Maryland Philanthropy Network's 2020 Fund to Advance Impact Report

In the Fall of 2019, Maryland Philanthropy Network introduced the 2020 Fund to Advance Impact. We had unveiled our new name and brand earlier that spring and were excited by the renewed momentum it provided the Network. Our Board of Directors together with the staff and several members began to plan Maryland Philanthropy Network's future which we knew would include a move, necessitated by the sale of the organization's longtime home.

The 2020 Fund to Advance Impact was launched to enhance Maryland Philanthropy Network’s visibility and accessibility, support the organization's move to new office space, and expand the ways in which the organization supports the evolving needs and aspirations of our statewide membership enhancing the engagement and impact of Maryland's philanthropic community. We're pleased to share the 2020 Fund to Advance Impact Report below and to express our deep gratitude to all those who contributed and made the Fund a success.

Based on strategic conversations with our staff, board, and members, the 2020 Fund to Advance Impact will focus on five key areas to support our future:

• Our physical space. This thoughtfully designed office is conveniently located in Baltimore’s Hampden neighborhood, with easy highway access, free parking, and versatile spaces for a variety of uses serving our members and partners.
• Technology and communications. Immediate upgrades to our current technological capacities allows us to offer benefits such as better digital convening spaces which will add to our ability to communicate with and connect member organizations and partners across the state.  
• Enhanced programming and enriched expertise on key issues. Our strategic focus on the member experience has led to new ideas around programs and resources that will respond directly to our members’ interests and needs across geographies.
• A heightened focus on diversity, inclusion, and racial equity practices. As we continue to evaluate and improve on these valued organizational operating principles, we also want to support this work throughout our network, including through additional member convenings for peer learning.
• Our reserve fund. In keeping with our long-time fiscal policies and practices during dramatic changes for the organization, our goal remains to maintain six months of operating expenses ensuring we are not vulnerable to market fluctuations or unable to respond proactively to new opportunities.