Thursday, July 18, 2013

What We’ve Been Reading...

The Charities Review Council whole-heartedly believes in sharing valuable knowledge, news, and resources – known as Sector Moments around our office. Here is what we’ve been reading this week:


The Next Gen Donors report, a collaboration of 21/64 and the Dorothy A. Johnson Center for
Philanthropy, strives to paint a picture of Gen X and Millennial donors – a relatively small group of individuals who will inherit over $40 trillion. "Today’s younger generations have the potential to be the most significant philanthropists in history. But we don’t know much about them." Baby Boomers no longer make up the majority of the giving population. Next Gen Donors gives us the unprecedented research to gain understanding about the values, expectations, and goals for these 21st century philanthropists.

Three Big Ideas for Designing Innovations to Work at Scale

Though this article from Stanford Social Innovation Review focuses on higher education, many of the ideas are applicable to nonprofits, as well. With the “innovation” buzzword being thrown around left and right lately, it’s important to take a step back and determine what realistic innovation really means for your organization. “Campuses across the country are littered with the failed remnants of excellent innovative projects that died because there was never genuine buy in, real financial and institutional support, or a hospitable policy environment.” Check out this article for insight into smart innovating on the right scale.

Families on Boards: What’s the Rub?

A recent report by the St. Louis Business Journal notes the saturation of family members and a few select individuals’ on numerous nonprofit boards in the St. Louis area. Initially, this might not seem like such a big deal, but Eileen Cunniffe of Nonprofit Quarterly outlines the issues with this situation – like the true commitment required to be an effective nonprofit board member, and confusing status and/or wealth with good governance. A great case for the necessity of board term limits, this is a quick, must-read for nonprofit leaders, current board members, and individuals interested in joining a board. 

It can be difficult to find the time to scan the headlines, but setting aside a few minutes each day to read up on the latest happenings in the global nonprofit and philanthropic community can be inspiring, motivating, and educational.

We hope you find these reads interesting and helpful!

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