Are Philanthropic Consultants Still Relevant?
When I launched Ideal Philanthropy & Sustainability, a philanthropic advisory and grantmaking services firm, a year ago, it was during the biggest economic downturn in recent history. Even though I am a former foundation executive, I knew I just couldn’t let my friends and colleagues know that I launched this business and wait for clients. So, I spent the first seven months talking to about 50 philanthropic leaders and staff from a variety of philanthropic organizations and to some individual donors and impact investors. I was trying to learn how the economic downturn had changed their approach to philanthropy or investing and what types of outside consultants they saw themselves retaining now and in the near future. This was clearly not a scientific study, but simply something I did for my own purposes. However, when I shared some insights with others, it became clear that other people in the field could also benefit from what I learned.
Everyone said that the economic downturn impacted their philanthropic work in a variety of ways. Sometimes, it simply moved-up or slowed-down the time frame for initiatives they were already planning, but sometimes, it was clearly the impetus for changes in direction or ways of working. Here is what I learned:

