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Tactical Philanthropy Forum: Paul Brest & Bill Somerville

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Partner:: Other
Location:: Tactical Philanthropy Forum
San Francisco, CA
Event Date:: 11.19.08
Speakers:: Paul Brest,; Bill Somerville,; Sean Stannard-Stockton
Tags:: venture capital; social activism; donation

Summary: The Tactical Philanthropy Forum is a regular gathering of the thinkers and doers who are building a new and better social sector.

This event will feature a conversation with Paul Brest, president of The William and Flora Hewlett Foundation and Bill Somerville, president and founder of the Philanthropic Ventures Foundation. Sean Stannard-Stockton, author of the Tactical Philanthropy blog will act as moderator.

The conversation will examine the tradeoffs between a philanthropy driven by strategic, big picture issues and a grassroots approach to giving that focuses on funding outstanding individuals.

Paul Brest is the author of the newly released book Money Well Spent: A Strategic Guide to Smart Philanthropy. Bill Somerville is the author of Grassroots Philanthropy: Field Notes of a Maverick Grantmaker. Sean Stannard-Stockton is director of tactical philanthropy at Ensemble Capital Management, author of the Financial Times column On Philanthropy and a member of the World Economic Forum's council on Philanthropy and Social Investing.

Like all Tactical Philanthropy Forum events, the conversation will center on real world applications and is designed for a cross-disciplinary audience. Anyone and everyone interested in a new and better social sector are encouraged to participate. Both social sector professionals and individual donors will enjoy the evening's event. All attendees are asked to follow a strict policy of non-solicitation - The Tactical Philanthropy Forum

Bio

Paul Brest

Paul Brest is the President of the William and Flora Hewlett Foundation in Menlo Park, California. Mr. Brest received an A.B. from Swarthmore College in 1962 and an LL.B from Harvard Law School in 1965. He served as law clerk to Judge Bailey Aldrich and Supreme Court Justice John M. Harlan, and practiced with the NAACP Legal Defense and Educational Fund, Inc., in Jackson, Mississippi, doing civil rights litigation before joining the Stanford Law School faculty in 1969, where his research and teaching focused on constitutional law and problem solving/decision making. From 1987 to 1999, he served as the dean of Stanford Law School. Mr. Brest is co-author of Processes of Constitutional Decisionmaking (5th ed. 2007), and of Problem Solving, Decision Making, and Professional Judgment (forthcoming Oxford University Press, 2009) Together with Hal Harvey he is co-author of Money Well Spent: A Strategic Guide to Smart Philanthropy (forthcoming Bloomberg Press, 2008). He teaches a course on Judgment and Decisionmaking in the Public Policy Program at Stanford. Mr. Brest holds honorary degrees from Northeastern Law School and Swarthmore College, and is a member of the American Academy of Arts and Sciences.

Bill Somerville

Bill Somerville, founder and executive director of the Philanthropic Ventures Foundation (PVF). PVF administers the giving for thousands of donors and specializes in responsive approaches to grantmaking. Bill is also the author of a new book Grassroots Philanthropy: Field Notes of a Maverick Grantmaker.

Sean Stannard-Stockton

As a principal at Ensemble Capital Management, Sean Stannard-Stockton is director of tactical philanthropy and manages client portfolios. Stannard-Stockton authors the column "On Philanthropy" for the Financial Times and writes the blog Tactical Philanthropy, which has been cited by the Wall Street Journal and the New York Times. Stannard-Stockton speaks regularly on the trends defining what he calls The Second Great Wave of Philanthropy and is often quoted in the media. He is a member of the World Economic Forum's Global Agenda Council on Philanthropy and Social Investing.

Chapters

: Watch Full Program

01 hr 02 min 22 sec

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01.: Moderator Introduction

03 min 09 sec

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02.: Origin of Tactical Philanthropy Blog

03 min 46 sec

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03.: Somerville: Introduction to Philanthropy

02 min 06 sec

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04.: Brest: Road to Philanthropy

03 min 17 sec

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05.: Comparing Top-Down to Bottom-Up

03 min 54 sec

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06.: Funding Great People Not Organizations

01 min 23 sec

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07.: Getting Out of the Office

02 min 13 sec

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08.: Knowing Social Change is Occurring

03 min 22 sec

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09.: Problem-Oriented Philanthropy

02 min 12 sec

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10.: Venture Philanthropy Doesn't Exist

02 min 12 sec

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11.: Most Philanthropic Grants Are Less than Ten Thousand

03 min 47 sec

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12.: The Power of Failure

02 min 04 sec

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13.: Trust and the Paperless Approach

03 min 14 sec

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14.: Two Stages of Strategic Philanthropy

04 min 32 sec

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15.: Advice for Individual Donors

02 min 33 sec

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16.: Q1: Not Trusting Intuition

01 min 24 sec

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17.: Q2: Surprises in the Past 8 Years

02 min 42 sec

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18.: Q3: Transparency

02 min 17 sec

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19.: Q4: Strong Organizations Not Just Individuals

01 min 19 sec

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20.: Q5: Specialization Funding

01 min 57 sec

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21.: Q6: 'Bottom-Up' But Controlled by Donors

04 min 25 sec

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22.: Q7: The Moral Arguement

04 min 24 sec

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: Watch Full Program

01 hr 02 min 22 sec

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Paul Brest Describes Strategic Philanthropy

02 min 32 sec

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Paul Brest compares strategic philanthropy to a traditional business plan, disagreeing with the divisions between top-down and bottom-up business strategies.

Brest uses the Hewlett Foundation and Warren Buffet as examples.
Bill Somerville Disparages 'Safe' Venture Philanthropy

02 min 19 sec

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Bill Somerville criticizes the lack of risk-taking in American venture philanthropy.

Somerville believes these organizations fail because they are frozen in "bureaucracies of their own making."
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01 hr 02 min 22 sec

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Encyclopædia Britannica Article

philanthropy: Voluntary, organized efforts intended for socially useful purposes. Philanthropic groups existed in the ancient civilizations of the Middle East, Greece, and Rome: an endowment supported Plato's Academy (c. 387 BC) for some 900 years; the Islamic waqf (religious endowment) dates to the 7th century AD; and the medieval Christian church administered trusts for benevolent purposes. Merchants in 17th- and 18th-century western Europe founded organizations for worthy causes. Starting in the late 19th century, large personal fortunes led to the creation of private foundations that bequeathed gifts totaling millions and then billions in support of the arts, education, medical research, public policy, social services, environmental causes, and other special interests. See Andrew Carnegie; B'nai B'rith; Bill Gates; George Peabody; Rockefeller Foundation; Straus family.; philanthropy on britannica.com