Philanthropic Ventures Foundation
May 2010
progress
a newsletter for our donors
and colleagues

The Future of Philanthropy

On April 24, I had the pleasure of giving the plenary speech to the Emerging Practitioners in Philanthropy (EPIP) at their National Conference in Denver.

48 hours later I was at Stanford University celebrating the 10th anniversary of the fellowship programs that place university students at foundations around the United States.  These fellowship programs were initiated by PVF and are now an established offering of the Haas Center for Public Service at Stanford University.  Over 92 students have held fellowships in philanthropic foundations.  I am honored to introduce these talented young people to the philanthropic field, and to mentor them in their fellowships. This is the only program of its kind in the country.

Young people are coming into philanthropy and PVF is dedicated to playing a major role in helping this come about.  We need their new energy and fresh thinking, and I hope we in the field can listen carefully to their voices.


The Denver presentation to EPIP was covered by several conference bloggers whose articles can be read here:


Rosetta Thurman, in Stanford Social Innovation Review, April 2010, "We Need to Do Better: How the Now Generation of Leaders Can Change Philanthropy."
http://www.rosettathurman.com/2010/04/we-need-to-do-better-how-the-now-generation-of-leaders-can-change-philanthropy/


Caroline Preston, in Chronicle of Philanthropy, April 24, 2010 "Young Grantmakers Urged to Make Bigger and Riskier Grants."
http://philanthropy.com/blogPost/Young-Grant-Makers-Urged-To/23437/

Elizabeth Miller, Overbrook Foundation Blogspot, April 25, 2010, "EPIP: Day Two."
http://overbrookfoundation.blogspot.com/2010/04/epip-day-two.html


About the Editor
Bill with students at Holy Family School

Bill Somerville has been in non-profit and philanthropic work for 49 years.  He was the director of a community foundation for 17 years, and in 1991 founded Philanthropic Ventures Foundation where he serves as Executive Director.  PVF is a demonstration foundation practicing unique forms of grantmaking and conducting innovative philanthropy.  Bill has consulted at over 400 community foundations in the United States, Canada, and the U.K., on creative grantmaking and foundation operations.  His primary interest is in the creative and significant use of the philanthropic dollar.
Board of Directors
John P. Carver, Chair
Retired Senior Vice-President
The Gap Inc.
Duncan Beardsley
Marketing Consultant
Howard H. Bell
Attorney
Bell, Rosenberg & Hughes, LLP
William E. Green
Attorney
William Green & Associates
Albert J. Horn
Attorney
Carr, McClellan, Ingersoll,
Thompson & Horn PC
Bill Somerville, President
Executive Director
Philanthropic Ventures Foundation
Jackie Speier
U.S. Representative
12th District of California
Moira C. Walsh
Attorney and
Philanthropic Advisor
Colburn S. Wilbur
Trustee and Former President
The David and Lucile Packard Foundation
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Philanthropic Ventures Foundation, 1222 Preservation Park Way, Oakland CA 94612-1201
Telephone: 510-645-1890 Fax: 510-645-1892
www.venturesfoundation.org