Business Commons^™

Editorial, Jason Franklin

The Foundation Review

No abstract provided.

Business Communication For Success - Gvsu Edition, Unnamed Author, Mark Schaub, Jenniffer Eckert, Anessa Fehsenfeld, Rhonda R. Hoffman, Adam Krusniak, Tami Mccoy, Rachel Jean Norman, Julian Toscano

Open Textbooks

About the GVSU Edition

This text is an adaption of Business Communication for Success, an open textbook produced by the University of Minnesota Libraries Publishing in 2015.

Chapters 9, 18, and 20 of Business Communication for Success: GVSU Edition were revised and rewritten by student authors in 2017, as part of a course in the Writing Department at Grand Valley State University. All other chapters retain the content and formatting of previous editions.

Note about the 2015 edition:

The edition produced by the University of Minnesota Libraries Publishing University of Minnesota Libraries Publishing was itself adapted from a work …

Executive Summaries

The Foundation Review

No abstract provided.

Front Matter

The Foundation Review

No abstract provided.

Full Issue

The Foundation Review

No abstract provided.

Foundations As Network Strategists, Weavers, And Managers: Learning From One Foundation’S Journey And Results, Clare Nolan, Brian Souza, Michael Monopoli, Marianne Hughes

The Foundation Review

This article shares insights from a five-year evaluation of the Oral Health 2020 network, an effort by the DentaQuest Foundation to align and strengthen efforts in service of a national movement to improve oral health. The evaluation helped to place the foundation’s journey in the context of a broader field seeking new approaches to achieve deep and sustainable social change.

The foundation’s approach was informed by several ideas that have gained momentum in the social sector, including collective impact, networks, systems change, and equity – all of which challenged the foundation to take a nontraditional approach that combined the roles …

A Community Foundation’S Experience Implementing And Evaluating General Operating Support, Annemarie Riemer, Erika Frank, Hedda Rublin, Susan Merrow-Kehoe

The Foundation Review

In 2013, the Hartford Foundation for Public Giving began to offer unrestricted general operating support grants in response to grantees’ expressed need. The foundation hired Technical Development Corp., a Boston consulting firm, to evaluate the process and implementation.

This article shares early indicators of the impact of the new grantmaking approach on both grantees and the foundation. Grantee outcomes include enhanced infrastructure and financial health, continued progress on strategic plan goals, and more creative thinking about programs. Beyond the adoption of a new funding option, the decision led the foundation to modify its overall grantmaking process.

The greatest challenge – …

A Neighborhood-Based Family Center Redesign Process: Taking A Systems Perspective, Patricia Bowie, Richard Sussman

The Foundation Review

This article describes how the Hartford Foundation for Public Giving, with a subset of its grantees and their program recipients, teamed with the UCLA Center for Healthier Children, Families & Communities to redesign its evaluation process.

The foundation’s shift from traditional program evaluation to a more participatory, learning-focused approach resulted in new tools to assess variables that had been previously unexamined but were critical to program success.

This article examines the redesign process and those new tools – the data from which are being used to improve employee engagement and front-line practice as part of a cross-agency learning network – …

The Missing Link For Maximizing Impact: Foundations Assessing Their Capacity, Melinda Fine, Jared Raynor, Jessica Mowles, Deepti Sood

The Foundation Review

A rapidly changing, global sociopolitical environment requires foundations to be nimble in maximizing opportunities to advance their agendas. At the same time, grantmakers are establishing ever more ambitious goals that often require grantees to function at peak capacity. Why, then, have more foundations not assessed their own institutional capacity?

This article discusses an assessment of 54 foundations that participated in taking a new tool, developed for funders by TCC Group, to explore five core capacity areas shown to be central to organizational effectiveness. The Foundation Core Capacity Assessment Tool’s findings should not be seen as a report card, but rather …

Foundations Don’T Know What They’Re Risking, Maya Winkelstein, Shelley Whelpton

The Foundation Review

Critical gaps exist in philanthropy’s definitions of and approach to risk management. This article describes the scope of the problem and a framework for philanthropists to adopt risk-management practices that better equip the sector to address the challenges of our time.

In 2015, the Open Road Alliance surveyed hundreds of funders and grantees to explore questions about risk and contingency funding. The next year, Open Road partnered with Arabella Advisors for a qualitative analysis of existing foundation policies and procedures related to risk. The combined results suggest a need for contingency funding – and a lack among most funders and …

Insights From Deploying A Collaborative Process For Funding Systems Change, Alison Mccarthy, Jacob Bornstein, Tiffany Perrin, Jennifer James, Bill Fulton

The Foundation Review

Many foundations are seeking to impact root causes of social issues through funding initiatives that are both technically and socially complicated and where past experience is no guarantee of success. These situations exhibit the growing need for more adaptive funding approaches, such as emergent philanthropy.

