Arron Perriam
Executive Director
CFNZ
30 January 2023
A new year brings new opportunities, change, challenges and success so it’s timely to consider, as community foundations set up for the new year, three top tips for philanthropic success: collaboration, communication, and clarity.
Collaboration is essential for any philanthropic ambition to be realised, especially for community foundations. Working with other organisations, funders, and community members gives foundation leaders the opportunity to build trust, increase impact, and gain a better understanding of the needs and concerns of the local community. This type of cooperation allows foundations to leverage resources, share expertise, and importantly amplify their message and impact. It also enables them to cultivate relationships with potential donors and be smarter in activating a culture of giving.
Communication is also essential for community foundation success. It is important for foundations to communicate with their stakeholders, both internally and externally. By keeping stakeholders informed of their successes, challenges, and strategies, foundations can build and maintain trust. They can also foster relationships by highlighting their accomplishments and engaging stakeholders in their initiatives. Furthermore, communication ensures that foundations are able to respond quickly to changes in the environment and community needs.
Finally, clarity (or transparency) is a key attribute for philanthropic success. Foundations should be open about their finances, operations, and activities. This openness allows for building of greater accountability and trust, and donors can feel confident their donations are being used effectively.
As Helen Keller said, “Alone we can do so little, but together we can do so much”. Here’s to your great success and growth throughout 2023.
Date Posted: 30 Jan 2023
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