We've all heard the phrase "It takes a village to raise a child."  An ongoing study from the Chapin Hall Center for Children made the village case for foundations.  Researchers studied the link between longevitity of funders and the success of the community to which is receiving their contributions.  The researchers call it embedded philanthropy.  A unique concept, embedded philanthropy involves foundations who hold an unusually intimate and enduring engagement with the communities in which they live and work.  The researchers identified four items of criteria to be considered embedded philanthropy.  The first is that the concept requires a long-term commitment in a specicied location.  The second is that a direct and ongoing relationship with the community exists.  Third, the funders believe such relationships come first in terms of strategy.  And finally, monetary grants are a part of the funders’ appraoch.

The study found that a number of foundations who held deep roots in their community were able to contribute to successful and effective changes in the area.  Whereas large, national foundations tend to come in, write a check, and then leave, embedded foundations stay in it for the long-haul.  

We’re reminded of a quote by American writer and management consultant  Peter F. Drucker, who said, “Unless commitment is made, there are only promises and hopes; but no plans.”  The idea of embedded philanthropy could path the way for smaller organizations to make an influential impact.  Embedded giving became a buzzword in 2007.  Is embedded philanthropy the next big thing for 2008?