GuideStar is the largest platform of information about data for nonprofits. In this segment, Jacob Harold, President and CEO of GuideStar, talks about how both individual donors and nonprofit executives leverage the data that GuideStar curates. He also discusses the danger of “short-termism”– of thinking everything happens on a quarterly basis. He explains that if you’re trying to build a great company, it takes years or decades… and the same is true for social change.
Foundations are often taken to task for being too risk-averse but no one could apply that epithet to the Rockefeller Brothers Fund. RBF, a 76-year-old foundation, played a huge and long-term role in brokering the U.S. and Iran nuclear agreement — which is now perhaps the most prominent and most committed philanthropic initiative to cease investing in oil, coal, and gas.
In this segment from the Business of Giving, Stephen Heintz, the fund’s president, tells the story behind its decision to divest from fossil fuels, despite its wealth being derived from one of America’s great oil fortunes. He also shares his thoughts on the Iran deal, how foundations can leverage and maximize its influence, their learning from grantees, the challenge of measuring the unquantifiable, and the history of Rockefeller family philanthropy.