A Message from the Greater Houston Community Foundation 
June 9, 2016
In This Issue:
Donors and Friends,

We hope you enjoy this condensed Summer edition of Insights. We'll take a break and return with the next issue in August 2016. In the meantime, don't hesitate to contact us with questions or suggestions.

Wishing you a fun and relaxing Summer,

The GHCF Team 

UPCOMING EVENTS

Save the Date!

Understanding Houston

Focus: Early Childhood Education
Saturday, September 10, 2016

9:00 AM - 12:30 PM

Cooley Center at UTHealth
Registration opens in August

Fall Forum featuring 

Richard Florida

Presented in partnership with the Kinder Institute for Urban Research
Thursday, October 6, 2016
6:30 PM
Museum of Fine Arts Houston Registration opens in September
LINK ROUNDUP
Featuring the latest thinking and commentary from the field of philanthropy.
One Size Doesn't Fit All
Pay-What-It-Takes Philanthropy in Stanford Social Innovation Review, highlights new research from the Bridgespan Group that shows that flat overhead rates are not the best indicators and 15% is too low. The article describes how different nonprofits have different indirect cost structures depending on what they do and how they do it. 
The Payoff for Betting Big
Give $1 billion to initiatives that incentivize upward mobility for people trapped at the bottom and get a 300% return on investment.  The Atlantic takes a look at the payoff of betting on the American Dream.
ADVISOR CORNER
Thank you to those of you who joined us on  May 6th  to learn about the Foundation's work in achieving impactful philanthropy with our donors and to hear the new findings from the National Center of Family Philanthropy. Over 50 professional advisors had the chance to network, as well as learn about Structural and Family Trends in Philanthropy. 

We also introduced our upcoming  Professional Advisor Institute. Registration now open! If you are interested, please contact Susan Zarich at 713-333-2203 or  szarich@ghcf.org. 
To learn more about how GHCF can work with you to assist your clients in planning their charitable giving strategy, please contact Susan Zarich.
GHCF IN THE COMMUNITY
POVERTY, INC. Screening
The energy of the crowd of 120+ was undeniable as was the interest in learning more about the challenges and unintended consequences of international aid. We want to again express our appreciation to the David Weekley Family Foundation for their sponsorship. Please find below a few of the resources mentioned during the Q&A. 

RESOURCES:
For those who want to take a deeper dive:



Touchdown Houston Grant
The Foundation is proud to partner with Super Bowl LI Host Committee to administer Touchdown Houston charitable giving. See highlights from the kickoff event on Channel 11  coverage. Grant applications will be accepted from 501c3 nonprofit organizations serving the 11 county region of the greater Houston area. The application will close on June 30, 2016.  Learn more  about the online application process.  
Giving Circle to Focus on Early Childhood Education
Over 20 Next Gen alum have come together for another year of learning and grant-making through the Next Gen Giving Circle. The Giving Circle is open to all Next Gen alum and is still accepting new members for 2016. This year the Giving Circle has selected Early Childhood Education as their issue area. Applications are currently being accepted from local nonprofits and grantmaking will total approximately $10,000. The application can be found HERE. For more information or questions, please contact Rachelle Moody at rmoody@ghcf.org.
Next Gen Nominations
We are currently accepting nominations (self-nominations accepted) and recommendations for the 2017 Next Gen Donor Institute. The mission of the Next Gen Donor Institute is to connect, inspire, and engage the Next Generation of philanthropic leaders in Houston. The program is open to 25 - 40 year olds in the greater Houston community who are:
  • Engaged in significant giving
  • Have a desire to build a peer network around giving
  • Want to learn about strategic philanthropy
  • Want to deepen their understanding of Houston and the philanthropic landscape
To find out more about the program and how to nominate a candidate see this brochure or contact Jennifer Touchet, Director of Family Philanthropy, at jtouchet@ghcf.org or 713-333-2228.

SEEN AND HEARD

Foundation is recognized for assisting the Hess Corporation in establishing LEAP (Learn, Engage, Advance, Persevere), a three-year pilot program that supports at-risk middle school students in Houston.  Read the full article here.
How Do We Pass on Our Values?
Watch video of CFC member and Next Gen supporter, Katherine Lorenz.



Launch of the Center for Family Philanthropy featured in the  Houston Chronicle . 
It's no secret that Houston is a generous city.  Learn more about the Bayou City's dynamic philanthropic sector in the Chronicle's Houston Gives feature. 
Our goal is to inform and interest donors, clients and friends of the Foundation. 
We invite your feedback.  Contact us here  or through our website .