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Talent Philanthropy News | Vol 1, Issue 2 - July 2016
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Updates from the #FundThePeople Movement
The Value of Investing
in Nonprofit Talent!
Greetings friends!

On behalf of the Talent Philanthropy team, I hope you had a fabulous Fourth of July holiday. Even as we celebrate independence, we acknowledge the interdependence of our communities and nations as we face down violence and extremism domestically and around the world. Now more than ever the humanitarian and bridge-building work of philanthropy and nonprofits offers an important reminder that things can get better -- and that we can make it happen together.

In this email, we first offer updates on our activities at Talent Philanthropy, then we begin an exploration of the incredible value generated when funders and social sector leaders prioritize investment in nonprofit professionals. The return on investment is tremendous for individuals, their organizations, the communities they serve, and the funders who support their work. This all may seem common sense--and it is. Unfortunately, it is not yet widely believed or (more importantly) practiced daily in our field. That is why Talent Philanthropy is here.

I invite you to explore the links we've provided, and share this email with colleagues. And feel free to contact me to let me know what you find useful and what you would like to see in the future!

Warmly,

Rusty M. Stahl
President and CEO
Updates from Talent Philanthropy...
Funders Convene to Share Ideas
for Investing in Grantee Workforce
Talent Philanthropy convened a unique 2-day retreat for funders to share how and why they invest in staff development in grantee organizations and the nonprofit sector more broadly. The retreat brought together 30 diverse leaders from diverse foundations to exchange ideas, learn from Talent Philanthropy's work, and build new knowledge together. Read more...
Talent Philanthropy Team
Rocks Out at Summer Retreat
Left to Right: Russ Finkelstein, Senior Advisor; Poonam Singh, Consultant for Diversity, Equity and Inclusion; Yolanda Caldera-Durant, Director of Programs; and Rusty Stahl, President and CEO

Talent Philanthropy's team of staff and consultants met for our summer retreat in San Francisco in June. We spent two days analyzing our progress since our January 2016 team retreat, and planning for the coming six months. We learned from guest speaker David Greco, the lead consultant on California's Real Costs Project, which is helping funders consider what it actually takes for nonprofits to run programs and achieve results - including the real costs of compensating, training and retaining nonprofit professionals. Our evaluation advisors Jara Dean-Coffey and Jill Casey of jdcPartnerships guided us as we selected internal evaluation questions to help us track our progress against our theory of change and logic model. And, of course, we discussed our strengths and challenges, and shared some great meals!
Workshop: Nonprofit HR Execs
Can Help Fundraise for Talent!
On April 18, Talent Philanthropy was honored to present a special session at the Summit on Nonprofit Talent and Culture, which is hosted by our friends at Nonprofit HR. The session featured our Senior Advisor Russ Finkelstein and Advisory Council member Pritichi Shah of Flourish Talent Management Solutions, who discussed the need for nonprofit HR professionals to work with executive directors and development staff to ensure that they are informing funders about the human capital strengths and needs of their organizations.   
Resources from the field...
Evaluation of the Month:
Evelyn & Walter Haas, Jr. Fund's
Flexible Leadership Awards
Smart business investors and managers have known for years that investing in employees leads to increased profit. Ironically nonprofit funders and managers unfortunately often don't often share this understanding. However, there is a growing recognition among diverse grantmakers that investing in nonprofit professionals can increase nonprofit performance, results and sustainability. In this new section, we are pleased to highlight rigorous evaluations of different foundation investments in nonprofit leadership.
The Haas Jr. Fund offers brief videos and a report featuring data from a five-year evaluation of their Flexible Leadership Awards (FLA). The program focuses on the linkage between leadership development within a grantee and the program goals of the organization. This study finds that FLA grantees were highly successful in meeting their program and leadership development goals, and much of their success can be reasonably attributed to their participation in FLA. Read the evaluation.
Book of the Month:
The Human Equation
Interested in learning about how the leading thinkers in business and management view the value of investing in employees? Look no further.
Why is common sense so uncommon when it comes to managing people? In his provocative book, The Human Equation, Jeffrey Pfeffer (Stanford University School of Business) asks us to re-think the way we link employees with organizational performance. Pfeffer offers seven practices of high-commitment management, and provides data from rigorous studies that, together, build a powerful business case for managing people effectively—not just because it makes good policy, but because it results in outstanding performance and results. Get the book on Amazon.
Talent Philanthropy is the national campaign to maximize foundation investments in the nonprofit workforce. We are a project of Community Partners. Visit us: fundthepeople.org
Copyright © 2016 Talent Philanthropy, All rights reserved.

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