Giving Compass' Take:
- In this podcast, Michael Voss interviews Lisa Spalding, a partner at The Philanthropic Initiative, and Stephanie Diamond of Schwab Charitable on how to donors can make difficult decisions about gifts through a strategic lens.
- What approach do you take toward strategic philanthropy? How do you feel about unrestricted vs. restricted funding?
- Read more on how to chart your strategic roadmap for philanthropy.
What is Giving Compass?
We connect donors to learning resources and ways to support community-led solutions. Learn more about us.
Even after donors have found a cause they want to support, they still need to make strategic decisions about the type of funding they want to provide. Figuring out the objective of their philanthropy can help them evaluate restricted funds, unrestricted funds, and endowments. To more deeply understand each type of giving, SSIR Publisher Michael Voss speaks with Lisa Spalding, partner at The Philanthropic Initiative (TPI), and Stephanie Diamond, managing director of Charitable Planning Strategies at Schwab Charitable. The full transcript of the episode can be read below.
So you’re a thoughtful impact-focused donor, and you’ve done your homework and identified some nonprofits that you would like to support. But deciding what type of gift to make can sometimes be as challenging as knowing what cause to fund in the first place. Restricted gifts, unrestricted gifts, endowments, what are the differences and what are the benefits of each type of gift? How can you ensure that your giving is helping to accomplish your overall philanthropic goals, your purpose for philanthropy as it were.
Joining me today to help answer these questions are two speakers with extensive experience serving the donor community. Lisa Spalding is a partner at The Philanthropic Initiative or TPI, and works with clients to increase the impact of their giving through strategic planning, facilitation, in-depth issue research, and design and evaluation of philanthropic strategies and initiatives. Lisa is a seasoned facilitator and convener, having led retreats and trainings for a wide range of foundations and families across the country, focused on planning, succession, governance, and evaluation. She conducts trainings and workshops on engaging the next generation, the power of family philanthropy, finding a focus and exploring your legacy. Lisa also partners with professional advisors to help their clients to reflect on how strategic philanthropy can play a greater role in their lives.
Read the full article about achieving impactful philanthropy at Stanford Social Innovation Review.