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Full-Text Articles in Business
Leading With Shared Values: Developing A Charter Of Principles For Philanthropic Partnerships, Cheryl A. Maurana, John R. Raymond, Christopher Stawski, Joseph E. Kerschner, James C. Rahn
Leading With Shared Values: Developing A Charter Of Principles For Philanthropic Partnerships, Cheryl A. Maurana, John R. Raymond, Christopher Stawski, Joseph E. Kerschner, James C. Rahn
The Foundation Review
The rise of greater individuality in giving — in diversity of beliefs and donor preferences — has resulted in a need to ensure alignment of values and expectations between those entering into funding relationships, and therefore a need to return to giving that recognizes the importance of conditions and considerations that undergird the partnership between the philanthropic organization and awardee.
The Kern Family Foundation’s nearly $88 million investment in the Medical College of Wisconsin represents one example where creating a charter was pivotal to a partnership’s effectiveness. Their charter describes a commitment to shared values, including character, caring, and practical …