Richard Marker has been advising philanthropists for 25 years. Today, he took time to share his insights with us! He not only shares some best practices for philanthropy he offers tips for nonprofits who seek money from them (hint: don’t waste your time building relationships with philanthropists who don’t have an interest in your cause!)
Interview with Richard Marker, the Co-principal/founder of Wise Philanthropy / Wise Philanthropy Institute.
The following is the pre-interview with Richard Marker. Be sure to watch the recorded interview above.
What is the problem you solve and how do you solve it?
We help philanthropists and foundations make wise and informed decisions about their philanthropy strategy – as educators, advisors, writers, speakers.
More about Wise Philanthropy / Wise Philanthropy Institute:
Wise Philanthropy is a boutique advisory company exclusively for funders, philanthropists, families, and foundations. Our expertise is strategy, evaluation, and education. Typically our clients are in some transition, or facing questions about what to do next or how to do it better. Many of our clients are families or family foundations dealing with succession or intra family challenges. We do not manage anyone’s investments or their administration and never accept a fundraising contract. [The Institute is our educational arm which teaches the same market about core competencies in grantmaking including ethics, best practices, decision making, policies, and evaluation.]
Revenue model: Project or Lecture Fee for service + p.t. academic appointments
Scale: 2 partners in Wise Philanthropy – part of larger academic staff at University of Pennsylvania
Richard Marker’s bio:
Richard Marker teaches philanthropists and foundations from around the world at Penn’s Center for High Impact Philanthropy. He is also co-principal of Wise Philanthropy, a boutique strategy advisory firm. A long time thought leader and practitioner in the field, he has lectured in 39 countries and throughout the United States. Recently his writings on “philanthro-ethics” have stimulated new thinking on the intersection of power, equity, and social justice in philanthropy practice.
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Devin is a journalist, author and corporate social responsibility speaker who calls himself a champion of social good. With a goal to help solve some of the world’s biggest problems by 2045, he focuses on telling the stories of those who are leading the way! Learn more at DevinThorpe.com!