Leveraging Philanthropy and Collaboration

The Lodestar Foundation seeks to expand the overall capacity of the social sector by promoting philanthropy, volunteering, public service, nonprofit collaboration and other business practices.

Our Philanthropic Philosophy

The Lodestar Foundation was created to put into practice a set of five interrelated sequential principles. These principles form the basis upon which Lodestar’s mission has been developed.

1

The basic goal of all humans is inner happiness. Learn more about the relationship between happiness and philanthropy.

2

Happiness can only be found by identifying and striving to achieve a meaningful purpose for one's existence.

3

One meaningful purpose is to endeavor to help one's fellow man. Learn more about the concept of Giving While Living.

4

Although there are countless ways to help, ultimately the ability to help is limited by one's time, money and other resources.

5

Applying tools of leverage to philanthropic resources can maximize the impact of helping others and thereby magnify the opportunity to achieve happiness.

WHY WE ARE CHANGING OUR BYLINE

When our journey in philanthropy began 21 years ago, we believed that we could achieve personal happiness through philanthropy. This belief was based on the theory that philanthropy is essentially a selfish act – we engage in philanthropic activities because it makes us happy to do so.  As a result, we crafted the following byline to the Lodestar name:  “Seeking happiness in philanthropy.” Over the years, however, as our philanthropic experience has deepened and our work has had a more profound impact on us, we have come to realize that happiness is not the ultimate personal philanthropic prize; the true reward is finding meaning in our lives through philanthropy. As Viktor Frankl, the famed psychiatrist, Holocaust survivor and author of “Man’s Search for Meaning” has stated, “The greatest task for any person is to find meaning in his or her own life.” Hence, our philanthropic journey has led us to create a new byline that more accurately describes our past and will guide us in the future, “Seeking meaning from philanthropy.”

 

Learn more about our approach