LEAP UPDATES
Knowledge has to be improved, challenged, and increased constantly, or it vanishes. --Peter Drucker
Welcome to the archive of monthly Leap Updates from Mario Morino and Lowell Weiss. The final Leap Update was published in March of 2022.
Great Ways to Squander Your Money
Last month’s update, “Fool Me Ten Times, Shame on Me,” struck a chord with many of you. This month, we’ll stay with the theme of unforced funder errors and share five more examples of 💩 that funders routinely step in.
Fool Me Ten Times, Shame on Me
This week, Lowell will conduct the first of a series of learning sessions for an entrepreneur at the very beginning of his philanthropic journey. He’ll ground the session in borrowed wisdom from the W.K. Kellogg Foundation’s Tom Reis: “All new philanthropists get a black eye. That’s fine—and can actually be a good learning experience. But if they get ten black eyes, they’ll say, ‘To hell with it!’ So help them avoid repeated black eyes. Help them learn from others’ mistakes.”
Going to Bat for Grantees
One of Lowell’s foundation clients is in the midst of a generational succession and looking with new eyes at some long-established practices. Two practices under review are the foundation’s default…
The Right Was Right on This
In the fourth installment of our continuing series of mini essays on the “Five Habits of Highly Effective Funders,” we turn this month to this core habit: “Effective foundations help grantees strengthen their organizations, not just programs.” Thanks to a productive meeting we attended last week at the Ford Foundation, we’re charged up with new insights to share. The leaders of Ford’s BUILD initiative convened the meeting with…
A Paradoxical Mix of Arrogance and Insecurity
In our continuing series of mini essays unpacking each of the “Five Habits of Highly Effective Funders,” we’re going to drill down on the number-one success factor for foundations that aspire to help grantees become high-performance organizations: having talented, empathetic leaders at the trustee and executive levels. Lowell just got an inspiring dose of…