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Mighty FinsightsExploring the frontiers of fintech Author: CSTMR
Welcome to "Mighty Finsights," the podcast where finance meets formidable insights and spirited storytelling. Hosted by fintech and financial services agency CSTMR, this show delves into the stories that shape the world of finance and fintech, brought to you straight from the minds of those who know it bestthe innovators, the disruptors, and the trailblazers. Each episode of "Mighty Finsights" is a journey into the heart of financial innovation and personal achievement. We sit down with finance professionals, fintech founders, and visionary leaders to uncover the narratives that are often overshadowed by numbers and charts. From humble beginnings to groundbreaking achievements, our guests share not just their successes, but the challenges and setbacks that have shaped their path in the finance industry. Whether you're a finance professional seeking to glean insights from leaders in the field, a fintech founder curious about the latest trends and technologies, or simply someone fascinated by the stories of grit and perseverance behind successful enterprises, "Mighty Finsights" is your gateway to understanding the complexities and capturing the spirit of the financial world. Join us as we unveil the powerful insights and the incredible people behind them, offering not just lessons in finance, but also in innovation, resilience, and the continuous pursuit of excellence. "Mighty Finsights" is more than a podcast - it's an experience where finance and insight come to life: www.cstmr.com/mighty-finsights-podcast. To be a guest on the podcast: https://cstmr.com/mighty-finsights-podcast-guest/. Language: en Genres: Business, Marketing, Technology Contact email: Get it Feed URL: Get it iTunes ID: Get it Trailer: |
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Interview with Mike Nellis of Austin Community Foundation: How Community Foundations Can Restore Trust in Philanthropy
Episode 31
Tuesday, 25 November, 2025
Host - Rory Holland - cstmr.com - Linkedin: CSTMRInterviewed - Mike Nellis, Austin Community Foundation - LinkedIn: Austin Community FoundationWant to be a part of the podcast? Contact Rory today!In This EpisodeIn episode 31 of Mighty Finsights, Rory Holland interviews Mike Nellis, CEO of the Austin Community Foundation (ACF), about the pivotal role of community foundations in today's economy and philanthropic landscape. Mike discusses how ACF serves as a "charitable bank" and community endowment, connecting people and resources to tackle issues like housing affordability. They explore the generational wealth transfer and the skepticism younger generations hold toward traditional philanthropy. Learn why ACF is focused on trust-based giving, and how they use flexible capital and deep community knowledge to deploy capital with sustained impact, moving beyond simple transactional giving.Generational Wealth Transfer: A massive transfer of wealth is underway, posing a huge opportunity for organizations like community foundations to help younger generations invest capital meaningfully.Skepticism in Philanthropy: Younger individuals from wealthy families are often skeptical of traditional philanthropy, requiring challenge and guidance on how to use their capital and influence for significant positive change.Beyond Charitable Banking: Community foundations function as both a charitable bank (managing Donor Advised Funds or DAFs) and a permanent community endowment, ensuring capital is available for both today's and future needs.DAFs Offer Flexibility: Donor Advised Funds (DAFs) allow donors to receive a tax deduction today while making gifts over time, offering efficiency and flexibility in charitable giving.Trust-Based Giving: A shift is occurring away from prescriptive giving to a trust-based philanthropic perspective, where funds are invested in high-impact organizations and their leadership, moving beyond focusing on overhead minutiae.Solving Housing Affordability: The Austin Community Foundation is tackling the local housing affordability crisis by providing cheap, fast, and flexible debt to developers to unlock other capital for housing production.Data and Future Relevance: ACF remains relevant by using data to understand regional challenges, which informs their grant-making and long-term strategy, enabling them to meet the community's needs in perpetuity.Living Minimal Is Freeing: Rory and Mike talk about their experiences living in RVs on the road and how those experiences shaped them as people and shaped their relationships with others.Chapters00:00 EP31 - Teaser00:40 EP31 Introduction01:49 The Billionaire Philanthropy Workshop06:00 Skepticism in Philanthropy: The Younger Generation's Perspective07:35 Journey to Austin from the Midwest12:01...
