Our Director of Research Presents Evaluation Methods at YALE

YALE University is hosting a one-of-a-kind conference on "What Works?" in faith-based development efforts. Renowned social impact evaluator, Dean Karlan, will present new results from his evaluation of a faith-based economic development organization, International Care Ministries. After Karlan explains his ground-breaking case for the positive impact of faith in poverty reduction, Excellence in Giving's Director of Research, Paul Penley, will reveal his new results from evaluating the nation's only faith-based Boys & Girls Club. Stronger faith can be linked to great academic and character growth. Leading evaluators, funders, and NGO leaders with an interest in spiritual metrics are all coming together for lively discussions and panels on September 20-21, 2016. The interest of faith-based funders and NGOs in research-backed impact is growing, and Excellence in Giving is at the forefront of the conversation.

What is an Effective Philanthropist?

Recently, Gordon and Betty Moore restated their “Founders’ Intent” in order to provide guidance for current and future Trustees of their foundation. As I read the new statement on the Foundation website, I found myself filled with hope and inspiration. Their vision, wisdom and aspirations for their philanthropy are beautifully intertwined in this thoughtful, future-focused document.

Reading the Moore’s donor intent made me wonder what our world would look like if everyone with surplus wealth experienced a complete paradigm shift in their thinking about philanthropy. That is, if they were on a journey to become Effective Philanthropists. Would human suffering be minimized? Could complex problems like climate change and health be successfully addressed? Would we see less poverty, hate and war in our lifetimes? Call me a dreamer, but I’d certainly like to think so!

Now you might ask, what kind of shift in thinking am I referring to? Well, I’ll use a well-known quote by Aristotle as a jumping off point.

Aristotle wrote, “To give away money is an easy matter, and in any man’s power. But to decide to whom to give it, and how large and when, and for what purpose and how, is neither in every man’s power-nor and easy matter. Hence, it is that such excellence is rare, praiseworthy and noble.”

Simply put, Aristotle suggests that while anyone can be a donor, we should seek to master the art of effective philanthropy. He challenged his contemporaries to be “Noble and Praiseworthy” by figuring out the who, what, when, why and how much of charitable giving.

Doing this takes a shift in thinking or what I’ll call, “The Mindset of an Effective Philanthropist”.

Effective Philanthropists believe that giving goes well beyond the good feelings they have when they write a check. They have a tremendous sense of responsibility to maximize impact with their giving. The goal of their philanthropy centers around real change and measurable improvements.

Effective Philanthropists use their hearts, their analytical brains and employ scientific methodology to make the best giving decisions possible. They value knowledge and constant improvement. They engage with outside experts to learn and objectively evaluate the performance of their giving.

Effective Philanthropists believe they can facilitate real change and solve problems through strategic philanthropy.  They also see opportunities to extend their impact at the intersection of giving and investing. They are rewarded by the good feelings that come when they see tangible results.

Gordon and Betty Moore model this mindset through their thoughtful and visionary statement of Founders’ Intent.

I think Aristotle would praise The Moores for their mastery of philanthropy. And I’ll continue to hold that vision of a world filled with Effective Philanthropists!!

 

Lori Slaughter is the Northwest Regional Advisor for Excellence in Giving.
Contact her: lslaughter@excellenceingiving.com

Excellence in Giving Hires Texas Relationship Manager

Excellence in Giving announces the hiring of Keith Waggoner as Relationship Manager.

According to Al Mueller,  Founder and President of Excellence in Giving, "Keith Waggoner is the right man at the right time to increase and expand our services for clients in the Metroplex and throughout Texas." As a Relationship Manager for Excellence in Giving, Keith will develop and serve new client relationships.

“I couldn’t be more excited to have someone of Keith’s professional background, non-profit experience, and integrity join the Excellence in Giving team. We covered two of our bases by hiring someone with degrees from Baylor and SMU. With a recent hire from TCU, Lexi Peterson, we are still looking for an Aggie, Longhorn, and Red Raider. “

Excellence in Giving is a full service, philanthropic advisory firm serving generous families around the country, who are seeking greater joy and impact from their charitable giving. Since its founding in 2001 by Al Mueller in Colorado Springs, Excellence in Giving has been engaged by families who have made over $200 million in charitable contributions. Excellence in Giving serves clients from coast to coast from its offices in Colorado, North Carolina, and Oregon.

Learn more about Keith and the rest of the staff at Excellence in Giving by clicking here

To contact Keith Waggoner, kwaggoner@excellenceingiving.com or at (214) 876-5218.

Or to learn more about Excellence in Giving, contact Al Mueller, amueller@excellenceingiving.com or at 719-329-1515.