Philanthropy New York Currents September 2011

 

Dear Members,

As part of our current Strategic Plan, Philanthropy New York is committed to forging working relationships with public policymakers to deepen their knowledge and appreciation of philanthropy and to allow grantmakers and government officials to partner effectively and appropriately for the common good.

Our Board of Directors has determined that there may be policy matters in the future on which it will make strategic sense for Philanthropy New York to take a public position. Before making any decision, the Public Policy Committee, now in formation, and the Board will consider the issue's relevance to and potential impact on Philanthropy New York's members and the wider philanthropic community. Our Board currently anticipates that Philanthropy New York would take a public position only on matters that would directly affect the regulation or independence of the nonprofit sector.

Philanthropy New York's Public Policy Committee, which will include both Board members and members at large, will lead this effort, using our mission, vision, and values as a guide. The Committee will be charged with determining in the first instance if, and when, the organization should comment on a specific issue. The process that follows that determination will include, unless time is of the essence, an opportunity for members to weigh in via our website. The final decision on any particular issue will rest with the Board of Directors, or its Executive Committee.

This decision and the process it will set in motion have been made as democratically as possible and with the utmost care. Both the Board and the membership have deliberated and weighed in on this step over this last year as we moved forward with a new strategic plan. And, of course, many of our colleagues in other Regional Associations have taken this step long ago, and we have used their experience to help guide us as we moved forward.

I look forward to sharing more with you about this process in the coming weeks; we will post a detailed description on our website and let you know how you can make your voice heard.

Best regards,

Ronna Brown
President, Philanthropy New York


Welcome New Members


Disaster Response: Hurricane Irene

Philanthropy New York will continue to monitor the emerging philanthropic response to the devastation caused by Hurricane Irene on our dedicated webpage for the disaster.

We encourage all of our members to contact us directly about their current or potential plans for emergency assistance and support.


More Foundations Join Philanthropy's Promise

Thirty-two more foundations from across the country (including Philanthropy New York members Funding Exchange, the Ms. Foundation for Women, and the Robert Sterling Clark Foundation) have made a commitment to dedicate a majority of their grants to benefitting underserved communities by joining Philanthropy's Promise, an initiative by the National Committee for Responsive Philanthropy launched in June 2011, which seeks to encourage effective and strategic giving that leads to positive and lasting social change. To date, 96 foundations have signed on to the Promise, representing more than $2.94 billion in annual giving.
 
Foundations that have signed on to Philanthropy's Promise submitted public statements explaining their commitment. In the statement for Funding Exchange, Barbara Heisler, its Executive Director, wrote, "We understand what it means to fund in communities of color, immigrant communities, and working class communities. We, and a majority of our members, signed on to Philanthropy's Promise as a pledge to our constituents that we will continue to work hard towards social and racial justice around the country."

Learn more about Philanthropy's Promise.


Supporting America's Veterans

In recognition of the need to devote more time and resources to helping military personnel, veterans, and their families, Citigroup recently announced that Christopher Page, currently a Vice President in Control & Emerging Risk, is taking on a new role focused on developing, coordinating, and supporting all of Citi's products, programs, and activities that serve military personnel and veterans.

Mr. Page is a veteran of the U.S. Army, has served in the 18th Airborne Corps Artillery in Ft. Bragg, North Carolina and in Germany, and is currently a sergeant in the U.S. Army Reserve. Leading the Citi Veterans Initiative, Mr. Page will oversee their Disabled Veterans Mortgage Relief Program, the North America Service Initiative, and the Citi Military Network.

Citi employs more than 1,500 veterans across its businesses, and they have hired about 150 veterans this year; over the next 12 months, they also plan to hire nearly 500 more. Citi also belongs to Veterans on Wall Street, an initiative established along with Bank of America, Credit Suisse, Deutsche Bank, and Goldman Sachs to raise awareness of the value of veterans in the workforce and help more former military personnel find job opportunities on Wall Street.

Read more about these initiatives in a memo from Citigroup CEO Vikram Pandit.

Learn more about Philanthropy New York's September 26th program on what philanthropy can do to help veterans.


Robert Rauschenberg Foundation: Exhibition Rescheduled

Originally scheduled for June 2011, a free exhibition celebrating a new book of photographs by Robert Rauschenberg is being held now in the Robert Rauschenberg Foundation's warehouse space at 455 West 19th Street. The images can be viewed from the street between 12:00 noon and 9:00 pm until October 3, 2011.

Visit the foundation's website.


