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In this Issue
March 30, 2012

Quote of the Day

Howard Excited About SECF Conference on Investing

Equity Investment In Nonprofits Spurs Returns

Nonprofits Urged To Improve Financial Literacy

Big Grant Makers Don't Expect to Increase Giving in 2012

Jeff Skoll: One of the most Creative, Generous, and Effective Philanthropists of his Time

The Role of Brand in the Nonprofit Sector

Mission: Innovation




SECF Board Chair Dr. Karen McNeil-Miller has launched her Just One Campaign. Just One encourages each SECF member to introduce one foundation to SECF in 2012.
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See what your colleagues in philanthropy are talking about.
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Love is the emblem of eternity; it confounds all notion of time.
-Anna Louise de Stael


New Innovative Investment Conference Focus and Format Excite Committee Chair!

SECF Member and Conference on Investing Planning Committee Chair Randy Howard has been here before! It’s his third year serving on the conference planning committee and his second year as chair. However, he is more excited about this year’s Conference than ever before. As President of 501 Advisors, Inc. and a contract CFO with the Cameron Foundation in Virginia, Howard is looking forward to the conference in Atlanta on April 10-11, 2012. "I see something different this year in the trustees and directors. I see in their eyes that they really want to do a good job.”
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Equity Investment In Nonprofits Spurs Returns

Providing significant, multi-year investment in the capacity and sustainability of a nonprofit can yield social returns by increasing an organization's services and revenue, a new report says. In one set of such "philanthropic equity investments," nonprofits' services grew 370 percent, while revenue increased 170 percent, says the report from the Nonprofit Finance Fund's NFF Capital Partners.
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Nonprofits Urged To Improve Financial Literacy

Nonprofits are making better use of metrics and other tools to inform their financial decision-making but still have a lot of room to improve, a new report says. While 76 percent of over 500 nonprofit financial-management professionals responding to a survey consider themselves to be knowledgeable in financial principles and concepts, for example, 17 percent see themselves as novices in terms of their level of financial knowledge, says Financial Literacy and Knowledge in the Nonprofit Sector, a report from The Center on Philanthropy at Indiana University.
Full Story Here


Big Grant Makers Don't Expect to Increase Giving in 2012

Most of the nation’s biggest foundations aren’t increasing their grant making in 2012, a new Chronicle study finds. That’s tough news for grant seekers since most foundations didn’t expand their giving in 2011, either. Of the 96 foundations in the survey that offered grant-making projections for 2012, 68 said they plan to give the same amount this year or less than in 2011.
Full Article Here

Jeff Skoll

Jeff Skoll is one of the most creative, generous, and effective philanthropists of his time. And at age 47, he’s just getting started.

One of Jeff Skoll’s passions is storytelling. It stems from his youth, when he hoped to be a writer and inspire people to help solve the world’s biggest problems. Skoll took a detour on that path—moving from Toronto to Silicon Valley, where he met Pierre Omidyar and became eBay’s first employee and president. That detour, however, was fortunate, because it has enabled him to tackle his early passions on a scale that he could only have dreamed.
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The Role of Brand in the Nonprofit Sector

Many nonprofits continue to use their brands primarily as a fundraising tool, but a growing number of nonprofits are developing a broader and more strategic approach, managing their brands to create greater social impact and tighter organizational cohesion.
Full Article Here

Real Innovation in Social Change Lies in Reinvention

Opinion

"Innovation” has become such a buzzword lately, particularly among people working on social change. But let’s take a step back and talk about what the word could really mean. Innovation is more than just new ideas. To me, it means taking a completely new approach to how we finance, structure, and prove social change.
Full blog here

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