The Professional's Guide to Strategic Philanthropy
Dr. Harrell recently surveyed a group of health legacy foundations and discovered a remarkable shift among health legacy foundations from a narrow definition of “health” to a much broader definition. Compared to previous surveys in which a majority of health legacy foundations operated under a traditional definition of health, today, 75% reported that their grantmaking extended into the larger community to include new domains such as “economic development”, “public safety”, “public education”, “environmental issues” and “public policy”. The more traditional definition of health tended to focus on domains like “cancer”, “clinics”, “access”, “diabetes”, “obesity”, “hospitals”, “medical schools”, etc.
The shift in viewpoint was likely to affect grantmaking in three ways. First, assets devoted to traditional health topics may have been restricted. Second, assets devoted to unconventional domains probably grew. Third, new grant types and tools were being introduced in addition to classics. Client is now researching expanded opportunities for impact in community economic vitality and economic development in addition to its traditional health domains.
Click the "Challenges Survey 2016" below to read more.