to specific initiatives, such as youth programs. Scholarships are a very popular means for assisting both individual students and educational institutions. A few donors with considerable financial resources or specialized expertise in capital improvements supported capital campaigns and projects to provide new or expanded facilities for an organization. But many participants saw no need to "micromanage" their contributions, especially when supporting organizations they know are well managed and will spend the money effectively. direct our giving. We leave it to the discretion of the specific individuals at the schools. specific project. Either endowment or operating funds, I'm generally inclined to give to the core budget, the core purpose of an organization as opposed to a special project. and schools, historical and cultural groups, environmental groups, religious institutions, relief and development organizations, and traditional charities. An efficient, well-run organization that manages its funds honestly and ethically is of primary importance. Personal experience with an organization and a belief in its mission is frequently the determining factor in deciding where to direct funds, time, and energy. well-managed. They may have the motivation, they may have the mission, but they might not be effective at the change that they seek in their mission. important. Assessing the organization's program effectiveness, efficient use of funds, quality of leadership, and transparency of accountability is the first step towards gaining confidence in it. Given the type of work done by many of these organizations, as noted by one participant, it is not always reasonable to expect "measureable outcomes." Sustainability and the ability to leverage funds for future expansion are also considered when selecting recipients. the actual financials of the organization in terms of percentage of dollars that go to the actual beneficiaries. in their own personal circumstances, and their own increased ability to make informed philanthropic decisions. as well as my reasons for giving. becoming more aware of the situations that are in need. is directed inward, towards one's own family, rather than outward towards the community. |