Giving Compass' Take:

• Kris Putnam-Walkerly, writing for Forbes, describes the importance for philanthropists to create a legacy of respect.

• Who are some philanthropists that have successfully built this legacy? How did they get there?

• Read more about legacy foundations and risk.

Creating a legacy of respect starts with a donor, and it grows throughout his or her entire philanthropic operation.

Here are six simple strategies to cultivate from day one to ensure that respect is always part of your legacy:

  1. Always return phone calls and reply to emails promptly.
  2. Go where the grantees are.
  3. Simplify your grantmaking process.
  4. Speed up.
  5. Seek and value the input of those you serve.
  6. Communicate openly and often.

Incorporate these six strategies starting today, and you’ll develop a culture of respect that will grow into a hallmark of everything you do.

Read the full article about philanthropy respect by Kris Putnam-Walkerly at Forbes