April Madness

By: Reed Cooper, MTA 2018

As I sit here to write this I have just finished watching Villanova win the National Championship over Michigan. Personally, I am a huge basketball fan so I get wrapped up in the spirit of March Madness every year. I get completely invested in teams and storylines I have never heard of and probably won’t think about again once the tournament is over (Sister Jean at Loyola-Marymount, the UMBC Retrievers). I fill out a bracket and cheer fervently for teams I discovered days ago, ready to defend them to any doubter.

In our philanthropy course, we experienced our own sort of March Madness. The last class of February was pitch day, where over the course of two hours I quickly became familiar with 6 organizations, many of which I knew very little about going into the meetings. Then, just like my bracket, we had to begin a decision making process to narrow down these organizations and figure out who would move on to the next round. This first round became immediately tough. Each organization we met with had some great ideas and a mission that fit within the issues we were looking for.

When beginning to narrow things down to decide who we wanted to do site visits with, we came up with a few criteria for each organization to meet. First, we wanted to make sure that each proposal fit within one of the original issues our group sought to address (legal advocacy, cultural development, and food/water security). Once we determined that a proposal fit within the umbrella of our issues, we began to look to see if we believed our grant would go toward a project that met the goals we had for our grant. We wanted the money to go toward a new project and to something that would make a long-term sustainable impact. Using these criteria, we were able to decide on 3 organizations to continue this process with by making site visits. Continuing with the March Madness metaphor, this would be our “final four” (although we only had three groups).

Last week the NCAA Final Four occurred, as did our site visits. Our group was able to learn a lot more about these organizations and see exactly how the grant would be used. While this was extremely useful, in our case it just made the final decision even harder. While the NCAA tournament is now done, our final decision making process is just getting started. Every single group we have met with from the start had a great mission, so the metaphor somewhat falls apart here, because I definitely would not consider any of them a loser. However, we are definitely feeling the stress and now “April madness” that comes along with this tough selection process. I look forward to seeing the excitement at the end, and just like the basketball tournament, I am so thankful for everything I learned about each group along the way.

Building for the Future

By: Reed Cooper, MTA 2018

As our semester is getting started, one of the things I have found we focus on the most is how we can build for those who come after us. We are in a the unique position of having a different professor this semester, so we are all figuring things out together. Something that this situation has made me do is want to build a foundation for future semesters to build on.

I am part of our fundraising committee and the first job we have been tasked with is creating a plan to get us to a point of financial independence. We had a great discussion in class yesterday on what the benefits of financial independence would be for our class in the future. One of those benefits would be the ability to potentially create a fund that carried over each semester and was able to build and create its own income. Having this financial independence and a growing fund would help solve some of the problems that the class currently faces. One problem that we discussed specifically is the negative attitude that it can create if we invite an organization to pitch day multiple times without choosing them. If we had a larger financial base to work from, we would be able to assist with more projects each semester. Another benefit that financial independence would have for our class is that it would teach us more about what running a philanthropic organization is truly like. It would force us to become proficient in donor relations as well as potential donor outreach to insure that our fund continued to grow. It would also open more doors to working with other parts of Baylor’s campus in order to invest and operate our fund proficiently.

Another idea we discussed to help us build for the future is a journal that would be passed from semester to semester. This would help future semesters learn from what past semesters have done in an easier way than bringing in guest speakers over and over again. This would also help with the problem of inviting one organization to pitch day over and over again and not choosing them, because there would be a record of why that organization was not chosen. This would help the next semester decide whether or not they want to invite that organization back or open that spot for someone new.

Overall, what makes this class special is the hands on nature it has. One way to make things even more practical would be to treat it like a true philanthropic organization. One essential aspect of any organization is the ability to transition smoothly and continue growing even in the midst of transitions in leadership. I believe that is one area that our class has the potential for significant growth.