Elevating Philanthropy for Community Benefit
Mankato Area Foundation's strategy and goals in advancing philanthropy as a tool for community benefit, including the focus on strengthening nonprofit capacity, engaging more people in strategic giving, and creating impactful experiences. Initiatives like listening sessions, shared spaces, and good governance cohorts aim to raise philanthropy to new heights of impact and understanding.
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Presentation Transcript
Giving Beyond the Checkbook Mankato Area Foundation 2023 MCF Annual Conference February 8, 2023
Our Purpose Today The strategy guiding MAF s work. Share MAF s experience in elevating philanthropy as a tool for advancing community benefit. The programs MAF has launched and tested. Benefits to the community.
Value Proposition + Strategic Goals Elevate philanthropy as a strategic means to advance community benefit. Strengthen & expand community relationships to engage more people in strategic giving. #1 Bring broader knowledge and new charitable vehicles to philanthropists seeking to effect greater community benefit. #2 Bolster nonprofit capacity across the sector to increase opportunities for efficiency & positive impact. #3
Value Proposition + Strategy Creating and implementing a formal process for listening to and learning from nonprofits, donors & the broader community. Convening community partners around issues of shared opportunity. Engaging more people in the use of strategic philanthropy to benefit the community. INFORMING Sharing information with others seeking to benefit the community. Incorporating knowledge into Foundation practices. LISTENING ENGAGING
Value Proposition + Strategy We see our role as helping create experiences with philanthropy that are so rewarding that we raise philanthropy up to the top tier of things people are motivated to do with their money. We do this by giving people knowledge and experience and by helping them see the impact of their giving. -- Community Foundation CEO Member, Center for Effective Philanthropy
Becoming a Trusted Partner 1st Informal community expertise COVID Community Response Fund Collaborative (Disability organizations) Shared Spaces (1 & 2) 2021 2025 Strategic Plan Good Governance Cohort Inclusivity Study Shared Spaces (3) Consultant in Residence Listening Sessions
New Initiatives Consultant in Residence Good Governance Cohort Listening Sessions Bi-monthly forums with nonprofits clusters Intent to build nonprofit capacity Pilot launched January 2023 Five organizations Board members, donors, and community leaders attended Three options to support nonprofits Curriculum & tools to strengthen governance practices Supported 35+ organizations Candid conversation around core questions Key value is the cohort shared experience, safe space and governance partnership Governance emerged as a top area of challenge Key themes emerged
Becoming a Trusted Partner 1st Informal community expertise COVID Community Response Fund Collaborative (Disability organizations) Shared Spaces (1 & 2) 2021 2025 Strategic Plan Good Governance Cohort Inclusivity Study Shared Spaces (3) Consultant in Residence Listening Sessions
Key Outcomes Raised the visibility of the nonprofit sector s value and challenges. __________________________________________________________ Built foundation of trust and sense of partnership with both donors and nonprofits. __________________________________________________________ Created a network-based, solution-oriented approach that drives our giving.
Discussion Do any of you have experiences with giving beyond the checkbook you would like to share? Examples of great success (or lack of success) Lessons learned, changes in practice, etc.