Congratulations

  • Susan King, Vice President for External Affairs at the Carnegie Corporation of New York, has been appointed as Dean of the University of North Carolina at Chapel Hill School of Journalism and Mass Communication. The appointment is effective January 1, 2012. Ms. King, who is a member of the Philanthropy New York Board of Directors, also will hold the title of John Thomas Kerr Distinguished Professor. She joined the Carnegie Corporation in 1999, where she created new programs; expanded and deepened the foundation's publications; built a new website; carried out significant grantmaking through a multi-million-dollar Dissemination Program; and recruited an excellent Public Affairs team. She also oversaw the Carnegie-Knight Initiative on the Future of Journalism Education with the John S. and James L. Knight Foundation.
  • The Nonprofit Finance Fund has named Antony Bugg-Levine as its new CEO. Mr. Bugg-Levine joins NFF from the Rockefeller Foundation, where he served as a Managing Director since 2007 and developed and led the foundation's Harnessing the Power of Impact Investing initiative.
  • Stephen B. Heintz, President of the Rockefeller Brothers Fund, Katrina McGhee, Executive Vice President of Susan G. Komen for the Cure, and Laysha Ward, President of Community Relations & the Target Foundation, have all been named to the NonProfit Times 2011 Power & Influence Top 50. As stated by The NonProfit Times, "these executives were selected for the impact they have now and for the innovative plans they are putting in place to evolve the charitable sector."


 

(View a full text, PDF version of Philanthropy New York Currents, September 2011.)

Transitions

  • Transitions, September 2011
    New appointments and promotions at The Atlantic Philanthropies, Bessemer Trust, the Carnegie Corporation of New York, the Council on Foundations, the Nathan Cummings Foundation, the Geraldine R. Dodge Foundation, EMpower, the Stella and Charles Guttman Foundation, the Alfred P. Sloan Foundation, and The Tow Foundation.

Members in the News & Resources

  • Foundation Leaders Address the State Budget Crises
    Published by The Foundation Center, September 2011
    PDF, 310 KB