This article looks at an application of emergent strategy at the Colorado Health Foundation. It shares tools used to design the funding approach for the foundation’s Creating Healthy Schools initiative, including support for grantees in refining their grant-proposal budgets and activities, decreasing duplication, and leveraging resources more effectively.

This article will look at lessons learned, …

Why Some Perpetual Foundations Aren’T (Perpetual): Observations On The Importance Of Inflation Effects On The Economics Of Foundations, John Riche Ettinger

The Foundation Review

This article demonstrates the relevance of correctly accounting for inflation to foundation structure and programs – including, for example, in analyzing perpetual versus spend-down strategies and in comparing the cost-effectiveness of programs over different time periods. Investment teams must also be provided with return targets, which are highly sensitive to inflation and which in turn determine a risk estimate that must be considered by foundation fiduciaries.

Seemingly small differences in inflation estimates will become material over time. But at many foundations, systematic biases are frequently built into inflation estimates. These biases are often attributable to a failure to consider the …

The Philanthropy As One Big Impact Investment: A Framework For Evaluating A Foundation’S Blended Performance, Rohit T. Aggarwala, Claudine A. Frasch

The Foundation Review

While some foundations have put their entire focus on impact investing, philanthropy still lacks the tools that enable such investments to be made with the same rigor as the best financial investments and philanthropic grants. This reveals a more fundamental problem: We do not currently manage foundations as the integrated portfolios that they are.

This article proposes a framework for evaluating a foundation’s blended performance that enables both grantmaking and endowment investing to be evaluated jointly, and thus also allows a complete evaluation of how impact investments could improve — or fail to improve — overall performance.

The article demonstrates …

Back Matter

The Foundation Review

No abstract provided.

Staying The Course: How A Long-Term Strategic Donor Initiative To Conserve The Amazon Has Yielded Outcomes Of Global Significance, Jared Hardner, R.E. Gullison, Elizabeth O’Neill

The Foundation Review

This article examines how the design principles of a major philanthropic initiative have influenced its performance, and provides a practical example of strategic philanthropy that can contribute to the current debate over the merits and flaws of this approach.

The Gordon and Betty Moore Foundation’s $369 million Andes Amazon Initiative, one of the largest private environmental conservation initiatives ever, reflects the values of the Moore family by focusing on conserving important biodiversity and wilderness areas such as the Amazon. “Making a difference” in the context of the Andes-Amazon has required adherence to the foundation’s founders’ principles of investing at sufficient …

Marguerite Casey Foundation: Reflecting On 15 Years Of Philanthropic Leadership Through A Summative Evaluation, Mavis Sanders, Claudia Galindo, Luz Vega-Marquis, Cheryl Milloy

The Foundation Review

This article presents the findings of a summative evaluation of the Marguerite Casey Foundation that was conducted on the occasion of its 15th anniversary. The evaluation was designed to gauge stakeholders’ perceptions of the foundation’s operations to facilitate organizational learning. In sharing these results, the authors seek to elucidate the role of evaluation as a learning practice within the field of philanthropy.

The article describes the foundation’s organizational elements and evolution and discusses key themes that emerged from qualitative data collected from foundation leaders and staff, as well as findings from a survey of current grantees.

The article presents a …

Editorial, Teri Behrens

The Foundation Review

No abstract provided.

Using Technology To Monitor Honey Bee (Apis Mellifera) Winter Clusters: A Study In Comparative Advantages Of Thermal Imaging And Temperature/Humidity Sensing Technologies, Andrea Kress

Honors Projects

Introduction: Wintertime is difficult for many beekeepers, as honey bees must keep themselves warm and dry while surviving on food stores from previous seasons ^[4]. Honey bees are able to survive such cold temperatures by vibrating their bodies in a cluster, which moves throughout the hive, to keep themselves and the queen warm and dry ^[4]. Outside temperatures greatly influence the efficiency of the internal cluster of the hive ^[4]. Honey bee colonies have the most efficient (i.e. least amount of energy spent and least amount of food stores used) clusters when the outside temperature is between …

From Shelf To Screen: Marketing In The Digital Age, Anna Bouwkamp

Honors Projects

No abstract provided.

