In 2001, when Paul Grogan was named president of the Boston Foundation (the nation’s 15th largest community foundation in 2012), it was understood that the revered but diffident institution was headed for an abrupt change in profile. Grogan, a former top city official in Boston, had spent more than a decade presiding over explosive growth at the Local Initiatives Support Corporation (LISC), the nation’s premier community development investment organization. Throughout his career he had thrived in the spotlight and worked hard to earn a reputation as a colorful and forceful advocate.
Economist Zoltan Acs, who has made his academic mark mostly by thinking and writing about entrepreneurship, has lately trained his lens on philanthropy, in an engaging book called Why Philanthropy Matters. Appropriately, for a scholar of the entrepreneurial impulse, Professor Acs spends much of his book talking about the kind of philanthropy practiced by wealthy and successful people during their lifetime, and how that kind of enterprising philanthropy benefits society.
Sixteen years ago, William P. Ryan, a philanthropy scholar and consultant, wrote an epochally influential article in the Harvard Business Review, with co-authors Christine W. Letts and Alan Grossman, called “Virtuous Capital: What Foundations Can Learn from Venture Capitalists.” One early and enthusiastic reader of that article was Michael Bailin, then president of the Edna McConnell Clark Foundation.
The Center for Strategic Philanthropy and Civil Society is pleased to announce the publication of Changing the Game: Civic Leadership at The Boston Foundation, 2001-2012, by Paul S. Grogan, President and CEO of The Boston Foundation.
"Scaling Up" in a Time of Scarcity: Some Experiences, Observations, and Caveats (Part III)
I believe that women will in large part shape the future of philanthropy.
In the midst of the mess in 2009, TPI undertook a qualitative research project to find out what corporate philanthropic leaders—past and present—were thinking and doing. For the most part the responses were encouraging in spirit, and the on-the-ground changes in practice were as you would expect.