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Since the start of the pandemic, we have observed several transitions among foundation CEOs. These transitions have come about in a number of different ways. A significant number of CEOs retired from their positions (and a few have been dragged back into the fold). Some transitions have occurred because of new (or renewed) foundation missions which necessitated changes in organizational structure. And others have come about due to the natural evolution of careers, interests, and opportunities. But whatever the case, understanding what these transitions are like for the leaders— current and former—is instructive to both the field and the larger community.
As we look toward this year’s general election, the escalating negative political rhetoric is once again targeting the issues affecting people most marginalized in this country: transgender rights, reproductive autonomy, immigration, just to name a few. History has shown that these attacks are not new; they are a political ploy to stoke distrust and division during a critical election year while creating backlash against progressive wins. States and local jurisdictions across the country are passing bills to roll back progress on our civil liberties.
Stories of companies retreating from targeted programs, rebranding programs, changing messaging, or taking a “quiet action” approach due to fear of backlash abound in the field. While companies are working to meet the unique needs of communities with their philanthropic efforts, this fear is directly impacting corporate philanthropy and CSR efforts.
When a company’s brand is trusted, consumers are more likely to prove loyalty with purchases and advocacy. This earned trust and loyalty not only means more business, it also leaves room for forgiveness when a mistake it made. According to the 2024 Edelman Trust Barometer, Business as a sector is trusted more than philanthropy and nonprofits, government, or media. Then why does it feel like companies constantly need to thread the needle with no room for error? How can we grow our impact as a sector to support an equitable future?
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