Posts Tagged ‘Impact Grant Initiative’

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Young Adult Impact Grants Initiative Begins

July 13, 2012
Lana Volftsun

Lana Volftsun

By Lana Volftsun, Young Adult Impact Grants Initiative Member

This year’s IGI kicked off at the JCF where we had the opportunity to hear from Roger Bennett about the changing young adult Jewish experience in America. We discussed why we give and why we give Jewishly – what does giving Jewishly mean to us? Afterwards, we broke into groups to discuss our values. It was fascinating to see what motivates each IGI member to give and what fuels their passions. Our IGI chairs, Matthew and Jason Goldman facilitated a group discussion on the topic, ultimately unifying the group around shared values ranging from innovation to community to tradition. It was exciting to meet so many new people who also care about doing good Jewishly.

Our second gathering was held over dinner at the home of Doug & Lisa Goldman. I was thrilled that we were joined by Toby Rubin, Founder and CEO of UpStart Bay Area. She educated us about the local and national climate for serving post-college young adults and provided great examples of what has worked locally and nationally. We went around the table and shared our most valuable or engaging recent Jewish experience. Responses ranged from Birthright Israel and other travel opportunities to Mission Minyan or a casual Shabbat with friends. After a delicious dinner, we broke into small groups to discuss how we like to be engaged Jewishly and where we see areas that could be better served in the Bay Area. The warmth of the Goldman’s home and the excitement building around the table made for a really wonderful evening and I can’t wait for the next one! We’re convening again at the end of March to design our Request for Proposals and we may even have a local ‘field trip’ before then.

I’m thrilled to be part of IGI to learn more about myself, my peers, and to positively influence the Bay Area Jewish community. Thank you so much to everyone who made this program possible, I can’t wait to see the impact we make!

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A new model for impact giving

January 27, 2011

The evolution of philanthropy – with its continued embracement of metrics, outcome measurements and impact, and data – has also seen a growing emphasis on developing new ways to engage donors. Philanthropic organizations, especially those in intermediary roles, are redefining their relationships with donors. Many of them recognize the growing number of active and engaged donors who want to do more than just write a check; they are looking for opportunities to make an impact in a more dimensional way and want more intensive engagement opportunities. To meet that need, some organizations are providing donors with more guidance and resources to make better informed charitable giving decisions, or even offering opportunities to engage in impact investing.

This trend has made its way into the federation system. Per the Jewish Federations of North America, the federation system represents 157 Jewish federations and 400 network communities, and raises and distributes more than $3 billion annually for social welfare, social services and educational needs. That places it “collectively among the top 10 charities on the continent.” Given its immense scope, there is tremendous potential to provide a wider vision of how to generate impact, and model the ability to evolve, adapt, and support new opportunities.

Impact Grants Initiative of the Jewish Community Federation

The Jewish Community Federation of San Francisco, the Peninsula, Marin and Sonoma Counties (JCF) has developed a new approach to provide donors with the level of engagement many of them seek, and at the same time, support local innovations. This new approach just entered its public stage and will serve as a learning model for the federation system. Based on the concepts of venture philanthropy and giving circles, the JCF designed a new $1M initiative to fund innovative local approaches engaging adults between 21 and 45 years in Jewish life. Through this initiative, the JCF aims to identify high performing nonprofits with high potential ideas that can significantly impact the local Jewish community.

The work on this new model began in the summer of 2010 and formally launched in the fall when the JCF convened a group of 30 younger donors and lay leaders to serve as the grantmaking body for the initiative. Together, the group learned more about the subject area for the initiative from other funders, refined the funding priorities, and designed the parameters for the proposal guidelines. On January 28, it will post its Request for Proposals and guidelines on its website.

Learn how to apply for an Impact Grant. Visit www.jewishfed.org/grants/igi

Under this model, the group of donors has adopted an engaged grantmaking approach that taps into lessons learned from social venture philanthropy. The donors will continue to be engaged through a more intensive due diligence process coupled with shorter timelines to gather information. The grants will be determined through consensus decision-making with staff input. And in some instances, members of the donor group will continue to work directly with the grantees over the course of the three-year initiative.

The initiative represents a new model for the JCF and the federation system as a whole. While four other federations have attempted venture philanthropy style approaches, they have met with modest success. And unlike those earlier efforts, which were very much dependent on generating the funds to distribute from the participating donors as in traditional giving circle models, the JCF’s Endowment Fund intentionally provided the $1M in seed funding for its donor group to grant out. This approach reflects and supports the JCF’s commitment to supporting innovative ideas in the local community while also providing increased opportunities for donors to engage in proactive, outcome-focused grantmaking.

Ultimately, the true impact of the new model won’t be known for several years. However, the JCF’s multi-faceted goals of supporting local innovation, generating greater impact within the community, and providing donors with more meaningful opportunities to engage in philanthropic efforts through this new model will undoubtedly provide compelling lessons to the federation system at large and other philanthropic intermediary organizations.

Adin C. Miller serves as Director of Community Impact and writes about philanthropy on his personal blog Working In White Space. You can also follow him on Twitter.

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