harp-weaver is an independent philanthropic advisory firm based in Philadelphia, Pennsylvania. Teresa Araco Rodgers, the principal, works with individuals and families to gift to issues that matter in a meaningful way.

Tuesday, February 2, 2010

More Strategic Philanthropy

The Foundation Center expects 2009 will show a 10% drop in foundation giving. The headline associated with this reads, "...philanthropy to become more strategic as a result." Strategic means establishing clear gifting goals on focused areas. It also means establishing a framework to help achieve the goals. This is advice any indidividual or organization engaged in grantmaking should follow. The current and cumulative economic climate has lead people to think more about impact. Bigger grants do not equal a bigger impact. Its about finding the right organization and gifting the right size grant. To achieve this is time-consuming and often difficult for individuals.

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