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Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

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Drivers for Giving Among very high net worth US givers (sample of 264) the following were the principal drivers for their philanthropy: 70% = personal values 36% = faith 35% = sense of obligation or duty 32% = family legacy 31% = to add value to society 3

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Page 1: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

Making Big Ideas Work:Philanthropic Partnering for

Positive Impact

Kay Sprinkel GraceBenedictine Health Systems

Leadership ConferenceSeptember 27, 2012

Page 2: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

PhilanthropyBased in values

DevelopmentUncovers shared values

Fund Raising

Gives people opportunities to act on their values

Page 3: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

Drivers for Giving• Among very high net worth US givers

(sample of 264) the following were the principal drivers for their philanthropy:

• 70% = personal values• 36% = faith• 35% = sense of obligation or duty• 32% = family legacy• 31% = to add value to society

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Page 4: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

Philanthropy: Robert Payton

• All voluntary action for the public good

• Giving, asking, joining, serving

• Based in values

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Page 5: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

From Transaction to Transformation

The most important philanthropic journey

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Page 6: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

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Transactional Bell Curve: The Way We Have Approached Donors

High Impact PhilanthropyKay Sprinkel Grace, Alan Wendroff

Page 7: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

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Transformational Infinity Loop:The New Approach

High Impact PhilanthropyKay Sprinkel Grace, Alan Wendroff

Page 8: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

Powering the Journey

• 1. Having (or finding in the community) a big idea – a dream – that will inspire new donor investors and new volunteers

• 2. Creating, through your leadership, the productive partnerships that will support the fulfillment of the dream

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Page 9: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

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Bullish on Philanthropy!

Page 10: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

What Is a BIG IDEA?

Exploring your originsA look at others

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Page 11: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

The Five “I” Analysis of Giving• A series of interviews with donors ranging in age

from 28 to 74 who had just made their first 7-figure gift, revealed what they were looking for in their giving and in stewardship:• Issues• Impact • Investment• Involvement • Innovation/Ideas

• High Impact Philanthropy, Grace and Wendroff, 2001

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Page 12: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

From Vicki Spruill, Council on Foundations

• “A lot of conversation (at the White House Conference) was about catalyzing innovation at this critical moment in time when needs so outweigh what any of us individually can solve. How can philanthropy work with government and other partners to take risks, to identify solutions, to catalyze change, to pilot innovative ideas?”

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Page 13: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

Psychic Poverty• A feeling of scarcity, rather than

abundance.• Afflicts donors at all levels• Afflicts organizations and is reflected in

their messages• People (and organizations) are honestly

worried about the future, but they need to see the safety and importance of their investment in your work

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Page 14: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

Melinda Gates

• I am an “impatient optimist.”

• As all of us should be!

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Page 15: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

So, How Impatient Are Philanthropists?

• Those attending the Forbes philanthropy conference revealed what they expect in investment pay off:

• 44% said they looked for results in less than 10 years

• 33% said 10 – 19 years• 15% said “beyond a lifetime”• 9% said 20 years

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Page 16: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

Partnering for Impact

• Very high net worth individuals think we should partner to increase our impact. They do. Here’s how they partner:

• 1. 40% partner with businesses• 2. 28% partner with other nonprofits• 3. 22% partner with government agencies• 4. 7% partner with other private funders

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Page 17: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

Why is Money Not Moving Out into Our Communities?

The 21st Century Paradox

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Page 18: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

For Want of an Idea….

A story of (temporarily) lost opportunity

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Page 19: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

Partnering for Philanthropic Impact

• “All who think cannot but see there is a sanction like that of religion which binds us in partnership in the serious work of the world.” Benjamin Franklin

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Page 20: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

Aligning to Our Common Vision

The critical role of vision in dreams and partnerships

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Page 21: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

The Power Equation

• Big idea (dream) + Partnerships = Community Investments

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Page 22: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

Transformation of Leadership

• “In the past a leader was a boss. Today’s leaders must be partners with their people..they no longer can lead solely based on positional power.” Ken Blanchard

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Page 23: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

Primary Function of Philanthropy

The development of long term partnerships to achieve community

vision

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Page 24: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

Seven Ways to Engage Your Boards

• 1. Grow their leadership• 2. Engage them in a common vision• 3. Encourage them to become impatient• 4. Be respectful stewards• 5. Tell them how important it is to listen• 6. Encourage them to risk• 7. Give them time to dream

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Page 25: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

Closing Thought

• “The future belongs to those who believe in the beauty of their dreams.” Eleanor Roosevelt

• And I would add to that: “…and to those who form partnerships to ensure the fulfillment of those dreams.”

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Page 26: Making Big Ideas Work: Philanthropic Partnering for Positive Impact Kay Sprinkel Grace Benedictine Health Systems Leadership Conference September 27, 2012

Making Big Ideas Work:Philanthropic Partnering for

Positive Impact

Kay Sprinkel Gracewww.kaygrace.org

[email protected]