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2016 Innovator: Budget Buddies

BudgetBuddies_FinalLogo_1At the March 17 Social Innovation Forum (SIF) event, “Promoting Economic Self-Sufficiency for Women,” speaker Deborah Goldberg, state treasurer of Massachusetts, lauded Budget Buddies’ important work and underscored the necessity of promoting wage equality and women’s economic empowerment. Throughout her speech, Treasurer Goldberg spoke passionately about the power of collaboration.

The theme of collaborative power, and especially the collaborative power of women, could not have been more appropriate. Budget Buddies, led by co-founders Anita Saville and Kathy Brough, both promotes and embodies the power of women working together to help other women. Ms. Saville described the financial coaches—women who work one-on-one with the organization’s clients, sometimes for years—as the heart of the program.

Coincidentally—or not!—the SIF track sponsor that ultimately selected Budget Buddies as a 2016 Innovator was also a collaborative of women. The Anna B. Stearns Charitable Foundation, a well-established local entity focused on women and girls in Greater Boston, had the privilege of identifying and partnering with four other funders committed to women’s and girls’ empowerment:  the Miriam Fund, the Story Exchange, United Way of Massachusetts Bay and Merrimack Valley, and Womenade Boston.

This is an excerpt of an article written by Hannah Blaisdell, foundation assistant at GMA Foundations, for the Social Innovation Forum’s blog (click here to read in full).

Let’s talk about Reinvention

NPO Conversation Series

We invite leaders of nonprofit organizations to join us each quarter for a brown-bag lunch discussion about issues, ideas, and concerns in the nonprofit and philanthropic community. The meetings are a time for us to “talk shop” and move beyond the usual conversation between foundations and nonprofit organizations.

REINVENTION : GMA’s NPO Conversation on Tuesday, April 30th (new date)

From the 100-year old charity to the start-up organization, nonprofits are constantly reinventing themselves. Whether it is a change in mission, a change in board, or a change in image, organizations are trying new things to continue to matter.

How has your organization continued to reinvent itself in order to continue living your mission, meeting your goals and securing funding? How do you and your colleagues infuse your organization with new ideas and energy? How will your organization stay relevant?

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Philanthropists who Dare : Embracing risk for social good


Panel discussion and reception on December 6th

Since 1982, GMA Foundations has been engaged by philanthropists across the country to help build strategic grantmaking programs, strong operations and effective governance.   Thousands of trustee decisions – ordinary and extraordinary – have shaped so much good.

In this digital age, philanthropic giving increasingly flows to data-rich nonprofits that show measurable results.  And yet, funders do break free of the data and fund creative, early-stage, unproven ideas, despite the risk.  These bold moves have altered seemingly inevitable paths, shining light on new models and fostering systemic change.  Creativity and innovation continue to be essential to solving some of our most difficult social issues.  The philanthropic community is poised to lead.

Energizing conversation often propels us to set aside fear of failure and take bold action.  With that in mind, we celebrate our 30th anniversary in conversation with philanthropists who dare to do things differently, who have embraced risk for social good. Continue Reading »

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