The founder of GuideStar takes an updated look at the ecosystem that informs philanthropy. What needs work?
The Edna McConnell Clark Foundation has, since the late 1990’s, recreated itself, narrowing its focus to youth serving programs and adopting an unusual approach to selecting and capitalizing programs that they judged might hold the potential for significantly improving outcomes for young people. In so doing, EMCF has had a quiet but profound impact on philanthropic thinking. Nancy Roob, the Foundation’s president talks here about what EMCF’s conceptual framework is and what it took to shift the foundation’s model. This is the fourth in a four part series on Enterprise capital funding.