportunities on the horizon: inventive ways of
leveraging foundation skills and business modelManagement Issue: Fostering change in
organizational culture/staffing and successionOpportunities for field action: legislative and
regulatory advocacy; strategic communications Challenge: Change & relevance – what’s the 21st
century value proposition?