Community and Economic Development for Community Foundations

Lily Family School of Philanthropy LogoMaximize the potential of place and catalyzing of resources for your community.

Co-hosted by the Council on Foundations and the IU Lilly Family School of Philanthropy.  Speakers and participants will include experts from the Council on Foundations, the Lilly Family School of Philanthropy, and Indiana philanthropic and economic development institutions.

Taking Community Leadership to the next level for Community Foundations

Community development improves lives and builds prosperity by maximizing the potential of a place.  Combine this with the role of catalyzing and raising resources from a community on behalf of a community, a Community Foundation can capitalize on its unique role as a convener, grantmaker, and endowment builder for greater community prosperity with simple practices taken from community and economic development strategies.

Do you see complexity in your work and seek strategies to adapt yourself, organization and community for the difficult work of social change?

Making financial capital available is important; exercising leadership is fundamental. Community philanthropy’s focus, skill, and experience matter more than money. 

The workshop will include themes of grantmaking in economic development, community engaged collective impact, adaptive leadership, and a basic impact investing models. Do you aspire to exercise leadership in pursuit of the opportunities and challenges at hand? Attend this session to voice your assumptions, create energy for the work from your colleagues, and explore practical tools for mobilizing people, clarifying what matters most, and creating impact.

Attendees will explore, analyze, and discover new ways to strengthen their understanding of this work with peers, network with professionals in this space, and hear promising community development strategies to lead to greater opportunities for foundation growth and impact in your community.


  • John Cochrane, independent consultant on social innovation and impact investing
  • Andy Fraizer, Executive Director of Prosperity Indiana and member, National Alliance of Community Economic Development Associations
  • Lara Kalwinski, JD, Senior Counsel, Compliance & Policy, Council on Foundations, and Executive Director, U.S. Community Foundation National Standards
  • Mark Sidel, JD, Charles Stewart Mott Foundation Visiting Chair in Community Foundations at the Indiana University Lilly Family School of Philanthropy; Doyle-Bascom Professor of Law and Public Affairs, University of Wisconsin-Madison; Member, Council on Foundations Community Foundations National Standards Board
  • Brad Ward, Director, Community Philanthropy, Council on Foundations

The workshop will be moderated by Mark Sidel, Charles Stewart Mott Foundation Visiting Chair in Community Foundations, IU Lilly Family School of Philanthropy at , and Brad Ward, Director, Community Philanthropy, Council on Foundations.


9:00-9:15 a.m. — Opening

9:15-10:15 a.m. — Community Engaged Collective Impact – Andy Fraizer, Prosperity Indiana, and Michael Eggleston, St. Louis Federal Reserve

10:30-12:00 p.m. — Legal & Regulatory Rules to Grantmaking for Economic Development – Lara Kalwinski, Council on Foundations, and Toby Rittner,l of Development Finance Agencies

12:00-1:00pm — Lunch and commentary, Tony Macklin, Impact Finance Center

1:00-2:30 p.m. — Community Foundation Impact Investing – John Cochrane, independent consultant and Terri Johnson, Indiana Philanthropy Alliance

2:45-3:00 p.m. — Adaptive Leadership: Comprehensive Community Approach – Andy Frazier, Prosperity Indiana and Katie Kramer, Council of Development Finance Agencies

3:00-4:00 p.m. — Closing | Q&A, Mark Sidel and Brad Ward

Community and Economic Development is part of a broader framework of community leadership by a community foundation. To ensure a readiness to have a conversation specific to community and economic development, it is recommended to pre-read Framework for Community Leadership by a Community Foundation in advance of the workshop.

Event Resources

A sample of resources for economic development by community foundations:

  • Framework for Community Leadership - The framework can be used to bring clarity to the definition and practice of community leadership by individual community foundations. This is the building ground to foster acceptance of the opportunities presented by community and economic development with the governing board and staff leadership. Without the framework of community leadership embedded into your principles of mission delivery, a community foundation cannot fully embrace the potential of community and economic development as a strategy and tool for success. 
  • Learning to Lead: The journey to community leadership for emerging community Foundations