This book examines the most common reasons that foundation managers fail, and details the steps they must take in order to succeed. In overcoming the seven vexing challenges and strategizing the seven inescapable trade-offs, foundation managers can learn to maximize their positive social impact and avoid unintended lousy results.

This book examines the most common reasons that foundation managers fail, and details the steps they must take in order to succeed. In overcoming the seven vexing challenges and strategizing the seven inescapable trade-offs, foundation managers can learn to maximize their positive social impact and avoid unintended lousy results.

Imagine all you'd like to accomplish with your philanthropy. Now picture a large portion of your resources never reaching their intended use due to poor strategies, mismanagement, or unnecessary taxes. Today the opportunities in the philanthropic sector are greater and more varied than ever. Private foundations, which offer several estate and tax-planning advantages as well as unparalleled donor control, have become the vehicle of choice for more than sixty thousand individuals and families--and may be ideal for you. Creating a Private Foundation introduces the issues you need to understand and gives the big picture on how foundations work. It tells you exactly what is involved for you, for the causes you care about, for your finances and taxes, and for your heirs. Chapters address the practicalities as well as the implications of founding, funding, organizing, and operating an effective foundation, including growing its endowment, allocating its assets, and selecting professional foundation management help. Roger Silk, James Lintott, and their colleagues, leaders in the foundation consulting arena, have pooled their wisdom in this comprehensive guide for donors and your advisers. If you're looking to make a difference, there is no better guide.

Volume One of the ISM Professional Series

""A Foundation in the Principles of Management" gives readers a firm understanding of important principles of business management. These principles serve as building blocks for future business courses in the major. The initial chapters introduce the history of management and familiarize readers with different management roles and functions. Students then learn about ethics, an increasingly important focus in today's business education. The book addresses planning and decision-making, and how to effectively handle change, innovation, and conflict. Readers also explore management in distinct scenarios and environments including managing communication, work teams, human resources, and service and manufacturing operations. Specific topics include interview formats, the history of management, the four functions of management, organizational structure and design, and strategic planning. Each chapter features clearly defined objectives to focus and enhance learning, a summary to support retention and review, and discussion questions that can be used to facilitate classroom interaction or to serve as outside assignments. Informative, interesting, and accessible "A Foundation in the Principles of Management" is designed for introductory courses in management and business. Daniel Kipley holds a D.B.A. and an M.B.A. in strategic management from Alliant International University in San Diego, California, as well as a Masters in management from the University of Redlands, California. Dr. Kipley is a professor at Azusa Pacific University, where he has been nominated for the university's Distinguished Research Professor award . Ronald Jewe earned his Ph.D. in organizational leadership at Regent University and his M.B.A. from Arizona State University. He is a professor, the Undergraduate Chair, and the Associate Dean in the School of Business and Management at Azusa Pacific University, where he teaches undergraduate and graduate courses in management, leadership and business ethics. Roxanne Helm-Stevens has a D.B.A. in strategic management from Alliant International University and an M.B.A. from Azusa Pacific University. She is an associate professor and Director of Graduate Management Programs at Azusa Pacific, where she teaches undergraduate and graduate courses in organizational behavior, management, business and employee development."

FROM GRANTMAKER TO LEADER The past one hundred years has borne witness to an extraordinaryrevolution in the constitution and activities of philanthropicfoundations. The evolution of the governance of foundations-fromfounder to family to professionals to institutions-has necessarilyaltered the role that foundations play within a society. Ascommunity foundations, for example, strengthen the essentialcommunal fabric and help all organizations gain a financialfoothold, they find themselves at times in conflict with commercialgift funds, whose transactional nature between the donor and theorganization stimulates philanthropy in a wholly different fashion.From Grantmaker to Leader: Emerging Strategies for 21st CenturyFoundations takes stock of this shifting landscape, presenting boldleadership strategies for directing philanthropic organizationsinto the unchartered waters of the future. Seasoned foundation executives Frank Ellsworth and Joseph Lumardaassemble an all-star roster of insider contributors, dividing theirtrenchant study into three sections. "From Carnegie to Gates: TheChanging Faces and Needs of Philanthropy" examines the history offamily and community foundations and how the turmoil of the "NewEconomy" will affect these organizations in the future. SectionTwo, "The Foundation's New Reach: The Emerging Role of Leader,Communicator, and Facilitator of Change" addresses the criticalresponsibility of effectively articulating a foundation's message,showing how messages can successfully penetrate the media. Finally,the third section "Building the Foundation Board of the 21stCentury: Diversity and Strategic Planning" analyzes all aspects offoundation boards of directors, including their makeup,responsibilities, backgrounds, necessary diversity, and the role ofboards in foundation planning. Throughout all three sections, FromGrantmaker to Leader tackles all the critical issues facingphilanthropic foundations today, such as: * Transfer of wealth * Legislative concerns * IRS audits * The role of foundations in public policy issues, such as campaignspending * Accountability * Planned giving * Assessment of the effectiveness of giving * Socially responsible investment and social return oninvestment Even as the very nature of foundations has changed, a fundamentalquestion remains: will philanthropies play a more pervasive role insociety's future or will their influence forever remain elitist andselective? Writing directly for trustees, practitioners, foundationCEOs and CFOs, and every philanthropic professional, Ellsworth andLumarda make the convincing case that foundations matter more thanever, offering proven strategies for philanthropic success. FRANK L. ELLSWORTH is a vice president at Capital Research andManagement Company, where he oversees and coordinates programs andservices to endowments in Los Angeles. JOSEPH LUMARDA is the Executive Vice President of External Affairsfor the California Community Foundation in Los Angeles.

For the past fifteen years, Stephen Isaacs and Paul Jellinek have been go-to advisors to foundations. They have consulted on everything from basic governance and management to strategic planning, program development, and impact assessment. Distilling more than fifty years of hands-on philanthropic experience into a short, highly readable book, the authors guide founders and leaders of foundations through many of the issues and challenges they are likely to encounter. These include the technical aspects of starting and running an effective foundation as well as critical insights about what it takes to become a truly great foundation. Indispensable for board and staff members of new and established foundations alike-and for individuals who may be considering launching a new foundation of their own-the book is available through Amazon.com and other major outlets.