Transforming Knowledge into Change

Philanthropy and Mistakes: An Untapped Resource

This article discusses how foundations and their nonprofit partners might think about failure and share their hard-learned lessons. The authors first distinguish among different types of mistakes and how they relate to specific types of foundation investments. The authors then discusses three examples that represent different types of mistakes that foundations and their nonprofit partners make. Finally, the authors offer lessons to foundations about adapting, learning, and sharing in the face of failure. The overarching argument of this article is that foundations face certain dilemmas in their grantmaking that are related to mistakes and that need to be acknowledged and reflected on

 

Bibliographic Details
Author Robert Giloth and Susan Gewirtz
Publisher Annie E. Casey Foundation
Publication Date January 1, 2009
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Submitted to Point K March 23, 2015 - 1:13pm


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