    Nearly 90 percent of the country's largest foundations report that at least some of the nonprofits they support have been severely affected by state budget cuts, and a quarter of the funders surveyed reported having grantees that were forced to suspend operations. To help address the situation, about half the funders said they have provided assistance to affected nonprofits. This study also includes an essay by Doug Bauer, Executive Director of The Clark Foundation.
  • CSR Now!
    This weekly blog, written by Tim McClimon, Vice President for Corporate Social Responsibility at American Express and President of the American Express Foundation, is designed to get at what’s happening in corporate social responsibility today—from the point of view of a corporate practitioner.
  • A Century of Philanthropy: Carnegie Corporation of New York
    Source: American Libraries, September 13, 2011
    An examination of the corporation's history and work on the occasion of its centennial.
  • What Health Care Can Learn From Auto Repair
    Source: The Huffington Post, September 12, 2011
    An op-ed by James R. Knickman, President & CEO of the New York State Health Foundation.
  • A Story of Remembrance and Resiliency More Than Ten Years in the Making
    Source: RE: Philanthropy, September 11, 2011
    Lorie Slutsky, President of The New York Community Trust, shares her thoughts on the 10th year anniversary of the 9/11 attacks.
  • Ten Years Later: Vartan Gregorian, President, Carnegie Corporation of New York
    Source: PhilanTopic, September 10, 2011
    PhilanTopic continues its series of interviews with philanthropic executives and thought leaders about the meaning and impact of 9/11.
  • Ten Years Later: A Q&A With Lorie A. Slutsky, President, New York Community Trust
    Source: PhilanTopic, September 8, 2011
    PhilanTopic continues its series of interviews with philanthropic executives and thought leaders about the meaning and impact of 9/11.
  • American Express Foundation President on Service, Local Communities and Leadership
    Source: The Huffington Post, September 8, 2011
    Aaron Hurst's interview with Tim McClimon, President of the American Express Foundation.
  • Ten Years Later: A Q&A With Gordon J. Campbell, President/CEO, United Way of New York City
    Source: PhilanTopic, September 7, 2011
    Gordon Campbell shares his thoughts on 9/11 and what has and hasn't changed in the ten years since the attacks.
  • Mogul Using $100 Million in Race to Cure Daughter Lures Novartis
    Source: Bloomberg Markets Magazine, September 7, 2011
    This article on the role that philanthropy plays in advancing medical research includes several quotes from James O’Sullivan, Director of Foundation Services for Rockefeller Philanthropy Advisors.
  • Balancing the Humanistic and Technocratic in Philanthropy
    Source: Tactical Philanthropy, September 7, 2011
    A guest post by Paul Connolly, Chief Client Services Officer at TCC Group. (The Edna McConnell Clark, Ford, NoVo, Rockefeller Brothers, and Wallace foundations are also mentioned.)
  • Wallace Foundation Launches $75 Million 'Principal Pipeline' Initiative
    Source: Philanthropy News Digest, August 24, 2011
    The foundation's five-year initiative is designed to help six urban school districts develop qualified principals and determine whether the investment improves student achievement, especially in high-need schools.
  • Reporting Brooklyn: Beyond the Style Section
    Source: RE: Philanthropy, August 24, 2011
    In this post on the Council on Foundations' blog, Marilyn Gelber, President of the Brooklyn Community Foundation, talks about BCF's upcoming journalistic partnership with CityLimits.org, the Brooklyn Bureau.
  • Philanthropy: How the major financial institutions are helping
    Source: Reuters Money, August 22, 2011
    This blog post examines philanthropic services at prominent financial institutions, including Bank of America, Morgan Stanley, and UBS.
  • Philanthropy Gains Eager Followers in B-Schools
    Source: Bloomberg Businessweek, August 17, 2011
    This article about the increasing number of MBA and undergraduate courses on philanthropy also examines the Strategic Philanthropy class taught at Columbia Business School by Melissa Berman, President and CEO of Rockefeller Philanthropy Advisors.
  • Rockefeller Foundation to Spread Millions
    Source: The Wall Street Journal, August 12, 2011
    The foundation announced the winners of its 2011 New York City Cultural Innovation Fund competition.
  • Rockefeller Foundation, Partners Launch Initiative on Role of Philanthropy in International Development
    Source: Philanthropy News Digest (PND), August 10, 2011
    The Bellagio Initiative will bring together respected thinkers in the fields of philanthropy and international development to consider key issues likely to shape the future well-being of humanity and identify new opportunities for joint action by philanthropic and development organizations.
  • Union to launch education program for at-risk students
    Source: Tulsa World, August 9, 2011
    The program, aimed at breaking down economic and social barriers to a quality education, will be funded in part by a grant from the Edna McConnell Clark Foundation.
  • Making Medical Donations Work
    Source: The New York Times, August 9, 2011
    This post on the Times' Opinionator blog about the right ways to donate surplus medical equipment and supplies to poor countries also talks about initiatives from The Atlantic Philanthropies to improve healthcare in Vietnam.
  • FINS: Citi To Hire 500 Military Veterans
    Source: The Wall Street Journal, August 5, 2011
    Citigroup already employs at least 1,500 people who identify themselves as former soldiers and sailors, 150 of whom joined the firm this year. Most of the upcoming hires will work in operations and technology roles, according to an internal memo by CEO Vikram Pandit.
  • Mayor Bloomberg Announces Young Men's Initiative [Video]
    Source: NY1, August 4, 2011
    The Young Men’s Initiative, a comprehensive effort to tackle the broad disparities slowing the advancement of black and Latino young men, will receive $30 million from the Campaign for Black Male Achievement at the Open Society Foundations. George Soros, Founder and Chairman of OSF, also speaks during this press conference, and Mayor Bloomberg thanks Ana Oliveira, President & CEO of The New York Women’s Foundation, whose work led to the creation of the initiative.
  • Report: Gates Foundation gave away $2.5B in 2010
    Source: ABC News, August 3, 2011
    The foundation also used the services of the Center for Effective Philanthropy to track grantee feedback, as does The Wallace Foundation; Gates Foundation CEO Jeff Raikes mentioned Wallace as an organization his foundation wants to emulate in this regard. (Wallace's Lucas Held and Edward Pauly also share their thoughts.)
  • New York Teams Up With IBM to Reboot a High School
    Source: The Wall Street Journal, August 1, 2011
    This fall, New York City will open P-Tech, a unique six-year high school where students can earn a diploma and an associate's degree in a computer-science-related field and a chance for a job with IBM; the new school was in large part created by the IBM International Foundation.
  • Your Philanthropy Roadmap
    Published by Rockefeller Philanthropy Advisors, August 2011
    PDF, 1.55 MB

    The latest in a series of guides engaging and educating donors—notably new and emerging ones—in planning, implementing, and sustaining effective philanthropy programs, Your Philanthropy Roadmap introduces the approach RPA has been using successfully for some time to guide donors along their philanthropic journey.
  • Innovation from the Bottom Up
    Source: The New York Times, July 28, 2011
    This post on the Times' Dot Earth blog talks about an “innovation forum” held by the Rockefeller Foundation to explore ways to sustain cities and access to water and food as human numbers increase in the coming decades. (The post also includes several portions of foundation president Judith Rodin's speech from the meeting.)
  • Study Finds Medicare Drug Plan Reduces Health Spending
    Source: The New York Times, July 27, 2011
    The study discussed in this post on the Times' Prescriptions blog was supported in part by the Doris Duke Charitable Foundation.
  • The New York City culture club
    Source: Crain's New York Business, July 24, 2011
    This compilation of some of the most important private donors to New York City's arts and cultural institutions features Tim McClimon and the American Express Foundation; Jeff Barker and Bank of America; Mayor Bloomberg and Bloomberg LP; Alessandra DiGiusto and Deutsche Bank Americas Foundation; Luis Ubiñas and the Ford Foundation; Shelby White and the Leon Levy Foundation; Don Randel and the Andrew W. Mellon Foundation; David Rockefeller; Target; and Laurie Tisch.