Effective grant making often involves the risk of failure. So why keep trying? This post from our archives explains some of the reasons.
Sometimes it seems impossible to tell the difference between good grants and bad ones. If we feed the hungry and house the homeless, it feels good but the lasting result is to encourage dependency. If we fund groundbreaking research on how to address poverty, the connection between our grant and the end result is usually hard to see.
Accepting accolades and congratulations from a grantee for our generosity, wisdom or hard work should make us skeptical. Are we really so selfless and smart? Or do these grantees need our money so much that they will say anything to get it? And if that is the case, have we done anything to help our grantees become more independent or is our grant just another link in a chain of endless handouts?
One of my favorite stories about philanthropy is a much criticized grant for medical research that was made in the…
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