Thursday, July 21, 2011

Sticking to the Fundamentals While Becoming More Than Just a Grantmaker


This is a follow up from the Foundation’s January 19 post, The Beginning.

Celebrating 15 Years in Philanthropy
1996-2011

As the Sisters of Charity Foundation of South Carolina progressed from its early phase, the Foundation began to develop its own identity. We certainly used our early grantmaking decisions as an incubator for future decision making and direction. We learned from the grants we made and tweaked our process many different times. Our fundamental focus of working to alleviate poverty in South Carolina has never changed but how we approach it has.

We have gone from 100% of our dollars going to grantmaking to a combination of grantmaking, public policy work, communications, capacitybuilding and research and evaluation efforts. It is the Foundation’s belief that the more comprehensive and diversified the work becomes, the greater impact we can have on poverty. Grant dollars are important but they are not and should not be the only plan of action. There are just not enough grant dollars to go around. With this knowledge, the Foundation has invested in a host of programs, initiatives and partnerships that have created a philanthropic platform that transcends our dollars and allows us to create change in multiple ways.

Below are five key factors that were taken from the Foundation’s early grantmaking to the current, more-established organization:
  • Have an engaged and dedicated board that embraces the mission and helps you strategically evolve as an organization. The Foundation’s board (even as the faces change) has always been completely immersed in the Foundation’s work and committed to the goals and principles. 
  • Have a capable staff that can see the big picture and use their skills and ability to affect the overall mission. The Foundation’s staff is built on integrity, ability, mission effectiveness and teamwork. 
  • Be willing to change direction as needed. A plan that is not working is not good for anyone. So, at times, the Foundation has changed course and improved its work. 
  • Plan your work and implement it with the end in mind. Know where you want to go. The Foundation board and staff have truly grasped the idea of collective thinking and determining what kind of organization the Foundation becomes given multiple variables, including declining assets and a huge demand for Foundation resources. 
  • Have an open door policy. Be willing to talk to people about their ideas and plans. Be willing to meet everyone as if they are a potential partner or friend. Sometimes it is not a good fit but many times it is. If the Foundation had been “hands off” with its approach to philanthropy, there would have been many missed opportunities.
This Sisters of Charity Foundation strives to change lives and communities each and every day. We do it with conviction and we do it with compassion and respect for others. We make mistakes like everyone else but I like to believe that we learn from our mistakes and grow from our experiences. That is what makes a good grantmaking organization.

Tom Keith is the president of the Sisters of Charity Foundation of South Carolina