August 27, 2024. At the 2024 Basler Stiftungstag, Cintia Jaime, Co-Founder and Executive Manager of the ES VICIS Foundation, had the honor of co-leading Workshop Nr. 2: “Management Challenges for Small Foundations” alongside Prof. Georg von Schnurbein, Director of the Center for Philanthropy Studies. This engaging session explored the distinct challenges faced by small foundations—those managing assets below CHF 10 million or operating with annual budgets under CHF 1 million. The discussion provided practical, innovative solutions to promote growth, ensure sustainability, and enhance the long-term impact of these organizations.
Understanding the Challenges
Small foundations play a vital role in driving meaningful change at a local and global level. However, their limited resources often present hurdles, including:
- Building Recognition: New foundations may find that simply having a strong purpose does not guarantee visibility or support. Strategic communication is essential.
- Establishing Legitimacy: Partnering with trusted organizations and stakeholders helps validate the foundation’s mission and strengthen its impact.
- Managing Dependency: Heavy reliance on a few donors increases financial vulnerability, highlighting the need for diversified funding.
- Defining Positioning: Small foundations must differentiate themselves in a crowded philanthropic landscape to ensure long-term relevance.
- Engaging Board Members: Recruiting and retaining voluntary board members can be challenging. Clear communication, structured agendas, and consideration of compensation can improve board effectiveness.
- Balancing Responsibilities: Unlike larger organizations, small foundations often concentrate fundraising, management, and operational tasks within a single role, straining resources.
Exploring Solutions
Through the workshop, several practical strategies emerged to help small foundations overcome these challenges:
- Flexibility: Remaining adaptable to new opportunities and changes in the external environment is key to staying resilient.
- Long-Term Planning: Succession planning for board members ensures continuity and stability. Identifying candidates early allows for smoother transitions.
- Peer Learning: Collaborating with other foundations provides valuable insights and shared experiences. Participation in associations and events fosters networking and mutual growth.
- Technological Support: Leveraging digital tools and support programs from tech companies can significantly enhance operational efficiency, often at reduced or no cost.
ES VICIS Foundation’s Journey
During the session, Cintia Jaime shared the journey of the ES VICIS Foundation, highlighting the challenges and innovative solutions that have shaped the organization’s evolution. From its inception, ES VICIS has focused on creating sustainable impact through collaboration, adaptability, and leveraging technology to amplify its mission.
As the philanthropic landscape continues to evolve, small foundations have a unique opportunity to thrive by embracing innovation, building strong networks, and sharing knowledge. Together, we can strengthen the sector and empower communities worldwide.
