This episode gives insight into the world of nonprofit leadership and strategic philanthropy through a conversation with Rich Haddad, who has stewarded over $80 million at the K21 Health Foundation for the past 17 years. Rich discusses the importance of self-awareness and pre-decision making in finding purpose and maintaining discipline. He also shares strategies for effectively understanding community needs, making grants, fundraising, and guiding nonprofit organizations to maximize their impact. Listeners will gain perspective on strengthening communities through financial stewardship, engagement, and the power of pre-decisions.
Takeaways:
- Developing self-awareness of one's strengths, gifts, and motivations is important for finding purpose and fulfillment.
- Pre-deciding aspects of one's life can reduce decision fatigue and help inform habits and discipline.
- Understanding a community's needs requires looking beyond one's own experiences to engage diverse groups.
- Defining goals and parameters in advance helps make grantmaking and decision-making more consistent and objective.
- Building a strong board and engaging the community are important for nonprofit success.
- Financial stewardship, when paired with engagement, can help strengthen communities in meaningful ways over the long term.
Resources:
- Joe's Kids - A children's therapy clinic in Warsaw, Indiana that Rich has supported over 10 years
- K21 Health Foundation - The private foundation that Rich has led for 17 years in Kosciusko County, IN
Connect with Rich Haddad:
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