Economic Impact Analysis On Olympic Host-Cities, Michael P. Overmyer

Honors Projects

When a city decides to undertake an Olympic Games, they do so with the notion that hosting the Olympics will provide many direct financial benefits to the city in addition to countless other indirect benefits. Like many activities, the Summer-Olympic Games tend to be more popular when it is warm, and this paper will focus on only the previous five Summer Olympic Games. As host cities look to cash in on the Olympic Games popularity, the number of Olympic infrastructure projects has skyrocketed, leaving many cities with facilities that cost hundreds of millions of dollars to build and nothing to …

Preparing For The Merit-Based Incentive Payment Structure: A Value-Based Business Plan, Ali R. Saheb

Doctoral Projects

The notion of delivering value-based care while maintaining corporate vitality in health care is a multifaceted process. Shaping a business model to reflect this process requires the alignment of quality implications, reimbursement initiatives, a framework that takes into account stipulations on reimbursement for different types of clinicians, and an understanding and preparedness for emerging guidelines and nationally recognized structures for quality indicators. When organizations recognize the need for change, but are not yet prepared to implement it, a comprehensive business plan can help the organization visualize a path to success. In this project, the foundation of requirements for a value-based …

Tuition Toss Up: An Economic Analysis Of Public And Private University Tuition And Fees, Alex Nannetti

Honors Projects

In a society where post-secondary education is a near necessity, examining the true cost of university is an important factor to consider when determining the benefits of higher education. While the long run career benefits of a bachelor’s degree are undeniable, the exponential rise in university tuition is a concern for many. This paper examines public and private universities ranked in U.S. News and World Report’s Best Colleges Ranking: National Universities Ranking and analyzes their fiscal and academic differences. Using economic analysis, the following attempts to determine if public or private universities are a better overall investment when considering the …

Hierarchy In The Medical Field, Rachel M. Eaton

Honors Projects

Prior to volunteering in a southern United States hospital setting I had only my preconceptions of hierarchy in medicine, but this hospital had a different reality. At the hospital, I noticed a decreased sensitivity to the hierarchical structure of medical professionals in the hospital. I was able to learn that these professionals intermingled very well. As a volunteer on a floor, I could not even differentiate between the different professions, as they all wore similar uniforms and interacted with everyone on the floor. While participating in this volunteer program, I noticed how the health professionals at Arkansas Children’s Hospital used …

The Laker Dream: A Short Guide For Grand Valley Students, Lucas Escalada

Honors Projects

No abstract provided.

Executive Summaries

The Foundation Review

No abstract provided.

Changing In Place: The Skillman Foundation, Detroit, And The Good Neighborhoods Initiative -- How Did A Hometown Grantmaker Conduct And Conclude Its Largest-Ever Initiative?, Marie Colombo, Bob Tobin

The Foundation Review

At work where Detroit’s kids live. In 2006, the Skillman Foundation committed $100 million to a decade-long investment in six neighborhoods. (See Figure 1, page 83.) Through this Good Neighborhoods Initiative, the foundation directed a majority of its grantmaking toward an intensive focus on changing the conditions where, at the time, one-third of Detroit’s children lived. The goal was to ensure that children in those places were safe, healthy, welleducated, and prepared for adulthood.

The initiative concluded in 2016, ultimately spanning 11 years and involving $122 million in grants, which represented 67 percent of the Foundation’s total grant spending in …

Editorial, Teri Behrens

The Foundation Review

No abstract provided.

Partnership With Government: An Exit Strategy For Philanthropies?, Colin Knox, Padraic Quirk

The Foundation Review

This article is a case study of Atlantic Philanthropies’ work in Northern Ireland, where it supported three thematic intervention areas: aging; children and young people; and reconciliation and human rights. Atlantic, a limited-life foundation that has been making grants since 1982 in eight countries, will close down by 2020 and is engaged in an exit strategy.

Atlantic’s original funding approach involved supporting key nongovernmental organizations to drive and advocate for change; its work helped to support and consolidate the peace process in that country. Its exit strategy has involved a formal partnership arrangement with the Northern Ireland Assembly to take …

Evaluation At Sunset: Considerations When Evaluating A Program As It Concludes, Blair Beadnell, Holly Carmichael Djang, Jan Vanslyke, Barbara Andersen

The Foundation Review

While the benefits of beginning evaluation efforts at a program’s inception are well known, for a variety of reasons many organizations are unable to do so and instead begin these efforts closer to a program’s conclusion.

Previously reported findings from a sunset evaluation of the Orfalea Foundation’s School Food Initiative showed positive outcomes of the initiative’s activities and provided recommendations for organizations interested in engaging in similar efforts. Because the evaluation was begun as the foundation’s activities were winding down, it required creative design approaches.

This article uses the evaluation of the Orfalea Foundation’s initiative to provide a case example …

Breaking Up Is Hard To Do, Barbara Kibbe

The Foundation Review

What do funders leave behind when they exit? What is lost? Are there approaches to exits that are more effective at preserving the results of good work? Through interviews with 19 professionals who have experienced or are currently working through a foundation exit, this article draws on stories of more than a dozen such exits to fill the gaps in what is known about how to exit well.

This article discusses four areas where foundation exits present particular challenges and where there are significant opportunities to improve practice – deciding on and planning to exit, funder leadership, clear communication, and …