A Detroit group that gives new life to wood, doors and antique fixtures salvaged from deserted homes is getting its own revival. With no strings attached, Reclaim Detroit said it has received a $100,000 grant after a fire destroyed a workshop, tools and wood saved from more than 100 houses…. Read more »
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Many philanthropists these days consider themselves at the cutting edge of innovation and problem-solving. Perhaps at a programmatic level we are, since through philanthropy we have eradicated age-old diseases, supported mass social movements, and turned around entire cities. Yet despite our modern successes, philanthropists do not have a habit of expecting the unexpected.
“Unexpected things happen in the world,” philanthropist and psychologist Laurie Michaels, Ph.D., tells Inside Philanthropy. Most nonprofits, though, aren’t prepared for the sharp curves that they may meet.
This is a problem, which is why Michaels founded the Open Road Alliance to meet a demand for fast, flexible contingency funding for nonprofits.
Fund Provides One-Time Charitable Donation that is Matched by Original Funder
Launched as Part of Commitment to Action through the Clinton Global Initiative
In this piece, Maya Winkelstein, Open Road’s executive director writes about how at Open Road we are learning to think about money not as the solution to problems but as a fungible resource that can be shaped into tools and used to help solve problems.
In this guest contribution to Root Capital’s Back Roads to Boardrooms, Maya Winkelstein, Open Road’s Executive Director, discusses the organization’s investment strategy and our evolving relationship with Root Capital.
Last fall, I started researching the topic of risk in philanthropy for a conference session. I wrote a post soliciting feedback on the topic and cited a couple of the resources I’d found useful. Some of the best thinking I’ve found comes from the team at the Open Road… Read more »
This post was originally featured in The Chronicle of Philanthropy.
This post was originally featured on Case Foundation’s Be Fearless Spotlight. Be Fearless Spotlight is a part of a special blog series by the Case Foundation featuring Be Fearless stories from the field. The series highlights people and organizations that are taking risks, being bold and failing forward in their… Read more »