Giving & Receiving

Upcoming Events

Family Enterprise Hosted Events:

Nov. 15, 10am Mtn - In Conversation With... Peter Jaskiewicz on NextGen Leadership via Zoom
Feb. 7, 2024 10am Mtn - In Conversation with... Rhodri Davies on Why Philanthropy?

Where can you find us this quarter? With clients across Canada we will be meeting with families and conducting charity site visits in:

Denver, CO

Montreal, PQ

Winnipeg, MB

Vancouver, BC

Victoria, BC

Toronto, ON

Book a time for a coffee when we are in your city!

Schedule a Meeting

Fall is in the air which means that American Thanksgiving and the Winter Holidays are just around the corner. This is also the time of year that we are conducting charity site visits, facilitating family meetings, updating holiday giving budgets and meeting with other advisors as they plan out their clients' philanthropic activities.

So it seems fitting that we talk about Giving & Receiving, Grantmaking, Holiday Philanthropy and new this year, Indigenous Grantmaking. This is also a good time to start talking about the longevity of your giving plan.

We have also launched a blog series on sunsetting your foundation (winding down your giving). Over the course of the next few weeks we will answer six questions and highlight things to consider in planning your Foundation's exit.

Of course, we also have our 2023 Charity List. These are the organizations that our clients and donors have supported this past year.

Peter Jaskiewicz

NextGen Leadership

Date: November 15th, 2023

10 am MDT via Zoom

Join Karma & Cents for our next “In Conversation With…” where we will be discussing Peter's new book Enabling Next Generation Legacies.

Peter's research focuses on entrepreneurship and family business. His most recent book explores areas of transgenerational entrepreneurship and corporate reputation in family and founder firms.

Rhodri Davies

What is Philanthropy For?

Date: February 7th, 2024

10 am MDT via Zoom

We kick off 2024 with a discussion that is at the core of the work that we do at Karma & Cents... What is philanthropy for?

Rhodri Davies is a widely-respected expert and commentator on philanthropy and civil society issues. He is Director of Philanthropy Matters, a think tank focused on philanthropy issues, and the host of the Philanthropisms podcast.

Feature Articles

Sunsetting Photo credit Harrison Candlin

Sunsetting a Foundation:

A Blog Series

Sunsetting or closing down a foundation or Donor Advised Fund (DAF) combines emotions with transactions. Over a series of blog posts, we will answer questions on How, When and Why to sunset a foundation.

In the first post we identify six questions to consider when planning to sunset your foundation. These six questions will be addressed throughout the series.

The first of the Sunsetting a Foundation series can be found here.

Grantmaking:

Less is More

Granting making can be arduous for both the charity requesting the funds and the grant-maker. An initiative in Germany called "Less is More" was pulled together by a group of foundations in Germany and Austria "In order to provide foundations with ideas on how they can strike a balance between trust and control in grant relationships."

The Grantmaker's Toolbox focuses on five areas that most Funders encounter during the course of a relationship with a Grantee:

Funding applications
Reporting
Restrictions and Flexible Funding Models
Agreements and Contracts
Leveraging Other Non-Monetary Assets (the 4 T's of philanthropy)

A copy of the Toolbox can be found here.

Navigating Family Philanthropy:

From How to Why

Listen to Gena Rotstein on the Legacy Builders: Strategies for Building Successful Family Enterprises. Gena speaks with Cory Gagnon about guiding high net-worth families to find the balance between family values, financial success, and social change.

Listen here on Spotify.

Meet our People

Indigenous Grantmaking

David Turner

A Non-Status Saulteaux from Pinaymootang First Nation in Manitoba and African American, David is an independent consultant with a Diploma of Social Work (Honours) from Mount Royal College in Calgary.

David has 30 years of experience facilitating complex government contracts, public relations, and stakeholder relations with Indigenous communities across Canada. His current consulting activities include meeting facilitation, team development, cross-cultural understanding and creating bridges working with mainstream Canadians and Indigenous communities.

For 6 years, David served as a Director on the Aboriginal Healing Foundation (AHF) Board. The AHF was responsible for distributing funding to First Nations, Metis and Inuit Communities for residential school healing.

To learn more about the work that David is undertaking please visit our website.

Reflections on Truth & Reconciliation

September 30th is the Day for Truth & Reconciliation in Canada. In his first blog post for Karma & Cents, David Turner reflects on the days leading up to September 30th and what it means to set aside time for reflection on Canada's Origin Story.

Resources for Advisors & Donors

Did you know that Karma & Cents' website has a wealth of resources to help you on your journey to Philanthropy 3.0, including guidance on charitable giving, social impact investing, and legacy planning? Each newsletter we will highlight some of these resources and where to find them.

Karma & Cents has a Bookshelf on our website. Check it out today to find great reads on philanthropy, giving, community, family foundations and legacies, wealth and more. Do you have a recommendation of a book that should be added? Contact us to share the title.

Do you keep track of your digital footprint? Check out our Digital Footprint Checklist, a chart to track your passwords and accounts for yourself, as well as Next of Kin and Executor of your Estate.

Featured P2G Donor Advised Funds

Click the links below to read about the P2G Donor Advised Funds and projects we highlighted this quarter. Follow us on LinkedIn or Twitter to learn more about the Donor-advised Funds we support.

From Breakthrough Community Change - Book Review

Population change grantmaking is hard work. This past quarter we had the opportunity to chat with Paul Born about his most recent book, Breakthrough Community Change. Prior to this discussion, when we talked about large-scale or Big Bet funding, it was referred to as system-level grantmaking. This book challenges the reader to move from the distant or disconnected funding of systems to the more integrated or personal funding of populations.

Big Bet funding requires funders, Grantees and End-Users to come to the table with open minds. The solution may not be as self-evident as one thinks. Conversations starting from a place of curiosity is a key characteristic of how communities move the dial on the complex issues that they face.

To Purchase This Book

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